C'est Le Buzz: Real Estate, Locally & Globally

What's happening with our San Francisco neighbors?
The San Francisco market continues with very strong levels of sales for properties over $2 million. The rate of increase is staying much stronger than expected, with a 27.8% yearly increase in median single family home prices during the second quarter of 2014.
Nationwide, ultra-luxury prices continue to soar. In the top ten category, the most expensive listing was a mansion in Bel Air Canyon which sold for $125 million dollars .... and at #10 was the Crespi Estate in Dallas which sold for $88 million dollars.
On the international luxury market, a recent sale of a London townhouse for $200 million dollars got some attention and movie star Catherine Deneuve's French chateau which sold for nearly $6 million was a popular item.
Locally or Globally, the real estate market is marching on an upward trend and this makes all of us happy.

Contact Glass Sabine
at ssabine@grubbco.com

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