Emerging Trends In Luxury Real Estate For 2017
- Dc Fawcett Real Estate Tips
Introduction There have been many shifts in real estate for the year 2017. Increase in home prices, a lack in the labor force, home stress creeping into the minds of many middle class people and so on are some of the trends seen in real estate for 2017. Now, there are some trends specifically relevant to the luxury real estate sphere. In this article, Dc Fawcett reviews emerging trends in luxury real estate for 2017.
Emerging Trends Interest rates Luxury home buyers want perfect homes Colors Exclusive rooms for dogs More luxury homes to be purchased Construction costs increase and home prices too
Interest Rates •
The United States Federal reserve has raised the interest rates .
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since they have predicted betterment in the economy of the United States.
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This will surely impact the luxury real estate market.
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Payments for luxury real estate properties are already heavy and this will further add to their massiveness.
Luxury home buyers want perfect homes •
Non-luxury home buyers just want the major fixes to be done.
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Luxury home buyers have more expectations with respect to the “perfect home” standard.
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There are many advantages in hiring a custom home builder.
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They may want the hall and the dining to be in the ground floor and rooms to be in the first floor.
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Thus, basically, luxury real estate home buyers will want every aspect of the prospective home to be perfect.
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There will a rise in this trend for 2017 and beyond.
Colors Color trends for 2017 include Green : Green is an attractive color and it can be added to the interiors of a luxury home 2017. Earth colors: earthy colors can be added to walls and will contrast well with the green interiors. Lapis blue: Lapis blue will feature majorly in furniture cushions and club chairs Other colors are some super concentrated shades like flame oranges.These colors can be added to the ceilings and are highly noticeable.
Exclusive rooms for dogs This trend has been seen surfacing in luxury homes and will continue for 2017 and later on. Pets need separate rooms. They can be bathed and cleaned there. Heating facilities, showers, dog beds and other crucial amenities for pets are sure to be included in these rooms.
More luxury homes to be purchased • More luxury homes are being purchased in the early part of this year since mortgage rates are expected to increase as 2017 progresses. • Beach houses or water front property is becoming famous.
Conclusion • These are some of the emerging trends in luxury real estate for 2017 and beyond as reviewed by Dc Fawcet. •
Real estate professionals must upgrade their knowledge about luxury real estate and face what is in store for them with ease.