Category: Luxury Market

Why You May Want To Cash in on Your Second Home
For Sellers, Luxury Market, Pricing, Selling Myths | June 7, 2021
Why You May Want To Cash in on Your Second Home

When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large yard are all examples of amenities that became highly desirable almost overnight. Zelman & Associates recently reported that sales of primary residences…

Dreaming of a Bigger Home? Why Not Buy It This Year?
For Buyers, For Sellers, Interest Rates, Luxury Market, Move-Up Buyers, Pricing | June 3, 2021
Dreaming of a Bigger Home? Why Not Buy It This Year?

Are you clamoring for extra rooms or a more functional floorplan in your house? Maybe it’s time to make a move. If you’ll be able to work remotely for the long-term or your overall needs have simply changed, it’s a great time to sell your house and move up. Why? With mortgage rates in their favor and higher-priced home sales…

Why This Is a Great Year to Sell Your Vacation Home
For Sellers, Housing Market Updates, Luxury Market | April 15, 2021
Why This Is a Great Year to Sell Your Vacation Home

As vaccines are administered and travel resumes, many of us are beginning to plan for those long-awaited vacations we missed out on over the past year. Some households are focusing their efforts on buying a vacation home rather than staying in a hotel, too. The National Association of Home Builders (NAHB) reports: “Second homes (i.e., homes sold to buyers who…

The Luxury Market Is Attracting Buyers in 2021
For Buyers, Housing Market Updates, Interest Rates, Luxury Market, Move-Up Buyers | February 10, 2021
The Luxury Market Is Attracting Buyers in 2021

As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shares: “In a snapshot of 2020, despite the devasting effects of the coronavirus pandemic, the luxury real estate market has seen…