Experience:
Affluent home buyers often have special financing needs and may require a flexible — even unique — loan structure.
Not exact matches
Real estate professionals who work with
affluent buyers and luxury
homes attest that serving this market niche requires an adjustment in both business methods and mindset.
To narrow down the top five Power Markets to Watch for
Buyers and Sellers, as well as other key trends for
affluent investors, the Coldwell Banker Global Luxury program collaborated with The Institute for Luxury
Home Marketing to analyze the top 5 percent and 10 percent of active and sold listings in 2017.
Blomquist says many
affluent people who are now priced out of San Francisco move to Marin, driving up
home prices and thus making it harder for many people to afford to live there; plus
affluent international
buyers are increasingly eyeing this area.
Luxury
homes have a lot of appeal, particularly among
affluent buyers who are looking to invest in a valuable property.
With low prices and mortgage rates still available in most parts of the country,
affluent buyers — or those who have always dreamed of a cabin on a lake — are making their move and purchasing second
homes in exotic locations to be used as vacation getaways.
In Calgary, some
affluent buyers, rather than living through the chaos, are moving to higher ground while their
homes are being rebuilt.
Affluent buyers are feeling bullish about housing, as luxury
home sales skyrocket, Bloomberg reports.
However, while other building companies are focusing on luxury
buyers and
affluent millennials in suburbs close to big cities, Tri Pointe, which built the Lindemanns»
home, plans to increase its share of first - time
buyer properties to 40 % from about 35 % now, according to Chief Operating Officer Tom Mitchell.
Members of The Institute are real estate professionals who have undergone extensive luxury
home sales and marketing training to enhance and fine - tune the competencies necessary to meet the needs of today's
affluent buyers and sellers.
The magnificent property in London's
affluent Kensington has 46 rooms — all lavishly decorated — and the lucky
buyer will come
home to their own cinema room, swimming pool and extensive gardens.