You’ve heard the news and you’ve likely experienced it first-hand: the housing market is hot, and homes are moving as fast as ever. But there’s one segment of the industry that seems to be slowing down: luxury real estate. As a Realtor, it’s important to understand the complex influences that drive down demand or slow the market—and it turns out, there’s a lot going on in this picture.
Myriad factors are affecting the luxury real estate market
Let’s take a closer look a... read more