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Is It Time To Sell Your Second Home?

Posted by Patrick Kelley on January 12, 2023 in  Demand  Luxury Homes  Second home  Seller
During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isn’t only defined by price. In a recent article, Investopedia shares additional factors that push a home into this category: location, such as a home on the water or in a desirable city, and... read more

Luxury Homes Are in High Demand

Posted by Patrick Kelley on June 09, 2022 in  Demand  Location  Luxury Homes  Vacation home  Value  Wants
As people realize their needs are changing, some are turning to luxury housing to find their dream home. Investopedia helps define what pushes a home into this category. In a recent article, they point out that a luxury home isn’t only defined by its price. Location is also an important factor. It could be a condo at a desirable city address, a spacious home on the water, or one with access to luxury activities like arts and entertainment, high-end shopping and dining, and more. The home itse... read more

The Latest on the Luxury Home Market

Posted by Patrick Kelley on September 05, 2024 in  Inventory  long-term investment  Luxury Homes
  Luxury living is about more than just stunning views and cutting-edge smart home technology—it's about elevating your lifestyle. And if you're in the market for a million-dollar home, now is an excellent time to explore the thriving luxury market. Here's why. The Number of Luxury Homes Is Growing The top of the market, or luxury homes, can mean different things depending on where you live. But in general, these are homes that are in the top 5% price range in any area. According to a recent repo... read more

The Sweet Spot for Buying Luxury Homes

Posted by Patrick Kelley on June 05, 2024 in  Inventory  Luxury Homes  Wealth  Wealth building
  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, they’re homes that are valued in the top 5% of any given market. According to a recent report ... read more

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