Q2 luxury real estate: Time on market to increase for luxury listings

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Agents and brokers will have to be more creative in marketing and pricing, leveling with sellers that luxury housing demand is returning to pre-pandemic levels.

Even investors in properties across the U.S. and world may start offloading properties, adding to the glut in the market.

Should the House of Representatives and the Senate switch to another party's control in November, that outcome puts paid to President Biden's domestic agenda for the rest of his term.

 

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