Phoenix, AZ (PRWEB) June 14, 2013
The Real Estate Marketing Insider today announced its top three luxury real estate markets. The announcement ran as a response to a June 10 article in Inman News detailing the plethora of new opportunities in luxury real estate. With luxury markets making a comeback in recent months, REMI offered real estate agents three U.S. markets which would be ideal choices for starting a career in selling luxury real estate.
As Inman News correspondent Bernice Ross wrote in the piece, “After the last dreadful few years in which inventories were soaring and there were few luxury buyers, the market has finally shifted back again.” The Inman report set forth criteria for properties and listing to be named “luxury” offerings, as well as detailed the makeup of real estate buyer leads who might be interested in purchasing luxury real estate. The piece mentioned a recent report from Coldwell Banker which profiled the “ultra-affluent” – buyers in the market for a home valued at $10 million or higher. Coldwell Banker found that most ultra-affluent buyers are between 45 and 54 years of age; over half are married with children; and, 72 percent buy in local areas.
The Insider wants real estate brokers to pay particular attention to the finding that most luxury buyers buy property in their home markets. Furthermore, almost 80 percent of luxury buyers said that location is the most important feature in considering a new home. REMI concludes that choosing the right market in which to sell real estate is the biggest key to success in luxury markets. Here are the Insider’s Top 3 luxury real estate markets:
- Aspen, Colo., with its pristine views and close proximity to city life in Denver.
- The Hamptons, N.Y., an affluent market which attracts socialites from all over the Eastern seaboard.
- Mercer Island, Wash., a nearby luxury market to Seattle which provides ocean views and recreation in addition to all of Seattle’s offerings.
The Real Estate Marketing Insider detailed three top markets to start a luxury real estate brokerage. REMI named Aspen, Colo., the Hamptons, N.Y., and Mercer Island, Wash., as the best starting markets for luxury real estate.
About the Real Estate Marketing Insider:
The Real Estate Marketing Insider is an online publication specializing in the U.S. real estate. The Insider offers real estate agents and professionals breaking news, expert analysis, and forecasts of new trends in sales and marketing.