{"id":2138,"date":"2018-03-19T10:00:28","date_gmt":"2018-03-19T10:00:28","guid":{"rendered":"https:\/\/thezakariagroup.com\/dreaming-of-a-luxury-home-nows-the-time\/"},"modified":"2018-03-19T10:00:28","modified_gmt":"2018-03-19T10:00:28","slug":"dreaming-of-a-luxury-home-nows-the-time","status":"publish","type":"post","link":"https:\/\/thezakariagroup.com\/dreaming-of-a-luxury-home-nows-the-time\/","title":{"rendered":"Dreaming of a Luxury Home? Now\u2019s the Time!"},"content":{"rendered":"
\n

\"Dreaming<\/p>\n

If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! Recently, the Institute for Luxury Home Marketing<\/em> released its Luxury Market Report<\/em><\/a> which showed that in today\u2019s premium home market, buyers are in control.<\/span><\/p>\n

The inventory of homes for sale in the luxury market far exceeds the number of people searching to purchase these properties in many areas of the country. This means that homes are often staying on the market longer or can be found at a discount.<\/p>\n

Those who have a starter or trade-up home to sell will find buyers competing, and often entering bidding wars, to be able to call their house their new home.<\/p>\n

The sale of your starter or trade-up house will help you come up with a larger down payment for your new luxury home. Even a 5% down payment on a million-dollar home is $50,000.<\/p>\n

But not all who are buying luxury properties have a home to sell first.<\/p>\n

A recent Bloomberg<\/em> article<\/a> gave some insight into what many millennials are choosing to do:<\/p>\n

\n

\u201cA new generation of affluent homebuyers powered by a surge in inherited wealth is driving the luxury-home market, demanding larger spaces and fancier finishes, according to a report heralding \u2018the rise of the new aristocracy.\u2019\u201d<\/em><\/p>\n<\/blockquote>\n

Bottom Line<\/strong><\/h3>\n

The best time to sell anything is when demand is high, and supply is low. If you are currently in a starter or trade-up house that no longer fits your needs and you are looking to step into a luxury home, now\u2019s the time to list your house for sale and make your dreams come true.<\/p>\n<\/div>\n

Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

If your house no longer fits your needs and you are planning on buying a luxury home, now is a great time to do so! Recently, the Institute for Luxury Home Marketing released its Luxury Market Report which showed that in today\u2019s premium home market, buyers are in control. The inventory of homes for sale […]<\/p>\n","protected":false},"author":101010,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[98,99,109,101],"tags":[],"jetpack_publicize_connections":[],"yoast_head":"\nDreaming of a Luxury Home? 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