Luxury homebuyers are feeling good, exhibiting stronger spending power

Real estate

October 28, 2021

After strategic investments throughout the pandemic, luxury homebuyers are prepared to out-bid other buyers for desired properties. Image credit: Luxury Portfolio International

 

Due to record returns on investments and increasing cash reserves, current luxury homeowners are looking to upgrade in a market with few first-time luxury home buyers.

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”,”iv”:”3e26ec9901c73393c5bbd65cad9aab69″,”s”:”62658049fea97c48″