All Posts Tagged With: "luxury"
Luxury Homes Wilt On The Market
Luxury homes — those mansions on the hill — are not selling like hotcakes. In fact, such homes are being re-priced with newer and lower values
The Institute for Luxury Home Marketing says that of 40,252 luxury properties available during the past week, the typical price was $1,156,708 and the cost per square foot averaged $324.
Just as [...]
Sellers Drop Prices By $27.4 billion
Foreclosures are impacting the marketplace and even the homes of the rich are going for less these days.
A new study by Trulia says that 23.6 percent of current homes on the market have had at least one price cut and that the reductions are valued at $27.4 billion. The company says “the average price-reduced home has [...]
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