In Boise too, a market that’s been up-and-coming of late, interest in luxury listings is experiencing a surge. Even as early as April, Deborah Phantana, a Real Estate Agent with Group One Sotheby’s International Realty, said she started to see more luxury buyers coming in from out of state looking for larger homes and access to outdoor space.
Deborah Phantana | Group One Sotheby’s International Realty
“I have more clients than usual that are looking for luxury properties and I think that’s two-fold,” Phantana told Inman. “Not only because they’re coming from out of state, but they’re looking for homes that will work for them better.”
“I would say I’m up 75 percent year-over-year,” Phantana added. “As I reflect on our April market, as numbers were down across the state and nation, I was already seeing an uptick.”
Not only has Phantana seen an increase in luxury market demand, but she’s also seen anxious buyers speeding up their timelines and making all-cash offers regularly.
