Luxury market booming thanks to celebrities, say real estate experts

By Fox News – FoxNews.com

Video Capture: FoxNews.com

Video Capture: FoxNews.com

Beyoncé and Jay Z’s $26 million mansion. Jennifer Lopez’s $10 million dream home. Madonna’s $32 million townhouse.  It’s safe to say celebrity real estate is booming, and thanks to the top 1-percent’s purchasing spree, even regular folks are seeing the benefits.  “The luxury market throughout the country, especially New York City, is red hot,” Tom Postilio, Douglas Elliman real estate agent, tells Fox News.

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Category : As Seen Online &Blog &Residential Properties

 

 

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