The National Association of Gay and Lesbian Real Estate Professionals (NAGLREP), recently surveyed its members to find out what’s going on in real estate concerning LGBT clients
• By a 2:1 margin, those surveyed believe a sizeable number of their LGBT clients will become move up buyers in the near future vs. downsizer, 41% and 20% respectively.
• 27% of members believe a sizeable number of their LGBT clients may soon purchase a second home, while 31% predict an investment home purchase by clients may be on the horizon.
• A majority of those surveyed, 57%, believe a sizeable number of LGBT homeowners will spend more of their discretionary income on their home vs. 55% last year.
• 48% of NALGREP members believe a sizeable number of LGBT homeowners will make major renovations.