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The Report 2024, Top Takeaways

Brian Sperry | January 24, 2024

The Report 2024, Top Takeaways

The Trend Report, published by the Coldwell Banker Global Luxury® program, curates high-net-worth consumer insights generated from a Censuswide survey, along with supporting data from the Institute for Luxury Home Marketing, Wealth-X, and other top experts to uncover the latest luxury home trends driving the market now and in the future.

Shifting Out of Neutral

The luxury housing market got a boost at the end of 2023 as sales for luxury single-family properties and attached properties increased annually. Does this signal growth for 2024?

Have-It-All Properties

Today’s luxury consumers want it all. Which property types will likely check all the boxes for selective buyers this year?

The AI Revolution

What are Generative AI’s potential implications for the future of real estate?

America, the Investment Haven

Contrary to the news headlines, affluent international buyers have not cooled on American real estate, according to the latest stats from Wealth-X, an Altrata Company, and U.K.-based Barton Consulting. Will this trend continue in 2024?

The HENRY Factor

What will HENRYs – “High Earners Not Rich Yet” – do? This is one demographic to watch in 2024.

Smart Homes 2.0.

Consumer lifestyles are shifting and generative AI is taking off. What does this mean for the smart home market over the next few years?

Luxury Market Insights

For the full report click here.

The Report 2024

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Work With Us

Working with the coastal Orange County real estate experts at Brian Sperry Real Estate Group ensures a seamless and successful experience. Specializing in the Newport Beach, Corona Del Mar, and One Ford Road areas, our team of experts brings buyers and sellers together with exceptional service and market expertise.

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