The Ultra Luxury Real Estate Market in Beverly Hills & surrounding...

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Real Estate Agent with Berkshire Hathaway HomeServices 01238708
http://activerain.com/droplet/4Ykz

The Beverly Hills and surrounding area’s Ultra Luxury Market has started to pick up steam. Clearly an indication that we will be looking at a very strong 2017. After all, it is virtually the end of December. Customarily the challenge with the Ultra Luxury Market is, that there is hardly any inventory to choose from.

An affluent high net worth individual can basically buy a property almost anywhere on the Globe. If someone can spend from a low end of $50 million to the high end of $1 Billion dollars of disposable money  for a property, then that person must have a compelling reason to buy in the United States. Hence in order to buy in Beverly Hills, Bel Air or vicinity there must be an attraction and compelling reasons as wel.

The biggest impetus which bring high net worth aka ultra-luxury real estate purchasers to the United States is Global Uncertainty. Supper affluent politicians and Captains of Industry always understood that their money was safe in the United States. Vis a vie Beverly Hills has always offered an opportunity to have their money parked in a safe investment. There is also discretion involved, it does not matter if the buyers are a wealthy Middle Eastern Businessmen, or Princes, or Italian Art Collectors, or a German Publisher or a Russian Oligarch to use a few examples. They can all be assured that their identity will be kept confidential.  There is also a safety factor unparalleled compared to the rest of the Globe. The United States Government will not confiscate the Mega Mansion without any reason provided the owners pay their taxes. There is also a wonderful temperate climate to add into the mix.

Now let us look at the current inventory:

www.endrebarath.com

 

As you can see from this snapshot that these properties are in the Multiple Listing Service (MLS) actively marketed. In addition to these five homes there are an additional five not listed in the  MLS, but quietly marketed from $50 million to $145 million.

In addition to the four vacant parcels of land there are another five also quietly marketed from a price point of $19 million to $1 Billion.

If you would like a confidential discussion about any of the above mentioned properties please reach out to me directly.

www.endrebarath.com

If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at  http://www.endrebarath.com.  I am a Pet Friendly Realtor and I contribute a portion of my commission to local animal rescue organizations.

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Rainmaker
2,220,164
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Good morning, Endre... this is virtually a non-existant market in my area. Of course, what we consider luxury market is often just a move-up home in yours!  Make it a great week!

Dec 26, 2016 04:54 AM #1
Rainmaker
2,480,514
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Good morning Endre. Choices for the ultra wealthy are unlimited, but your inventory plus climate make your area a top contender! Enjoy your day!

Dec 26, 2016 06:20 AM #2
Rainmaker
799,092
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Endre Barath, Jr. - You bring very solid arguments for the ultra luxury market. An affluent high end purchaser can depend on your confidential discretion and discussion about Beverly Hills and Bel Air property. 

Dec 26, 2016 06:23 AM #3
Ambassador
1,733,372
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Endre you have some great property to offer. Have a wonderful day and enjoy your day.

Dec 26, 2016 10:04 AM #4
Rainmaker
1,071,785
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Endre Barath, Jr. - A great analysis for the ultra luxury real estate market!  It's good to know that the ultra high-end has once again picked-up!  It's a good sign for the over-all market too!

Dec 26, 2016 03:49 PM #5
Ambassador
2,573,369
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Endre - I love that phrase "...from a low end of $50 million..." Nice market overview.

Dec 26, 2016 04:31 PM #6
Rainmaker
2,523,943
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

Endre,  Only those familiar with the area and who have "luxury" markets the way we see them in many areas of California can relate to those prices ... and we know people are paying them. 

Dec 26, 2016 05:09 PM #7
Rainmaker
2,561,294
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Nina Hollander  not many States can boast of having this type of market, Endre

Dec 30, 2016 08:42 PM #8
Rainmaker
2,561,294
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Wayne Martin  I agree the climate is a huge draw in addition to the other factors, Endre

Dec 30, 2016 08:43 PM #9
Rainmaker
2,561,294
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sheri Sperry - MCNE®  interestingly with all the TMZ' of this world some of the largest transaction happen right in front of their eyes and they find out after the fact, Endre

Dec 30, 2016 08:44 PM #10
Rainmaker
2,561,294
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Noah Seidenberg  glad you stopped in, Endre

Dec 30, 2016 08:45 PM #11
Rainmaker
2,561,294
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com  you are absolutely right when the Ultra High End picks up the rest of the market follows shortly after it, Endre

Dec 30, 2016 08:46 PM #12
Rainmaker
2,561,294
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Dick Greenberg  interestingly enough I did not include the $20 milliont to $49 million inventory:) Endre

Dec 30, 2016 08:46 PM #13
Rainmaker
2,561,294
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Kathleen Daniels  indeed I should do a report of what sold in the past year that would be an eye opener too, Endre

Dec 30, 2016 08:48 PM #14
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Rainmaker
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Endre Barath, Jr.

Realtor - Los Angeles Home Sales 310.486.1002
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