The Sweet Spot for Buying Luxury Homes 🏡✨
Been hunting for that perfect high-end home but coming up short? Maybe you’ve hit pause on your search. But guess what? Now might be the perfect time to dive back in. Here’s why:
1) More Luxury Homes on the Market 🎉
Luxury homes—those top 5% gems—vary by location, but the good news is, there’s a bigger selection now than last year. According to the Institute for Luxury Home Marketing, there are more single-family luxury homes available now than ever (check out the graph 📈).
Follow this link for a copy of Luxury Market Report May 2024
This means you’ve got a wider variety to choose from, each with its own unique flair. Whether you’re after a waterfront property, modern kitchens with Dacor or Wolf appliances, stunning views of Mount Diablo, or smart home tech, the increased inventory means you’re more likely to find something that fits your style.
2) Rising Prices, Rising Wealth 💰
Luxury home prices are on the up and up—by 8.7% over the past year, says HousingWire. People with the cash are buying now because they believe prices will keep climbing. Buying now means you can build more wealth over time. Wait, and you might end up paying more for the same home later.
Translation…
With more luxury homes available and prices on the rise, now’s a great time to buy. Want to check out the high-end homes in our area? We have several high end neighborhoods in Far East Contra Costa including Vista Dorado, Trilogy and Delta Coves. I have an especially fabulous neighborhood that might totally WOW you!!! Let’s chat! Shoot me an email at TeamOgaSells@gmail.com, text me at 925.325.3713.