By Joe Szabo, Scottsdale Real Estate Team
“A Rose by any Other Name”, is Not Just a Rose. And, a house is not just a house. The luxury home market is truly unlike any other real estate market. Real estate is not simply real estate when the buyers are looking for something other than a solid roof overhead and a piece of property to call their own.
For one thing, people who are investing in luxury homes now are, predominantly, not affected by the rising interest rates—something other home buyers will be considering. The country’s luxury home buyers are not being impacted by interest rate increases, and many state they will continue buying luxury items for their homes. As a matter of fact the luxury market is doing very well, and there has only been a slight lowering of sales on the lower end luxury market.
People buying luxury homes are looking for something a cut above. They want the amenities in the home to reflect the leisurely lifestyle they are living. Some of the top features desired in luxury homes are: Security systems, gourmet or designer kitchens, and home theaters, which can seat six or more, and wine cellars.
Please note that this Scottsdale Real Estate Blog is for informational purposes and not intended to take the place of a licensed Scottsdale Real Estate Agent. The Szabo Group offers first class real estate services to clients in the Scottsdale Greater Phoenix Metropolitan Area in the buying and selling of Luxury homes in Arizona. Award winning Realtors and Re/MAX top producers and best real estate agent for Luxury Homes in Scottsdale, The Szabo group delivers experience, knowledge, dedication and proven results. Contact Joe Szabo at 480.688.2020, [email protected] or visit www.scottsdalerealestateteam.com to find out more about Scottsdale Homes for Sale and Estates for Sale in Scottsdale and to search the Scottsdale MLS for Scottsdale Home Listings.