Following years of increasing employment and wealth driving up rent and property prices in San Francisco and surrounding cities, demand for
luxury housing appears to be on the decline and housing and condo price appreciation have «basically plateaued,» according to Paragon Real Estate Group.
Not exact matches
«Based on preliminary data, it
appears that accepted - offer activity in May for
luxury houses was very strong, possibly even exceeding levels of Spring 2015, suggesting that buyers took advantage of the greater selection of listings to jump in.
At the same time that a glut in apartment / condo buildings is
appearing everywhere, the
luxury high - end market is falling apart as well, the latter of which was also a leading feature of the demise of the big
housing bubble.
Andrew, on the other hand, has often
appeared callow and controlling: He drove a Jaguar with AMC ESQ plates; he ordered up 30,000 copies of a 150 - page brochure on his
Housing and Urban Development (HUD) tenure; and after a disastrous 2002 run for governor, he went to work for a developer he had investigated at HUD, raking in $ 2.5 million over three years helping to build
luxury marinas, of all things.
The post
Luxury Real Estate Lags Behind Mainstream
Housing appeared first on Think Realty A Real Estate of Mind.
The post My overnight stay at Neven Maguire's MacNean
House, Cavan
appeared first on Dear Passerby An affordable
luxury travel blog from Ireland.
As the author of the prestigious Accredited
Luxury Home Specialist Designation (ALHS) and three bestselling books including Sell Your Home in Any Market Jim has
appeared on numerous television and radio programs and been interviewed on CNN's Open
House.