luxury buyers

The top 7 amenities luxury homebuyers want in 2024

Luxury homebuyers are willing to pay top dollar for the amenities they want, but they’re very selective, Realtor Jonathan Pressman writes. Here are the most sought-after amenities this year.

As luxury home prices soared to an all-time high in Q2 2024, according to Redfin, high-end buyers were active, paying little mind to relatively higher interest rates.

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The DNA of Luxury: Exploring the World of High-End Property Consumers

“Luxury” doesn’t mean the same thing to every buyer. Perhaps it is the location, amenities, architectural design, exclusivity or sustainability offered by a particular home or community. The definition may vary also across regions and markets or even one’s social status. The concept of luxury is vast, which means agents need to understand it’s variety to be able to serve clients successfully. Let’s dig into the niche and explore.

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Exploring 2024 Trends In Global Wealth And The Luxury Market

Global wealth is on the upswing following a post-pandemic fall, billionaires have bounced back from 2022’s net loss of $1.4 trillion, and the global luxury market was projected to hit $1.6 trillion in 2023, a new high.

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