BOATS... BOATS... BOATS

BOATS... BOATS... BOATS
West Palm Beach

Wednesday, March 28, 2012

MILLION DOLLAR HOUSING MARKET SMALL BUT BRISK




The Realtors' Research Division of the National Association of Realtors reports that last year 68,200 residential transactions closed at $1MM or more, about 1.6% of all home sales in 2011.

The $500,000 and above market segment represented 10% of all home sales.

While luxury homes are a small niche, they are generally outperforming the market.

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