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More than 15.5 Million Affluent Households Across the Globe Are in the Market for Residential Real Estate Over Next Three Years
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A comprehensive study of the world’s affluent households by Luxury Portfolio International® (LPI), the luxury marketing division of Leading Real Estate Companies of the World®, the largest global network of premier locally branded residential real estate brokerage firms, revealed compelling metrics on the demand for residential real estate among the world’s wealthiest.
“We are seeing that trend on the West Coast of Florida and throughout the entire state. As work remotely becomes the new norm we anticipate buyers will continue to migrate to our region from northern states,” added Bob Glaser, President and CEO of Smith and Associates Real Estate.
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New Report Reveals Five Behavioural Trends Behind Home Buying in 2021
62% of Luxury Buyers wish to Work, Live, Play at Home. 75% actively plan this.
The top trend is the shift in time spent inside the home as it s repurposed for working, learning, living and playing.
Freedom of Movement
61% of Luxury Buyers are Likely to Buy International Property. 76% are interested in having Dual-Citizenship.
Travel remains a passion, with demand for this growing over lockdowns. Holidays ignite second home purchases, and freedom of movement is aided by dual-citizenships. Buyers in developing-economies showing greater interest in golden passports.
Self Reliance
65% of Luxury Buyers want to be more Self-Reliant. 79% want to increase Personal Security.
New Report Reveals Five Behavioural Trends Behind Home Buying in 2021 notimerica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from notimerica.com Daily Mail and Mail on Sunday newspapers.