Considering buying a luxury home? This is a great time!
Are you considering buying a luxury home? Are you in a home that non longer fits your needs? If you are ready to upgrade to a luxury home, now is a great time to do so! Recently, the Institute for Luxury Home Marketing released its Luxury Market Report. This report shows that in today’s premium home market, buyers are have an advantage. This is also the case in the Twin Cities area. Luxury home inventory The inventory of homes for sale in the luxury market far exceeds the number of people searching to purchase these properties in Minnesota and the Twin Cities market. This means that homes are often staying on the market longer or can be purchased at a discount. If you currently have a starter or trade-up home to sell you will find a large buyer pool of competing buyers, and often we find ourselves in a multiple offer situation and receive...