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Luxury Home Sales Soar
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Luxury home prices surge with high-profile sales in hot real estate markets. Dianne Feinstein, DJ Zedd, Tinder co-founder Sean Rad, and others are selling their properties for millions of dollars. The rise in luxury home prices is attributed to a 20% increase in high-dollar listings in the fourth quarter of 2023.
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How might the surge in luxury home sales impact the overall real estate market and affordability?
In what ways do high-profile sales influence public perceptions of real estate and wealth distribution?
What factors contribute to the appeal of high-profile sales and their impact on real estate trends?
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