Emerging Luxury Buyer Trends
Posted by ERA Landmark Real Estate on
The return of the high-end real estate market has been a popular topic lately. And while I enjoy analyzing the raw sales numbers and dissecting the data projections, this article will cover the lighter side of who these buyers are and what is currently trending in luxury home sales.
Though most certainly the attributes of the high dollar buyers vary; in a nutshell, they are richer, global, younger, faster, and more demanding. As for richer, there are the new self-made multi-millionaires, many of who are shareholders in this tech race for digital and social dominance. The second group is the next generation of a homebuyer who is poised to inherit great sums of money from a boomer parent. Both sets love real estate. They will be looking to invest much of…
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