❌

Reading view

What the superrich want in a home in 2026

Two people sit on red sofas inside a glass-walled modern home. A pool sits beside it, surrounded by trees.
Here's what luxury homebuyers are looking for in 2026.

Westend61/Getty Images

  • Home sales may be sluggish, but the luxury segment of the market is thriving.
  • Sotheby's International Realty highlighted four things motivating luxury homebuyers in 2026.
  • Some are buying homes in Milan, while others are moving to San Francisco to take part in the AI boom.

While many Americans are sitting on the sidelines, waiting for the real-estate market to become more affordable, ultrawealthy buyers are still snapping up homes.

Sotheby's International Realty's 2026 Mid-Year luxury outlook survey found that 55% of its real-estate affiliated professionals worldwide who specialize in properties priced at $10 million and above saw an increase in luxury homebuyers in their local markets over the previous 12 months. Respondents also said they expect strong demand for the remainder of 2026.

"The affluent remain engaged and confident in the luxury housing market. They are deliberate but not deterred," Philip A. White Jr., president and CEO of Sotheby's International Realty, said in the brokerage's report.

Here are four trends gaining traction among ultrawealthy homebuyers according to Sotheby's report, from a revival in San Francisco's real estate market to a growing demand for homes that allow buyers to age in place.

Luxury buyers want a home where they can age in place
Luxury spa bathroom with glass sauna, walk-in shower, large bathtub, wood wall panels, plants, and warm lighting.
Wealthy homebuyers want homes with health and wellness amenities, such as saunas.

sl-f/Getty Images

Americans are increasingly focusing on health and wellness, transforming not only how they live but also what they want in their homes.

Sotheby's International Realty found that luxury buyers — many of whom already invest in products and routines that help them stay healthy — are less likely to downsize or move into senior housing. Instead, they are opting to buy homes that better allow them to age in place.

Sotheby's International Realty's survey shows that nearly 40% of real estate professionals said aging in place is a growing priority among homebuyers.

"Increasing life expectancy, coupled with affluent homebuyers' desire to 'age in place,' is reshaping everything from home design and location choice to how inventory circulates in prime real estate markets," Tammy Fahmi, senior vice president of global servicing and strategy at Sotheby's International Realty, said in the report.

For luxury buyers, a home's ability to support a high quality of life is a top priority. Sotheby's found that they want spa-like amenities, including saunas, cold plunges, and red-light therapy; advanced air and water filtration, and easy access to the outdoors through nearby hiking or walking trails. Those who can afford it are also interested in integrated health-monitoring technology or in-home staff.

2. Miami remains a hot spot for ultrawealthy homebuyers
Skyline of downtown Miami with the Freedom Tower, standing among condos, and palm trees.
Downtown Miamit

benedek/Getty Images

While home sales are still down across the country, Sotheby's International Realty's report suggests that the luxury end of the real-estate market is doing well.

"There's a little more inventory that has helped keep that property market moving," Lawrence Yun, chief economist and senior vice president of research at the National Association of Realtors, said in Sotheby's report. "The stock market has helped, plus the ability of upper-end homebuyers to pay with cash and not be concerned about mortgage rates."

In the US, several markets continue to attract luxury buyers, especially Miami. In recent years, celebrities and billionaires, including Jeff Bezos and Mark Zuckerberg, have purchased multimillion-dollar homes in the Miami area.

"The ultra-luxury property market in Miami is on particularly solid ground," Yun said. "They had a little oversupply, but with their infrastructure development and new luxury condominium construction, it's becoming an even bigger city."

3. Ultrawealthy buyers want to live where their money goes further.
Milan skyline top view during a sunny day
Milan.

undefined undefined/Getty Images

Global uncertainty is prompting many people to reconsider both where they invest their money and where they live. For ultra-high net worth individuals, that often means looking to cities that offer stability and greater value.

Among those places, Milan is becoming an increasingly attractive destination for luxury homebuyers, according to a Sotheby's report.

Milan's appeal is also tied to Italy's tax incentives and residency-by-investment program, which provides access to the Schengen Area, which includes countries such as the Netherlands, Spain, Sweden, Portugal, and Greece.

"That has attracted a lot of ultra-high-net-worth individuals," Diletta Giorgolo, a global real estate advisor at Italy Sotheby's International Realty, said in the report. "More people were coming to Italy for not only residency, but their fiscal regime. We were always used to international buyers, but they came for second homes. The big difference is that now many are buying primary homes."

4. AI is breathing new life into the Bay Area and reviving its real estate market
Aerial shot of residential streets in the Outer Sunset neighborhood of San Francisco.
AI is causing a revival in San Francsizo's luxury market.

halbergman/Getty Images

As the AI industry booms in the Bay Area, younger affluent buyers who left for cities like New York and Los Angeles are being drawn back by job opportunities.

"San Francisco thrives on innovation and new technology, and now the AI boom is real," Alex Hachiya, a San Francisco-based senior global real estate advisor at Sotheby's International Realty, said in Sotheby's report. "Wealth flooded back into the city in 2025, and we saw 84% more sales of homes priced at $7.5 million and up that year, compared to 2024."

Hachiya said it is typical for younger luxury buyers, many of whom work in tech, are entrepreneurs, or come from family wealth, to buy homes in San Francisco before later purchasing a second property in the suburbs, where they plan to raise their children.

He added that when it comes to homes, these buyers want move-in-ready homes with flexible living spaces and walkable neighborhoods.

Read the original article on Business Insider

  •  

LeBron James has a decorated NBA career. His real estate portfolio is pretty impressive, too.

LeBron James, in a blue PHILA number 23 uniform, shoots a basketball in an arena.
LeBron James.

Sarah Stier/Getty Images

  • LeBron James' multimillion-dollar real estate portfolio is as impressive as his NBA career.
  • His portfolio includes a $36.75 million Beverly Hills property where he's building a compound.
  • He also purchased a home in Coconut Grove. Take a look at the homes he's owned over the years.

LeBron James has had a legendary run on the court. The four-time NBA champion has played for the Cleveland Cavaliers, Miami Heat, Los Angeles Lakers, and now the Philadelphia 76ers, winning titles with his first three teams.

His real estate portfolio has grown alongside his career. James has bought homes near most of the cities where he has played, building a multimillion-dollar collection of properties in the process.

Forbes estimates James' net worth to be $1.4 billion as of publication. Over the years, he has secured lucrative endorsement deals and business ventures with brands including Nike, Beats by Dre, PepsiCo, and Fanatics.

Now, James is reportedly living in a luxury building in New York City and commuting by helicopter to Philadelphia for 76ers games and to the team's practice facility in Camden, New Jersey (the flights are covered through his partnership with Fanatics) — a routine that has drawn criticism from some fans.

Take a look at some of the properties James has purchased over the years, from a custom-built home in Akron, Ohio, to a 13,000-square-foot mansion in Beverly Hills.

The NBA star's first real estate purchase was a home worth more than $ 2.1 million outside Akron, Ohio.
Signage for THE I PROMISE SCHOOL and Akron Public Schools stands beside a landscaped roadside entrance.
In 2018, LeBron James, in partnership with Akron Public Schools, opened the I Promise School.

Allison Farrand/NBAE via Getty Images

James was born and raised in Akron, Ohio, and the city remains a big part of his life.

In 2003, after the Cleveland Cavaliers drafted him at age 18, he purchased an almost seven-acre property in Bath Township, a community just outside Akron, for more than $2.1 million.

After tearing down the property's existing home, he built a 30,000-square-foot house in its place. The six-bedroom, fourteen-bathroom home includes a recording studio, a full barbershop, a home theater, a sports bar, and a two-lane bowling alley, Robb Report reported.

While James spends much of his time outside of Ohio these days, he's still very connected to Akron.

In 2018, through the LeBron James Family Foundation, he opened the I PROMISE School in partnership with Akron Public Schools. The public elementary and middle school serves at-risk kids, providing them with free meals and transportation. Eligible students also receive free tuition to the University of Akron.

James bought a $9 million home in Coconut Grove before it was cool.
A Mediterranean-style residence with a balcony, three garage doors, and palm trees in the background.
James briefly owned this home in Miami.

Courtesy of Opulence International Realty

In 2010, after seven years with the Cavaliers, James announced during a live, hourlong ESPN special that he would be joining the Miami Heat. The move became one of the most controversial moments in NBA history.

While many Cleveland fans saw it as a betrayal, Miami welcomed James with open arms. That year, he purchased a 13,930-square-foot, six-bedroom home in Coconut Grove for $9 million.

After four years with the Heat, during which James helped bring home two championships along with fellow superstars Dwyane Wade and Chris Bosh, he listed his Miami home for $17 million. After returning to Ohio, the home eventually sold for $13.4 million, Realtor.com reported.

A Realtor.com listing shows the home was last sold for 18.5 million in 2023. It's no surprise its value has climbed. Over the years, Coconut Grove has become one of Miami's hottest and wealthiest neighborhoods, attracting high-profile residents including Citadel CEO Ken Griffin and Google's cofounder and former CEO Larry Page.

James liked Brentwood so much that he bought two mansions in the neighborhood.
Aerial views of a large under-construction mansion that is sitting on a hill in the Brentwood neighborhood.
Brentwood, a neighborhood in California.

Adam Mustafa/Getty Images

James returned to his hometown to play for the Cavaliers in 2014. But when he bought a $21 million, six-bedroom mansion in Brentwood the following year, it sparked rumors that he could eventually move to the Lakers.

The 9,440-square-foot colonial-style home had eight bathrooms and amenities, including a basketball court, a home gym, and an infinity pool. James eventually sold the home for $19.6 million in 2021, Robb Report reported.

In 2017, James purchased a second Brentwood property for $23 million. The newly built mansion had eight bedrooms, marble floors, 14-foot ceilings, and a rooftop terrace overlooking Los Angeles.

The speculation about James joining the Lakers proved right in 2018, when he signed a four-year, $153.3 million deal with the team. In 2020, he led the team to an NBA title and became the first player in league history to win Finals MVP with three different teams.

James bought a Beverly Hills mansion for $36.75 million and is building a compound in its place.
The Beverly Hills sign hangs over a pond.
Lerbonn James bought a $TK home in Beverely Hills.

Alexis Gonzalez/Getty Images

In 2020, James made his biggest real estate purchase to date when he bought a 13,000-square-foot mansion in Beverly Hills for $36.75 million.

The mansion, which sat on 2.5 acres, was built in the 1930s and once belonged to Lee Phillip Bell, the co-creator of the soap operas "The Young and the Restless" and "The Bold and the Beautiful," Realtor.com reported.

In 2023, he demolished the existing home and began building a new compound from the ground up. According to Robb Report, the plans call for two homes: a roughly 16,000-square-foot, two-story main house with a 7,700-square-foot basement garage, pool, spa, and outdoor kitchen; and a 6,550-square-foot, one-story guesthouse with a basement theater and hot-and-cold plunge pools.

James is living in New York during the basketball season, while his wife, Savannah, and their daughter remain on the property as construction continues.

In October, the couple gave Vogue a look inside the property. Among their most treasured features in the home is an OxyHealth hyperbaric chamber, the Vitaeris 320 model, which, according to the health website Regenerated, can cost between $ 18,000 and $23,000.

Read the original article on Business Insider

  •  
❌