Nine Figure Home Sales are Skyrocketing

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In today's episode we dive into the rising amount of nine figures home sales that are happening around the US, particularly in areas like Beverly Hills, Bel Air, Brentwood, Malibu, Manhattan, and Palm Beach. $100,000,000 for a house is a lot of money, and it wasn't all that long ago when we saw our first $100,000,000 sale happen. We are seeing more and more mega mansions built and sold in this ultra luxury price point though. Lets check some of them out together!
I hope that you enjoy this video and if you have comments please leave them below! See you next video!
-Scott
Disclaimer: This channel, and any communication shared during these videos, should not be taken as financial or legal advice. Viewers should retain their own legal counsel or financial expert(s) before making their own decisions. If you need legal advice, please contact an attorney directly. If you need financial advice, please contact a Certified Public Accountant or a Certified Financial Planner or other licensed professional. I (Scott) am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, or financial advice. Opinions shared in these videos are my personal opinion and are for entertainment purposes only. No comments should be construed as fact. Always do your own due dilligence. And one more thing.. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel.

[@Real.Estate.Report]

Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: www.masterworks.art/realestatereport Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. See important Masterworks disclosures: www.masterworks.com/cd

[@daprovocateur]

I started watching during The One debacle. It was the high point in real estate drama

[@Real.Estate.Report]

It really was…

[@JeffinSouthernTierNY]

I guess I am an OG, lol, I remember your “The One” videos, very interesting.

[@TheRideshareHub]

Can you do an interview with Nile Niami?

[@Real.Estate.Report]

I’ve tried… several times. He doesn’t want to talk to me

[@Mike_Davidson]

@@Real.Estate.Report 😂😂😂😂🤷🏻‍♂️

[@maxhi88]

At some point we have got to ask ourselves: Is it really ethical to let people still build houses for less than $100M ???

[@TusharGrover26]

watching your videos since start of your channel ...all the best

[@johnkeith2450]

Average home in 1980, about 47K. Today, about 450K

[@Real.Estate.Report]

🤯

[@sbrown9020]

That's insane

[@sierrapeaks]

Wow, I looked up my grandparents home and they bought their house in 1982 for 184k, I always wondered why old friends of theirs who are still living claimed they were “so successful.” I always thought they were just kinda average when I was a small child and they were still alive. I guess that puts it into perspective 😂

[@scotthillman3283]

In the greater Toronto Canada area, today's average home price is over 1 Million. This is by no means the luxury category, just average detached home. I could never afford to buy my own house today.

[@phoenix5054]

House prices doubling every 10 years... so that's about 7% inflation. Crazy!

[@bt2581]

Def been watchin right before The One. U do a really good job describing everything about these homes Scott.👍✌

[@x-marks-x5137]

I certainly remember the endless news you enthusiastically and kindly gave us on “the one” over a long period of time, you did a great job on this back then! Perhaps you could find a new super cool and interesting project that’s in development and bring this to our attention for a long period of time until completion? I think all the viewers here would agree that this would be attractive to follow on your channel! Is there any such project in development worth reporting on that still has a little while before completion you could hook us on to? 😇 cheers and keep up the great content buddy, I personally love your channel 🙏

[@Real.Estate.Report]

Thanks for the kind words! There are a few that come to mind that could be a good fit. Developers generally aren’t building like they were back then. For one reason, the city won’t even allow it anymore. But let me think about some options of ones that would be fun to follow

[@markuswunsch]

That New York penthouse sold for 115 million... so that's a price cut! But was to be expected and if you watched Arvin Haddads video on it you know why.

[@Kodakcompactdisc]

Very enjoyable video 👍🏾

[@tammyc6863]

I watched every video of The One and the tour you did there. Amazing home. That house caused so much drama that you couldnt miss a video lol

[@sierrapeaks]

Aaron Kirman with almost every 9 figure listing in LA 😂 that’s a power broker

[@Real.Estate.Report]

Haha yeah good point

[@barryholiday8998]

Always enjoy your videos

[@Real.Estate.Report]

Thanks Barry

[@Imposter-DJ_ROHO]

Isn't this how things were right before the French Revolution🤔 Great job as usual Scott!

[@andrewsievers8136]

in 2000, there were 322 know billionaires, today there are 2,781. Crazy to think how many new ones will be minted through inheritance over the next couple decades. I wouldn't be surprised if this number reaches 20,000 by 2050.

[@yout480]

Can you do a video of the 10101 Angelo View Dr. Can find very little information and it is massive like the One.

[@ArtFreeman]

That tall New York home used to be $250,000,000 I think. I guess there was no interest in it at that price.

[@markuswunsch]

Sold a few days ago for 115 million

[@laserbender2773]

Cool video. Technically, 9 figure houses already exist, but they're not up for sale at this time. Antilia, Mukesh Ambani's home, is estimated at somewhere between 1 and 2 billion dollars.

[@Real.Estate.Report]

True that’s good point

[@JasonWalter1]

Great video. Fun fact: the median sale price in California this May was around $900k so you could buy one $100M home or 111 average homes in CA.

[@Real.Estate.Report]

Crazy!

[@janelly1810]

Some of these mansions look like throwback scene shots from The Bold and the Beautiful.

[@kimi88cz]

Great video. Serhant said his biggest sale was 195M. I thought it was the penthouse

[@NEXGENALLSTAR]

In at 5.2K Views and 60 comments....would love for you to document Ken's build

[@surfstarcc1]

"The One" videos were very entertaining.

[@Real.Estate.Report]

Those were wild times ha

[@annonymously331]

Mostly because of palm beach to be honest, though prices across the board have increased since the pandemic

[@masaharumorimoto4761]

I wonder how much Lucas' Skywalker Ranch would fetch on the market.

[@guitar911rock]

The penthouse Serhant has sold for $115m. They for some reason are still advertising it.

[@millersadventure]

i'd lvoe to know what is happening with the one now. is it a home or is it going to be an events space or what.

[@Bxr12]

Re: 432 Park Avenue - it’s not “haters” who don’t like this building (as you so eloquently put it), it’s the fact that the building has been riddled with lawsuits from shoddy plumbing and resulting flooding and damage. Grow up.

[@Real.Estate.Report]

😊

[@Mike_Davidson]

$100,000,000 just doesn't go as far as it use to. 🤦‍♂🤣🤣🤣🤣

[@Real.Estate.Report]

It sure doesn’t 😂

[@hiissh]

You have been painting.....🎨

[@Real.Estate.Report]

Wow good catch haha… I didn’t notice that until I was editing 😂

[@bsenka]

Nile Niami was right, he was just ahead of his time by a couple of years.

[@gregoryambres1897]

"The One" days were good times.

[@nicholas87541]

I remember The One videos...

[@Real.Estate.Report]

I think I need a The One tattoo 😂

[@john-paulsylvester2382]

The One have become the many.

[@kendahl7922]

NEED TO USE THE NIVIDIA STOCK CASH IN

[@menaseven9093]

You are right Scott it is smarter to buy 5 $20 million houses than 1 $100 million house, because the one $100 million house is more likely to drop in value than 5 houses, and the buyer pool is bigger for $20 million houses. I will rather have the $100 million house the $100 million penthouse condo. The One mansion, La Fin mansion are the most beautiful mansions. The Cobb street mansion has the best land.

[@wwgbert]

Well, if I had that type of money I would buy a few homes, Oregon coast, Colorado in the mountains (Vail / Beaver Creek) and Big Sur with a water view. Serious lotto money but knowing me the houses couldn't be over 2500 sqft, way too much to take care of.

[@Real.Estate.Report]

Those are good picks !

[@Fuzziefeelings]

Putin's estate on Black Sea is valued at 1.5 billion. The home alone is over 100 000 SQ foot. Although I read it's rotting away..

[@L4Y_SP]

i miss the one.....

[@davidabam3847]

I think that when you spend that much money on a house it’s a statement piece. It permanently separates you from other billionaires and cause someone worth 2-5$ billion isn’t buying a hundred million dollar house but I may be wrong

[@cristibaluta]

The first 2 are real houses, not malls with bedrooms

[@DanFrederiksen]

Some are just overpriced and deservedly never sell. Most that sell have some merit. The JayZ Beyonce house being a savage exception, assuming the sale price is at all true. That house is traaash :) seller is laughing all the way to the bank. And Kanye West is taking a savage bath on his beach house. He could lose 85%. I don't think we are in a bubble as such, people have cray money so unless there is a major financial crash they will stay high. People might realize that a place like new york isn't worth living in but so far no major epiphanies.

[@2000Cowboys]

( The One ) 🎵🎶🎵🕺

[@t3truedesigns]

The one was stolen! Should of sold for way more!!!

[@alexzombi2104]

The rich are getting richer and the rest is even poorer. All set up.

[@mutalekasengele6559]

Lol the comments I used to see saying "100 million dollars for this?" have not aged well people have money to burn society just has to accept 😂

[@sharonnangle6557]

How can I get a private message to you?