2 quick sales
/Now pending, and it’s probably a fair assumption that they’re both selling for above-ask.
14 Dawn Harbor Lane, Riverside, $8.495 million, 10 days. Owners paid $6.650 for it in November 2021.
1 Joshua Lane (450 North Street) $7.495 million, 6 days.
This won’t surprise you, but it’s funny (ha-ha) that the Democrats’ Bidenomics has been so kind and done so much for our wealthy.
MONDAY, APRIL 22, 2024
Luxury house sales remain strong while overall market slumps
While the overall housing market continues to struggle with low inventory and higher rates, one sector is booming—luxury homes.
As CNBC reports, sales of luxury homes are increasing while the overall market experiences its downturn. Overall real estate sales fell 4% nationwide in the first quarter, according to Redfin. Yet, luxury real estate sales increased more than 2%, posting their best year-over-year gains in three years.