Great Prospects For A Real Estate Investor

Real Estate InvestorIn the face of the difficulties faced by economies worldwide, we have to take cognizance of the urgency of looking for sound investment prospects for a real estate investor.

Most would obviously avoid real estate investment prospects like a bubonic plague. However, seasoned investors are actually excited about the latest leading economic indicators that points to a definite windfall in the real estate sector.

Emerging Trends in Real Estate Business

The reason that most of us are doubtful of any prospects emerging in the real estate sector is the fact that it has triggered this economic turmoil that we are suffering right now.

When the real estate bubble burst a couple of years ago, it led to a series of turbulent shockwaves that rocked the very foundations of the US economy. Most see the sector in total ruin with no apparent hopefuls in sight.

There is actually a silver lining to all the debacles that real estate has been experiencing. Amidst the sub-prime issues, real estate mortgage defaults and liquidity and bankruptcy issues, we see one emerging investment hopeful. This we have to take advantage of, as it will be a hot item very soon!

It is an accepted fact that during economic recessions and meltdowns, real estate assets are undervalued. However, it is the kind of asset that leads in appreciation every time the cycle recovers and makes a rebound. It is one of the safest forms of assets. Cashing in on real estate properties at this stage would surely pay dividends as you purchase prime properties way below their real values.

Further, amidst the dips in the stock market, we see the erosion of our wealth. The stock market would not be an attractive investment opportunity at this time. In order to preserve the value of wealth, the best option for real estate investor is to cash in on prime properties.

These two-tiered beneficial effects are the strong arguments for a real estate investor to continue to keep their faith on real estate investment properties.

There is more to it than these two acknowledged beneficial effects. A real estate investor stands to earn huge profits if he makes his move now and engages in a buying binge!

A real estate investor should closely watch the emerging trends in space rentals. There is a clear indication of good investment opportunities for a real estate investor. Due to the downtrend in home buying and coupled with the high incidence of mortgage home foreclosures, there is now a sudden increase in the demand for rented space.

A real estate investor with equity must take advantage of this opportunity as it would immediately lead to significant profits even in the short term. As the market forces increase rental rates, buying prime real estate properties at amazingly low prices would be an extremely attractive investment prospect for the real estate investors.

The good news does not end there. This investment opportunity gives the opportunity for the real estate investor to assume enviable and strong position to gain even greater profits once the economy makes a comeback.

The concurrent economic indicator of this event would be the increase in value of these prime real estate properties.

This is the main reason why a seasoned real estate investor is buying real estate property like there is no tomorrow.

Making Big Bucks In Real Estate IRA

Big BucksRetirees and pensioners can join in the action that is happening in the playing field called real estate investment.

Most of us have been witness to the tragic events in the stock market and other fund management investment options. We watch helplessly as interest rates plunge to record lows. A growing number, however, are rediscovering another investment prospect; and that is real estate IRA. Real estate

IRA involves buying in real estate properties; from undeveloped tracts of land to homes, and even large commercial buildings.

Critical Issues About Real Estate IRA

However, one should be very careful with real estate IRA. This business prospect is littered with financial “mines.” A single misstep can cause serious financial setback and damage. The game is played with very complicated rules and the risks are high. A simple miscalculation may lead to the forfeiture of your tax-deferred status.

It is important that you are properly guided with your real estate IRA as

it is important that you avoid committing mistakes and end up doing more harm than good. When you are exploring possible real estate IRA options, most IRA experts are recommending real estate investment trusts. The present limitations of real estate IRA simply result to the forfeiture of you tax incentives by merely owning a real estate property.

Under this setup, you can’t make claims for exemptions on mortgage interests and property taxes, and even on depreciation of your property.

Under the traditional real estate IRA, profits are classified as ordinary income that is subject to taxation. Another critical issue of real estate

IRA is on the requisite for the IRA having sufficient cash buffer to cover expenses related to management fees, taxes and maintenance. All of these expenses and other expense items of the same nature are paid for by the IRA.

This, however, should not discourage those who are seriously considering real estate IRA. We have to be clear about it, lest it might be misconstrued that it is not wise to try real estate IRA. The potentials to parlay big earnings in a real estate IRA are simply enormous. What needs to be done to gain this benefit is to do things the right way. We could learn some important tips from the success stories of those who have been there already and came out big winners. One of the common denominators for all these success stories is that they have invested a lot of effort preparing for their real estate IRA investments.

For instance, you have to find the right property to buy. You are not allowed to use your IRA to purchase your own house or vacation home.

Further, you have to assign a custodian for your IRA that would allow real estate IRA. Looking for a mutual fund company or a local bank would not be helpful, as there are just a handful of custodians who can handle real estate IRA. You can start your search for these types of IRA custodians on the Web.

We should always remember that the key to success in real estate IRA is by knowing the right things related to this investment prospect and doing it the right way.

Real Estate Groups – Quick Tips To Choose The Perfect Real Estate Groups

Real Estate Groups

Are you looking for your perfect dream home and you have too many real estate groups approaching you with alluring deals? Are you unable to decide on any one real estate group or agent to work in tandem with? Read on to determine the perfect real estate groups that will help you seek the home of your dreams well within your budget and without any legal complexities. Here are a few tips that you must keep in mind when hiring real estate groups.

Finding a real estate group to assist you in your life’s most important purchase may not be tough; but to find a great real estate group is definitely a tough job. So, while you may be confident of striking a very good deal since the customer has an upper hand at present, do be careful of fake real estate agents or groups.

Look for authentic and notable real estate groups through your friends and ask for recommendations. Make sure they are authentic and have good experience in the kind of property you are looking for. Certainly look for credibility.

One can look for credibility through reviews, forum, articles on internet or simply by enquiring about them to friends and acquaintances. Ask them for their honest opinion. You must get a feed back on customer care and service as well. A good group should be able to give you great customer service all around. They should be able to honor your timings and availability.

Do not be in a hurry to settle on your real estate group. Take time to talk to them and get to know them. If they do not appeal to you or you are not absolutely satisfied with your meeting, simply contact another group.

Remember, in the real estate industry a lot of marketing and integrity is dependent on word of mouth and relationships. Your agent will make sure that he or she does an amazing job for you. This will only help his business grow further through recommendations.

Look for a group that understands your requirements and do not try to sell or thrust properties they want you to buy. Most real estate groups are under intense pressure and stress to sell in a slow economy like the present. This is a very important aspect. Be careful.

The real estate group you choose should be able to give you a complete and intense guidance on all aspects such as the pricing, the legal issues and to certain extent even the home loan. You should be looking for a complete package so that you do not have to run to other experts for direction.

There are many great real estate groups that will provide you with end to end specialized service. Just look around you and a little online and offline research will surely get you wonderful and faultless real estate groups that will help you purchase your dream home!

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Using Visionary Thinking To Take Your Real Estate Business To New Heights

Real Estate BusinessAre you a visionary thinker? Do you look at the “big picture” of your real estate business and try to see how everything relates to the success of your business? Visionary thinking goes beyond just daydreaming. It embraces deep thinking, the working out of issues and planning for the future. And visionary thinking can bring your real estate business the success you have dreamed of.

First, look for signs of change. How do your real estate colleagues react to the market changes? Do they hunker down and get stingy with their marketing dollars? Do they jump ship altogether? Or do they re-focus their business and look forward to the future?

Look around and identify changes in real estate professionals and how they weather the ups and downs in the real estate market. If you see those changes and react properly, filling in the voids left by those real estate agents who stunt their marketing efforts in fear and embracing change within your real estate business, you set yourself up for your immediate future success!

In fact, you can ask yourself questions that will envision the future:

– What do my current customers need from me in light of today’s real estate market?

– What can I do to help prepare my clients for the coming changes in the real estate market?

– How do I see myself helping people in real estate in X years?

– Am I receiving honest feedback from my clients and using it to better my real estate business?

– How else can I embrace technological developments and implement that within my real estate business in a way to benefit me and my clients?

Think you know everything about real estate? Whether you’ve been in the business 2 years or 20, there is always something new to learn. A visionary wants to learn, to continually educate herself on the industry. Everything from legal procedures to possible ethical dilemmas, you should stay educated about the real estate world and you can do this in different ways. Read real estate related periodicals.

Peruse real estate online news sites. Network with real estate colleagues on message boards and blogs all over the world. Yes, a real estate agent halfway across the world may just shed the light on a subject that you’ve never even thought of…and may just spark the idea that could lead to a revolutionary marketing strategy for your geographical area.

Also, think contrary. Maybe you shouldn’t do the exact opposite of what your competition is doing, but you can think about what you can do that is contrary to the typical response. Avoid the norm. Embrace the different.

Next, build a team. Don’t just go through real estate flying solo. Think to your future business. How can you possibly handle it all? Even if you’re not in the position to hire a buyer’s agent or a listing specialist right now, you can still align yourself with various professionals across industries who can help you build your real estate business and brand. Who can you ally yourself with and create a team mentality?

– Graphic designer for logo, marketing materials, etc.

– Web designer (may be one in the same as graphic designer)

– Marketing assistant for development of marketing materials, distribution of materials and more

– House cleaner

– Stager

– Home Decorator

– Architect

– Carpenter

As you build your team, try to think who can help you and who would be a forward thinker. You want team members to have similar ideals and vision.

Identify potential risks within your real estate business. Do you have a marketing plan in place? Are you reviewing your marketing successes and failures and learning from them? Ask yourself some tough questions. This isn’t a moment to shirk from something that could be hazardous to the success of your real estate business at some point down the line.

Lastly, keep lines of communication open. Communication is key with visionary thinking. You don’t live and work in a bubble. You need to communicate with your real estate broker to stay on top of the broker’s plans for the future. It wouldn’t help your real estate business to be blindsided by some changes made by your broker that you were not aware of.

You also want to keep in contact with your clients, no matter how far off you think their needs are. Visionary thinkers plan for their clients’ future needs and anticipate those needs. By staying in communication with clients you make it easy for them to work with you years down the road, or earlier if plans change.

Investing In Real Estate Made Easy

Real Estate InvestmentTo own a home is still many people’s dream in today’s world. As the times have been going, many people have tried their luck in various investments, major among them being real estate investment. In present times, real estate investment has grown into a big field and the homes being built are even more diverse as many contractors try to make more comfortable places for people to live.

Despite the boom in real estate investment, a lot of people are still very much reluctant to join in as real estate investors for they do not quite understand the aspect surrounding real estate investment. But looking at real estate investment, as a business opportunity brings light into the whole aspect of real estate for one will be in the position to look at it in terms of; generation of rental income, collateral in the acquisition of a loan, in the event you need to offset taxable income or just from the point of resale profits gained.

Going into real estate investment can guarantee great significance with minimal risk involved, provided, one is able to understand the fundamentals that surround the real estate. A common example of a real estate investor is one with ownership of a couple of real estates where by he resides in one of his houses while the rest he rents them out to tenants and from the tenants is where he accumulates his/her income. There is also the aspect of price appreciation in the value of land or even homes in one way or another paving way for major capital gains.

With the ever advancing internet technology, now real estate investors can easily check out various real estate investment opportunities while also getting access to articles which are very handy in terms of giving out tips and strategies concerning investments.

Growth in the real estate investment can be attributed to the low rates being charged for mortgages even though real estate properties have been on the rise in big cities and towns in terms of value. The major factor which you should carefully look at though is the equity, which is the deference that is available between the whole amount that you will need to pay for your mortgage and the actual value of the property.

On various occasions in the world, introduction of tax breaks has greatly assisted most real estate investors to get into investments and what many people so as risky in terms of the capital invested has now turned out to be a great cash cow.

True success in real estate comes when one finally understands how to utilize the income from the property, in covering the maintenance costs of the property as well as ensuring that one gets some return either for reinvesting or saving.

Charlotte Country Club Living In Providence And Piper Glen Country Clubs Of Nc

In this article, were going to have a look at not one, but two of Charlottes finest country clubs. These are set inside a ten minute drive of one another, and they are in the south side of Charlotte, NC. The country clubs we’re going to explore are Providence Country Club, and The Piper Glen Country Club. We will start out with the Providence Country Club.

Providence Country Club began in 1989. It is famous for its spacious yards and magnificent properties. The Providence Country Clubhouse is a grand structure of Georgian style, offering personal conference rooms, the Carolina Ballroom, dining room, lounge, fitness center and Pro Shops for Tennis and Golf fanatics. This is a very dynamic organization with the help of pros and clinics readily available for golf, tennis and swimming-instructing the novice athlete to the highly skilled sportsman.

Club membership includes the Dan Maples 18 hole golf course, 12 clay tennis courts, and three swimming pools: an impressive 10 lane competition pool; Junior Olympic pool and wading pool. Nearby, the handy Turn House Grill offers a variety of food and snacks. Property owners aren’t forced to be a part of the Providence Country Club, yet those that do not, still pay HOA fees of about $450 per year. Social gatherings inside the neighborhood include things like the 4th of July Fireworks; Music on the Lawn, along with a variety of sports oriented camps and pool parties.

Providence Country Club households can be found in a large selection of models and pricing. There is a mixture of single family homes, semi-custom homes and custom homes in the neighborhood with prices that vary from $400,000 to $1M.

By comparison, youll discover quite a few divine homes throughout the Piper Glen Country Club. Gorgeous custom homes sculpted into the rolling terrain. This is home to the TPC at Piper Glen. The magnificent 35,000 square ft clubhouse sits high upon one of many hillsides overlooking the course and lakes. The club house has both casual and fine dining rooms, in addition to banquet and exclusive meeting spaces. Full service locker rooms along with club storage are on site. Plus, it has an award winning Golf Shop. Piper Glen features eight lighted clay tennis courts, and a Junior Olympic sized swimming pool.

The estate sized homes provide an average square footage of 4500-5500 and an average price of $1.5 Million. The full range of homes is noticeably different with an average living area between 3000 to 9000 sq. ft and prices going up to just under $4 Million.

If this is more home than you want to handle, but you love the country club approach to life displayed here, then, by all means, have a look at these pocket communities to be found within Piper Glen:

The Ninth at Piper Glen provides three level townhomes brimming with style, some looking over the greens and the clubhouse. The measurements for the townhouses in here will average between 2000 and 2400 sq ft and prices around $300K.

Greenhurst at Piper Glen delivers full brick one level homes with average heated living area of 1200 to 1500 sq ft; with prices which range from $200K to $250K. The home-owner association dues in this area covers trash, water/sewer, insurance, lawn and landscape maintenance, the upkeep of the community common areas, swimming pool, clubhouse, plus an exercise room. It is a gated community with 24/7 security services.

Carriage Homes at Keswick in Piper Glen have attractive townhouses with average heated living area is between 3,000-4,500 square feet with prices which will vary from $350K-$450K; within walking distance of The Shoppes at Piper Glen. These are hardly ever available for sale.

The Greens at Piper Glen provide high quality homes on sleek and stylish lots, with, lawn care including grass mowing, given by the HOA. Your common living space is between 3000 and 4000 sq. ft, many with master suites on the main level. Home prices will cover anything from $400,000 to $600,000. This is also a secure gated community within Piper Glen.

This area in south Charlotte has more shopping then you can imagine. You’ll have access to several shopping centers featuring stores like Target, fantastic restaurants, sports cafes, fitness centers, financial institutions, grocers, movies etc.

There are also a number of other golf courses in the area, which we will be highlighting along the way. Charlotte NC is a golfing region due to the fine weather it so often has along with its beautiful terrain.

Investment In Properties In Jodhpur

Balaji Properties, As real estate agent, has a vast portfolio to offer Buy property Sell Property, For both office and homes, a large number of quality listings in the preferred areas of Pal road, jodhpur Kheteshwar nagar, vaishali township, anand vihar, roop rajat township, mahaveer vatika, shanti villa, Rameshwar nagar, bajrang vihar and more other prime location of jodhpur.

Company gives you detailed info on Jodhpur property market and list the leading real estate agents in Jodhpur for your reference.

We deals with populer builders like Parsvnath, Ansal API, Vaishali Builders, Rooprajat Builders, Aayushi Builders many more are developing major residential and commercial property in Jodhpur. With the positive growth of the market, the property prices in Jodhpur are bound to rise further and thus fetch high capital returns for any property investment in Jodhpur. As the lifestyle of people is changing with increased per capital income across the nation, there is clear uplift of the upcoming Jodhpur commercial and residential properties.

Balaji properties involves in Real Estate Property Dealing for Buying Property, Selling Property, Investing in India, Rental Properties for Sale, Joint Ventures, Collaborations. Specialists in Expatriate housing. Commercial property – long term, short term, buys & sells. Homes, offices, shops, residential, Commercial, Land, Development projects, Retail shops in flourishing markets, Investments, Schools, Colleges, Plantations, Hotels, New homes. Fast find suitable property at right price. Buy home in Jodhpur. Sell property through us. Office Lease, Large spaces Commercial property rentals, Buy property, Representational Residences, houses. We help you to quickly locate good quality real estate – Residence, Home, Apartment or an office, Industrial land, Buy land around Jodhpur.

If you are thinking of investing in real estate sector than investment in jodhpur real estate is a excellent option.Balaji Proeperties in Jodhpur has flourished in business due the rapid increase in both real estate developments or property listings and property prices on the whole. The entire real estate market in Jodhpur have been given a more professional outlook. Thus, Balaji Properties in Jodhpur has also increased thereby compelling to introduce newer service packages aiming at complete customer satisfaction in purchase and sell properties.

Book Affordable Housing Options in Noida & Noida Extension – AtnInfratech

NCR is the hub of property investments. Residential, commercial or multi-dimensional, real estate is the hottest investments here. In NCR; Noida, Noida Extension & Greater Noida are premium priced real estate location offering abundant properties to choose from. There are flats, apartments, villas which are affordable houses in options of 1/2/3/4 BHK.

Residential projects in these areas are located in the prime and elite residing locations because of their proximity to the city of Delhi and great connectivity via NH-24, DND flyover and Yamuna Expressways. Noida authority is responsible for the state-of-art amenities and other social and physical infrastructure facilities. 24 hours water supply, power back up, 130 m road and security are some features. Metro rail has connected it to Delhi and even Gurgaon. The proposed network will further add to the easy commuting. The city is developing in every way as there are international institutions of education, world class medical care, hospitality and entertainment added with employment as MNCS & IT industry is stetting up offices here.

Investments are feasible in these locations as they provide no pre emi scheme in low cost flats in Noida & Noida Extension which makes paying for these apartments more affordable. The personal buildings being provided come along with all the outstanding features, convenience and ultra luxury. These tasks provide super stylish houses with contemporary architectures and fashionable decorations also they are based on Natural home concepts and have IGBC documentation. The township provide arranged parking areas, wonderful scenery and water fountains, VRV conditioning, fully Wi-Fi buildings, protection with CCTV monitoring with manual staff, multi-purpose courts, swimming pool area, yoga pavilion, gym, club house, tennis court, jogging and cycling pathway, parks and play areas and much more.

Residential projects in Noida, Noida Extension and suburban areas of NCR provide all the splendid luxuries and convenience of modern day residing and the buildings provide great protection with upgraded technologies. These qualities and personal buildings have a key feature of providing people environments as these have around 70% lavish green areas that are well laid out and designed with wonderful scenery with spectacular opinions. Apart from all the features and facilities provided the apartments come with high-end requirements and quality designs that use eco-friendly techniques. The town-ships come approved with all the documentation and mortgage approvals for legitimate qualities. The houses also have eco-friendly conditions such as rain water harvesting, LED lights, residential solar panels, waste disposal and management and much more.

When you are investing in housing deal of Noida or affordable residential property Noida extension you get luxury affordable homes with all comforts. Book now and make your dream to own homes of luxury in reality.

Real Estate Seattle Investors Doing Well

Consult a knowledgeable lawyer who is savvy about the legal aspects of your local property market.

The kind of profit one can make on the sale of a property in current use depends on the age and state of the property, its location and its inherent value on the market. As a result CNNMoney.com expects local home values to increase by 3.8 percent by the end of 2011. A residence purchased five or ten years ago will have appreciated in value for the simple reason that property rates are constantly increasing.ng.

With prices low, rates even lower and the huge inventory of homes on the market some investors are capitalizing on the real estate Seattle market. A more rewarding option is the outright sale of the property. That number will exceeds the previous foreclosure rate record set in 2009. Of course, the price a second-sale property will fetch will also depend on whether or not it is well maintained, the facilities it offers, the area it is located in, etc.

The cost that this involves would have to be adjusted in the final amount.

Such individuals seek to make a percentage of profit on properties that they are themselves currently occupying. Till the date of actual completion, rates will tend to be on the rational. Investors need to do their homework and gain sufficient knowledge of current real estate Seattle trends. Plunging headlong into property investment without a proper understanding of what you hope to achieve is not a good idea.

A ‘readymade’ property bought for the purpose of investment will have to be given sufficient time to appreciate in value. Such investors buy property for the exclusive purpose of making a profit from it, and do not utilize the estate personally. * Location is everything. Luckily CNNMoney.com has spotted some life preservers in an otherwise murky sea of real estate opportunity. It is the desire to find work that is fueling the trend of relocating to The Emerald City. However, since certain dynamics of the property market remain constant, a profit is still possible. Property investments are also done in non-developed or partially developed land.

There are chances of a loss if you don’t have an accurate idea of the state of the property market – and the changing values of your investment. Property investors fall into two broad categories, and we’ll discuss both of them briefly:

* It is always more profitable to invest in properties under construction or still in the planning stage. According to the source the following cities stand the best chances of recovery compared to anywhere else in the country. There may also be a need to downgrade on certain expenses such as maintenance costs. If you are interested in hopping on the local real estate Seattle home buying bandwagon, finding the perfect home is just a click away.
If one chooses to invest in residential real estate, the first preference should be towards units that are located on the first floor.

The media has been reporting that by years end more than 1 million properties will be foreclosed. Successful real estate Seattle investments are about a lot more than buying cheap property and selling it at a profit. Pure investors have a better chance of making a profit in their dealings simply because their options are wider. Actual Users

Township properties are your best bet on that score, since they provide all these and more. 2. To begin with, be aware of the odds. If you are utilizing a bank loan in to invest in property, make sure that the ratio of self-finance to the loan amount is supportive of a future profit. There are some bases that need to be covered to reduce the risk factor:

Exclusive Real Estate Investors

Aside from those sad statistics, the average home price is expected to decrease over the next two years across the nation.

Seattle, Washington, Median Home Price $371,000: Real Estate Seattle is not only the northernmost major city in the continental U.S.; the city is also the largest in the entire state. The value of the real estate Seattle property will be even higher if the location is one in current demand. Backed with the right information, you can definitely succeed. This is not to say that real estate Seattle investment is always a chancy proposition. * Real estate Seattle properties available for ready possession – though instantly available – do not allow for much picking and choosing on the above-mentioned points. Since the sale of such a property is usually need-based, the options are reduced drastically.

Nor is it ever a totally risk-free proposition, especially where spurious documentation, faulty judgment, market crashes and other unforeseen circumstances are concerned. Here, the investor has a say in the kind of property he or she wants. They should offer a good view and ventilation and, ideally, the use of a swimming pool, clubhouse and other trendy facilities. Here is a general blueprint for successful investment. They should also be backed by adequate parking facilities. As todays Homes For Sale Seattle list continues to grow with increasing inventory throughout the Real Estate Seattle market, many people have decided to look into purchasing investment properties.

Real Estate Agent Seattle has many real estate resources. Visit www.newhousematch.com

How National Trends in Luxury Real Estate are Impacting Orange County

Recent coverage of the luxury market at events like the National Association of Real Estate Editors conference has highlighted the market’s strong resurgence and steady sales. In fact, statistics from the National Association of Realtors suggest that the luxury market is rebounding from the recession faster that middle market and lower-end properties. All signals point to great news for luxury owners that may be considering a property sale in the near future. If you are contemplating listing a luxury property in the Orange County area, what you learn may surprise you.

What is considered a luxury property is changing: Today, a luxury property in many metropolitan areas begins at about the $4 million dollar price point or more than 3500 square feet of space. In more rural areas, the price point for what is considered a luxury property starts around the $500,000 mark. There is further differentiation regionally and even on a town by town basis. In competitive markets such as Orange County, the prices may be higher than anticipated.

Practical features are coming at a premium: When people are contemplating buying a luxury property, they typically ask fairly standardized questions about luxury amenities. Is the kitchen gourmet? Does the house feature a stunning view? But more and more, luxury Realtors are seeing the importance of what can only be dubbed -practical features.- For example, generators are one key trend throughout the country as more areas are affected by hurricanes, storms, and other inclement weather. More concern has also been show about factors such as privacy, safety, and exterior builds to protect cars and other possessions during weather events. Buyers still want traditional luxury amenities, but it is important that safety and emergency infrastructure has also been addressed at the property level.

Luxury townhomes and condominiums are on the rise nationally: A recent piece in the New York Times highlighted the trend of the growing luxury condominium market. While the piece focuses on the New York market, it underscores a trend that is taking hold nationally. More and more people are looking for luxury-level accommodations with the benefits and flexibility of condominium living. Some luxury home owners are even evaluating whether or not their homes can be divided and sold as condos to maximize profits. The success of this approach depends greatly on the home’s location, zoning laws and overall layout and design.

Lifestyle features are playing an increasing role: Another trend that has been noted is the importance of lifestyle features in luxury property purchases. Lifestyle features could be as simple an inside/outside design that allows more flow between a home’s interior and exterior spaces. In other cases, it is more specific to aspects like waterfront or riverfront property. Many buyers are also looking at factors such as golf course access, high end club houses, and other luxury community amenities.

Non-traditional buyers are entering the pool: While the prospective pool of buyers for luxury properties is more limited than for mid-tier homes, there’s been an increasing diversification within the luxury market. Many owners are finding offers coming from buyers that contemplate transforming the space into retreat centers, upscale boarding schools, and even wineries, thus opening up advertising opportunities for Realtors and owners alike with truly unique properties.

The luxury market is thriving in areas of the country such as Orange County. Staying on top of trends helps sellers to make the right decisions regarding their properties. The first step in the sales process is finding an experienced luxury real estate agent that understands your local market and can guide you through the process.