Good news for the luxury home market! “Amenity-laden properties at the top of the market continue to command just as lofty prices” according to a Forbes article this week.
“Two of last year’s homes [from their most expensive home list] have been sold–no small feat in a down economy. But neither commanded anything near their sky-high asking prices. The massive Bel Air mansion Le Belvedere, which went on the market in early 2009, was quickly reduced from $85 million to $72 million. The discount worked: It is currently in the escrow stage of a sale for an undisclosed price.”
While most of us are not looking to buy or sell triple-digit million dollar homes, luxury homes are beginning to sell again in our area too. As a member of The Institute for Luxury Home Marketing, I posses the skills and experience necessary to sell your luxury home or help you buy the home of your dreams.
At the very least, it is always fun to look at the fanciest home in America 🙂