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!
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