Luxury Portfolio Vol. 06 Issue 02 - Arizona Best Real Estate

PROPERTY FEATURE || LUXURY PORTFOLIO INTERNATIONAL ® LIFESTYLE || LUXURY PO TFOLIO INTERNATIONAL ®

SELLING SIGNIFICANT PROPERTIES IN A DYNAMIC GLOBAL MARKETPLACE

As global wealth has continued to increase over time, so too has the demand for luxury properties. While the affluent have always loved luxury real estate, the period between the early 1970s and today has seen a dramatic increase in the number of high-net-worth individuals with a seemingly insatiable appetite

for, interest in and an overall cultural focus on real estate. As their ability to invest in such lifestyle-forward discretionary purchases has increased, the instances of properties priced at $1M USD or more has surged — unlike anything we’ve seen in the past.

Worldwide Personal Wealth Source: Credit Suisse Global Wealth Report, at constant exchange rates

$300

$267

$254

$249

$250

$227

$213

$208

$206

$194

$194

$200

$184

$177

IN USD TRILLIONS

$143

$150

$130

$119

$113 $110

$100 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

YEAR

30 || 30 ||