Luxury Home Sales on the Rise

Already this season we have witnessed multiple offers on our custom homes, so we expect that this will be a great season for luxury homes for sale. After two years of falling prices, they are finally starting to go up.

In an article published today by the Palm Beach Daily News, real estate brokers are certain that the high-end buyer has returned. Those who have put off buying a home over the last few years are starting to come out of the woodwork with an interest in buying luxury homes.

Sales are up nationwide for realtors who serve a high-end buyer and the average sales price is also increasing. The downside the available inventory. With so many builders halting construction and homeowners feeling more financial relief, there are not many new luxury homes for sale.