Luxury Homes in Demand
Signs of Luxury homes are not only appreciating in value for sale, but super high end rentals are showing an increase in demand. The extreme example is a Beverly Hills Estate with 17 bedrooms, 29 bathrooms all on 3.7 acres, offered for lease at $600,000 a month. Considerably higher than the legend Michael Jackson’s lease in Holmby Hills, for $100,000 per month. Buyers demands for buying income units, or homes has increased dramatically.
Good luck in your Real Estate Ventures.
Thanks for Reading,
Gordon Inman
