In recent years, popularity with
wealthy home buyers from outside these communities has shaken local economies.
The FHA, once a niche player focused on low - income housing, now backs about a third of new mortgages including super-sized ones for
wealthy home buyers.
In the multimillion dollar real estate market, there's a few other features sought after by
wealthy home buyers that are beyond the reach of most Canadians.
What makes a real estate professional indispensable to
the wealthiest home buyers in the market?
Not exact matches
Now that
wealthy second
home buyers are returning to the southern tip of Long Island, they have noticeably different criteria than their predecessors of 10 or even five years ago.
When looking for a new
home, the priorities of Canada's
wealthy are often in line with the typical
home buyer — but having more money also means their
home shopping list is far longer, and the items to be checked off are considerably more luxurious.
Media reports have credited
wealthy Chinese
buyers with rapidly rising
home prices.
Seattle's Eastside is experiencing a wave of
wealthy Chinese
buyers for luxury
homes in Medina, Clyde Hill and other millionaire... Continuar a Ler >
The
wealthiest presidential administration in modern history has Washington's high - end real estate brokers busy courting prospective clients and readying
homes for a new audience of
buyers.
An entrepreneur based in Denver is offering
wealthy but jittery
home buyers a chance to make part of an abandoned missile silo their new
home sweet
home.
But it does have a regular - visitor
home team of sorts:
Wealthy international
buyers who spend time and money here.
However,
home buyers tend to be larger households with children, and on average
wealthier, with higher levels of education and concentrated in urban areas.
Greater Toronto Area
home sales may have hit a slump but a new report suggests Toronto's luxury condominiums are being gobbled up faster than ever by
wealthy buyers willing to shell out over $ 1 million for apartments in the sky.
High lending standards that make it hard for millions of younger, single
home buyers to get a mortgage are creating an older, more married and
wealthier population of homeowners.
• Younger
buyers are significantly more likely than
wealthy buyers age 55 and older to want
homes with amenities such as a pool, outdoor kitchen,
home gym,
home theater, wine cellar and four or more garages.
The fashionable Notting Hill area attracts
wealthy buyers from Itay, France and the US, who spend an average of # 4 million on a new
home.