Cash-Rich Buyers Are Propping Up the Luxury Real Estate Market—With the Value Set To Swell to More Than $338 Billion by 2030
While the national housing market continues to struggle with affordability constraints and elevated mortgage rates, the luxury segment is booming, and projected to reach a total value of more than $338 billion by 2030. The domestic residential real estate market is currently valued at roughly $289 billion, but over the next five years, it is expected … Read more