The Sweet Spot for Buying Luxury Homes
Posted by The Aaronson Group on
If you’ve been looking for a home at the high end of your market but haven’t found the right one, you may have put your search on hold. But according to recent data, now may be the time to jump back in. Here’s why.
There Are More Luxury Homes To Choose From
What’s considered the top-end of the market, or a luxury home, will always vary by location. But generally speaking, their homes are valued in the top 5% of any market. According to a recent report from the Institute for Luxury Home Marketing, the selection of luxury homes is increasing (see graph below):
As the graph shows, more single-family luxury homes are available now than a year ago. There are even more than there were just a month ago. This increase means you should have a…
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