An article this month in US News and World Reports details a trend in luxury home purchases; More women making investments in estate-style housing. The article, by staff reporter Meg Handley, identifies the trend emerging from several factors.
“Many women are also poised to benefit from the largest transference of wealth in history as retirement and inheritances from parents and spouses loom.”
However, the article identifies another, equally affluent group of women are also taking advantage of the rebounding marketplace in real estate; self-made women entrepreneurs and “C” level executives.
Handley explores realtors impressions of this growing demographic in home-buying, by identifying differences between single-women looking for homes, as compared to couples or men looking in the same marketplace. While some factors remain the same, such as the search for value for investment, the author points to a difference in women’s buying patterns by focusing on quality of interiors and building materials used inside the home, as opposed to men or couples who tend to focus more on the home’s floor plan and exterior quality, or what’s referred to as ‘curb appeal’.
The Luxury Home Marketing Group matches buyers in the elite home marketplace with great opportunities in the Raleigh and Triangle-area of North Carolina. Explore great exteriors and interiors at our boards on Pinterest. Connect with our members and ask questions about the improving marketplace for Luxury homes in and around our area.
Since 2004, the Luxury Home Marketing Group’s objective is to provide an unsurpassed network of the industry’s top producing agents with home tours, unbiased feedback and monthly meetings. The concept has been quite successful. Membership within the group is highly sought after within the industry. High standards must be met and maintained in order to be considered for candidacy. Each member has been selected based on professionalism, commitment, experience, sales success and above all, client satisfaction.