What are Luxury Buyers Looking for?

Not all home buyers are alike. Well, that’s not really earth shattering, but some buyers are really different than others!  High net worth buyers don’t typically get deterred by the ups and downs of prices. More high net worth buyers say they are looking to buy/invest this year than last (54% compared to 48%).  I personally feel that we here in Midcoast Maine have some of the nicest offerings available!

This could be yours!

                   This could be yours!

High net worth individuals surveyed give the following reasons for buying estate:

40% cited investment attractiveness

39% desired to live in a specific location

38% sought a safer investment than the stock market

31% wanted to take advantage of low interest rates

(Source: Coldwell Banker Previews International and Ipsos Connect)

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