Douglas Eliman Real Estate, Noble Black, highlights the contributing factors that cause a high sales of luxury homes in New York City and whether the return to the office plays a role.
A report issued by ColdWell Bank Real Estate revealed.
The company said in it.2025 Mid -year report“More than half of more than 200 was included in Coldueel Banker, specialist in luxury real estate, reported an increase in wealthy buyers to buy homes with money.
About 34.1 % said that there is a “slight increase” while 16.6 % said that there is a “significant” increase in this method.
To help strengthen themselves in home ownership, some buyers resort to illiterate and father banks to help joint signing, payments or entire real estate. (Istock / Getty Images / Istock)
Mortgage rates I played in increasing buyers who pay money to acquire homes, according to the National Association for the Great Economic Real Estate Brigade and Vice President of Research, Lawrence Yun.
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He told Fox Business: “The high mortgage rates are not attractive to borrowing, and therefore, this drives the wealthy to pay all the money for real estate (after selling a few of their assets).”
Many have turned into personal savings, stocks or money they recorded from selling another property as the “main” way to make luxury homes, according to the ColdWell Banker real estate report.
Meanwhile, for 45.4 % of specialists, cash purchases have remained at their current levels so far this year, according to the report.
On the other hand, only 3.9 % of luxury real estate specialists at ColdWell Banker have indicated that their customers are moving from buying homes through ColdWell Banker deals.
This trend comes in cash purchases, as about 68 % of the ColdWell Banker agents said that the buyers of the wealthy homes with whom they “keep – or increasing – current real estate exposure.”
“We had A lot of fluctuations Along with economic and geopolitical uncertainty this year. “There was a lot of transition, and this has already turned into many wealthy buyers towards real estate,” said Gina Stover, a Florida -based broker and a global real estate consultant for Sotheby’s International Realty.
A mark is offered for sale in front of a house in Washington, DC, on March 14, 2022. (Stefani Reynolds / AFP via Getty Images / Getty Images)
“Real estate proves themselves as the origin of the fight against the wound,” she added. “Unlike many investments that are struggling in the uncertainty, real estate tends to enhance them over time and remains one of the best long -term hedges against inflation. For this reason, many smart investors and buyers of high value are doing their money in property this year. They use it to maintain their wealth and develop their wealth.”
While wealthy buyers are committed to their rifles when it comes to what they want from home, ColdWell Banker Real Estate also said they are “strategists on their purchases and give priority to the aspects of the home that create value on aesthetic perfection” such as the ability to withstand costs, taxes, and investment capabilities.
This can lead to an increase in “smart buyers” that focus on “discrimination and strategy rather than pure leniency”, according to the report.
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The report also sheds light on how to buy highly pure value of more than $ 30 million in assets and “ambitious buyer”, which is worth 1-5 million dollars, participating in the luxury real estate market.
Some in the last category, faced with Economic uncertaintyThey approach the market with caution, according to the report.
Michael Alita, Vice President of Coldueel Banker, the luxurious world, said in the report that Luxurious “Continued to show strength” in 2025, but the various factors “relieved a full recovery in market activity.”
The Luxury Home Marketing Data Institute showed a 1.7 % increase in sales Luxurious individual family homes In the period that extends to January to the end of May of those seen in the same time frame last year and an increase of 1.8 % in selling prices, according to ColdWell Banker Real Estate.
The real estate brand “sold with multiple offers” indicates near the house that has been purchased to the hot seller market in a wanted neighborhood. (Istock / Istock)
For luxury property attached, there was a decrease of 8.1 % in sales, but the average treatment price increased by 8.4 % on average.
The report said that both types of real estate witnessed an increase in the offer on an annual basis during the first five months of the year, as the homes of the luxurious individual family published a 19.6 % jump and linked to a 14.8 % increase.
The United States has witnessed active lists of individual family homes, apartments, municipalities, and other types of housing reaching more than a million in May, a level that the country has not climbed since the winter of 2019, according to the Reultor.com report issued in early June.
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