Highlights of the Article:
1. Luxury real estate market is thriving while the rest of the market is struggling with higher rates and low inventory.
2. Luxury real estate sales increased more than 2% in the first quarter, showing the best year-over-year gains in three years.
3. Affluent and wealthy buyers are driving the luxury market, with nearly half of all luxury homes being bought with all cash in the quarter.
Summary:
Editorial content by Sierra Knightley
