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$100 million homes are back!

Rated: , 0 Comments
Total visits: 26
Posted on: 7th Jan 2014

Brokers and real estate analysts say there are now more
than a dozen homes in the US listed or quietly on the
market for $100 million or more. That's believed to
top the number of $100 million-plus listings during the
peak of the housing boom in 2007. "It's the most that
I've ever seen," said Jonathan Miller, president and
CEO of Miller Samuel, a real estate appraisal and
consulting firm. "We're in this special period of time
when nine-digit listings may not be commonplace, but
they're certainly making their presence known." At
this price level, it's not designer kitchens and indoor
pools that lure buyers. It's land�preferably oceanfront
land�and preferably lots of it. Buyers at the very
top end of the real estate market are highly
sophisticated when it comes to price and value.Buyers
are looking for properties that are unique, exclusive
and filled with amenities.

I will see you at the top!

Dan humphrey


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