-
How real estate’s new power players are redefining the luxury market
These days, practically a few instances as a lot of men and women with a web well worth of $5 million+ very own real estate in the $1-5 million variety in contrast to the numbers in 2019 — an 180{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} enhance of luxury assets ownership in a mere a few-yr interval. This staggering growth led us to a issue: Who are these new actual estate electrical power gamers and how are they driving the current market in 2021? Thanks to data compiled by WealthEngine, Prosperity-X and The Institute for Luxurious Residence Promoting, our team at Coldwell Banker World wide Luxury has just released “A Glance at Wealth 2021: Real Estate’s…