'Old money' behind prestige properties surge: agents - Brisbane Times
Brisbane families with "old money" are behind a surge in prestige property sales, agents say. Despite the fallout in the high-end market from last year, 2010 is proving to be a busy year for those purchasing multi-million dollar homes. According to
Hold On to That Mansion: Values of Priciest Homes Keep - Daily Finance
Several years ago, these buyers would have likely been in the market for $20 million homes. "I know is sounds odd, but these buyers are trading down to the next tier of million-dollar properties," he says.
Homearama comes to town - Suffolk News-Herald
Over the last several years, we’ve gotten away from multi-million dollar showcase homes and scaled things back to suit the economy we’re in right now,” Halprin said. “People don’t have to just dream anymore. They can buy.”
Friday, May 7, 2010
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