Colorado and Hawaii post the nation’s fastest luxury home price growth

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mountain home

According to Realtor.com, Hawaii and Colorado posted the nation’s fastest luxury price growth, beating out traditional luxury hubs like New York and San Francisco. Luxury home prices increased in Maui by nearly 33 percent, while Eagle County Colorado rose by 31.5 percent.

The National Association of REALTORS® Investment & Vacation Home Buyer’s Survey indicated buyer confidence reporting, “more than 80 percent of vacation buyers think now is a good time to purchase real estate.” Additionally, 23 percent of vacation buyers stated they are likely to purchase an investment property, while 21 percent are very likely to purchase another vacation property in the next two years.

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