Market for luxury homes selling for around $1.5 million is heating up
Houses in that upper price range have returned to the market, and prospective buyers are more ready and able to snag them. Overall, sales of homes in the price range of $1 million to $2.5 million jumped 28.8 percent from 2012 to 2013, according to Rockville-based multiple-listing service MRIS. Moreover, MRIS data shows a 17.8 percent increase in cumulative new listings priced between $1 million and $2.5 million in 2013, compared with 2012.“The main thing is that everyone is just comfortable in Read more [...]