LUXURY DAILY: Second homes, relocation driving luxury real estate
Most luxury real estate agents expect “The Great Migration” to continue into 2022, according to global real estate membership platform Realm.
Per Realm’s 2022 Economic Forecast Survey, nearly 85 percent of respondents believe high-net-worth clients will continue diversifying their real estate portfolios by purchasing larger properties with outdoor amenities. Members expect inventory issues to continue, however, pushing up prices.
“The great lifestyle migration is continuing to evolve,” said Julie Faupel, Founder/CEO of Realm.
