Although the weather isn’t heating up in the Twin Cities, the housing market certainly is! So what’s fueling the ongoing market recovery? First, tightened inventory levels combined with strong demand are fueling price gains in many areas. Second, consumer demand is shifting from distressed properties to conventional homes. Third, record-low mortgage rates and rising rents [...]
Wade is a member of the prestigious Institute for Luxury Home Marketing and has 14 years of experience in the top 10% of the market.
Recognized as the mark of accomplishment in luxury markets around the world and the official luxury designation of many national and international brands, the Certified Luxury Home Marketing Specialist® (CLHMS) designation [...]
Research over the last three years of single family residential home sales in Woodbury shows a positive sign for the luxury market. Homes with a price greater than $700,000 have nearly doubled since 2010! While homes sold between $500,000 and $699,000 have remained about the same with 38 sales in 2010 and 35 sales in [...]
What is the starting price for a luxury home in your market?
WH – Compared to the West Metro, I think the East Metro is a bit more affordable when it comes to “luxury”. I would consider a home priced over $500,000 to be high-end in this area.
How would you describe the pulse of the luxury [...]
Marketing luxury properties is all about identifying the key characteristics that make a home unique, finding the home’s story, and telling that story to the right prospects. Most agents take the cookie-cutter mass marketing approach with a luxury property. This is very ineffective and a waste of time and money. Targeted lifestyle marketing helps to [...]