An established business executive, Louis Paolino Jr. has more than three decades of experience in growing public and private companies by using effective acquisition strategies and internal growth initiatives. Today, Louis Paolino Jr. serves as a luxury real estate investor and developer in several eastern US markets.
The luxury real estate market is competitive and expanding. Here is an overview of some of the significant trends that are emerging this year:
- Incorporating aspects of health and wellness into property designs continues in 2018, and the wellness-lifestyle real estate market is expected to grow from $119 to $153 billion by 2020.
- Research demonstrates that buyers prefer properties surrounded with greenery and water and those that provide direct access to fitness facilities, spas, and amenities such as lobby stroller storage, pet spas, and children’s game rooms.
- Smart homes that feature Wi-Fi technology, smart speakers, and devices with artificial intelligence are becoming more common.
- Trends in home decor are moving toward purposefully creating an over-decorated look that incorporates a mixture of patterns and designs.
