3 THINGS TO KNOW... About the High Net Worth (HNW) Population and Atlanta

3 THINGS TO KNOW about the Atlanta Residential Real Estate Market

3 THINGS TO KNOW... About the High Net Worth (HNW) Population and Atlanta
1) How is HNW (high net worth) defined and how many people in the world meet the definition.
There is HNW, VHNW, UHNW.
That's High Net Worth, Very High Net Worth, and Ultra High Net Worth.
An HNW (high net worth) individual has a net worth between $1,000,000 and $5,000,000
A VHNW (very high net worth) individual has a net worth between $5,000,000 and $30,000,000)
A UHNW (ultra-high net worth) individual has a net worth of over $30,000,000
of the 7,8 billion people in the world:
22,593,780 are HNW
2,694480 are VHNW
293,120 are UHNW
2) What are the top VHNW cities?
New York
Tokyo
Los Angelos
Hong Kong
Chicago
San Francisco
Washington DC
Paris
Boston
Dallas
3) What it means for the Atlanta home market?
Of the top 10 VHNW cities, 7 are in the US. The top 6 of the 7 US cities are major 'feeder markets' to Atlanta....
Prices, Value and Opportunity continue to grow in Atlanta.
For home buyers and sellers this is changing the game and how to get the right home and the right terms without sabotaging your purchase. It's paramount to have the right team of experts by your side.
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