https://www.the1031investor.com/wp-content/uploads/2018/08/canstockphoto34125597.jpg 2002 3000 Gunnar Foster https://www.the1031investor.com/wp-content/uploads/2018/08/the1031investorLogo135x80.png Gunnar Foster2018-08-18 12:15:422018-09-26 11:53:45Where is the Fastest Growing Luxury Housing Market in the US?
Where is the Fastest Growing Luxury Housing Market in the US?
Luxury home sales keep breaking records in 2018. According to Market Insider, a strong economy has created sizable demand for luxury housing. The entry-level price point for purchasing a home in half of the upper tier markets studied has surpassed more than a million dollars.
Interestingly enough, Sarasota tops the list as one of the fastest growing luxury housing markets. Despite sales prices rising more than 21 percent since last May, half of all luxury homes in the city sold within 157 days.