Luxury Homeowners Offer Sleepovers, Slash Prices
Update: 2025-12-17
Description
Luxury homeowners are resorting to unconventional tactics to sell their properties, offering overnight stays to potential buyers. With high prices and mortgage rates, sellers are struggling to move their multi-million dollar homes. High-profile individuals like Rupert Murdoch and Jennifer Lopez have slashed prices, indicating a shift in the market. Buyers are now prioritizing smart design and long-term value over square footage and celebrity status. Luxury markets with mansion taxes add further complexity to pricing, making transactions more challenging.
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