Texas is top of the lists
Texas is on the lead when it comes to luxury homes sales growth in the United States, according to the most recent Luxury Market Report from Coldwell Banker Previews. The report stated that the city saw a 32% increase with 694 million-dollar homes being sold. The growth is due to the city‘s expansion in technology, entertainment and education.
Fort Lauderdale, Florida, ranked second with a 31% growth and 789 million-dollar houses being sold, followed by Seattle (30%) and Atlanta (21%).
New York excelled regarding the total number of high-end sales with a final amount of 7,445 million-dollar homes sold last year.
Texas was also considered an ideal place for first time-buyers according to a ranking released by personal finance site WalletHub. Factors such as affordability, the health of the real estate market and city livability were considered.