The US luxury real estate market continues to show record figures!
Luxurious housing is in huge demand, with people willing to shell out hundreds of millions of dollars for it, according to experts in the field.
Christy Budnick, CEO of Berkshire Hathaway Homeservices (BHHS), says that the luxury real estate industry continues to grow while other areas suffer from inflation and other causes. The sector has been showing new records for two years, although it has been more stable lately, the Portugal News reported on October 16, 2022.
Budnick drew attention to the fact that the issue of real estate has stabilized in general, but luxury houses are again on the buzz, and are in great demand and interest. This is especially true of American real estate, houses in Miami are being sold at a record price, and last week one such object passed into someone’s property for $ 100 million.
BHHS company previously released its 2022 Global Luxury Real Estate Report. The geopolitical situation, the climate, and the energy crisis that have been raging lately, still affect real estate, and it is assumed that this market will continue to remain in good shape. It was also noted that consumers are becoming increasingly attached to technology, which gives various organizations the ground for reflection on how to develop further, for example, within the now popular metaverse.
Christy Budnick noted that the luxury housing market requires a global approach, and this is definitely the BHHS brand, which is expanding and moving forward, ready to meet the needs of clients of any complexity.
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