Who Buys Luxury Homes in 2007?
RE/MAX PREVIEWS INTERNATIONAL SURVEY OF PROPERTY SPECIALISTS REVEALS THAT NEW MONEY IS DRIVING LUXURY HOME SALES [List your home with Previews] PARSIPPANY, N.J., (Feb. 1, 2007) Hard work does pay off, especially when it comes to homeownership. According to a recent online survey of 683 RE/MAX Previews International property specialists, 96 percent reported that their customers who buy multi-million dollar homes are self-made millionaires with new money. When asked for the top professions of their customers, the respondents indicated that 88 percent are business or corporate executives; 37 percent are physicians; 31 percent are lawyers; 30 percent are in finance; and, 14 percent are entertainers, entertainment executives or professional athletes. Much has been made about what can be found inside the extravagant luxury homes that we see in affluent communities across the nation, says Charlie Young, senior vice president, marketing, RE/MAX Real Estate Corporation. But we wanted to learn m
