Luxury Home Market on the Mend


Posted on Oct 06, 2011

"Millionaires took a hit in 2007 and 2008 as the housing and
financial markets cratered, but they are on the way back -
and so is luxury housing. In the nation's top 20 markets, million-dollar property sales rose 18% in 2010 with a 21% increase in California, said Laurie Moore-Moore, CEO of The Institute for Luxury Home Marketing, a Dallas-based firm. Moore-Moore teamed up with Scott Sambucci of San Francisco-based Altos Research on Thursday to host a webinar on the status of the luxury residential real estate market."

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