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Phoenix Named a Top Global Luxury Home Market

By March 30, 2021March 25th, 2025No Comments

By Angela Gonzales | Phoenix Business Journal

Phoenix was named a top luxury real estate market to watch in a new report by Coldwell Banker Global Luxury.

Phoenix was identified along with Denver and Dallas as secondary markets on the rise in the new report, called The Report: 2021 Global Luxury Market Insights.

Chris Karas — who recently sold two luxury homes in Paradise Valley for $2.8 million and $3.7 million — said the luxury real estate market has been focused on Paradise Valley and Scottsdale for many years.

While those markets continue to strive, the founder of The Karas Group and co-founder of Launch Real Estate said he’s seeing the city of Phoenix taking off, too.

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