You want that luxe life? You’ll pay the price.

The location, design and architecture of a luxury home can grab the imagination and lead to fantasies about jet setting to the French Riviera or vacationing in an exclusive Asian metropolis. However, the luxury real estate market has so much more nuance in terms of location, price point and even buyer demographic than a daydream could ever convey.In this episode, host Maiclaire Bolton Smith sits down with CoreLogic Deputy Chief Economist Selma Hepp to discuss the luxury real estate market both in the U.S. and abroad, as well as dive into the trends driving the sales of these chic abodes.