Blogs Tagged: hi-end

Luxury Sales Bounce Back

Posted On: Sunday, June 6, 2010 - 7:26pm | Posted By:
Topics: Market Statistics

Bidding wars for a $2 million house?  Sales of high-end homes return to levels not seen since the boom according to a recent Wall Street Journal article.

After a near-disastrous 2009, the luxury market appears to be making a comeback, driven by growing buyer confidence, improved financing conditions and more-realistic seller pricing.  Despite the housing downturn, attractively priced homes in some of the nation’s most coveted neighborhoods, including San Francisco, are