California Home Sales:
High-End Homes Selling Briskly
California Home Sales - High-End Homes One Of The More Active Contributors To Market
Even though inventory is down in the California Home Sales market, high-end homes ... with prices falling between the $1 million to $2 million range ... are selling at a quicker pace than most of the rest of the market.
Here's a report by Mike Perrault of The Desert Sun, as reprinted in USA Today:
High-end homes selling briskly
"2012 - PALM SPRINGS, Calif. — Though housing inventory is down across the country, high-end homes are seeing a resurgence in many markets. Part of the reason: Owners have decided to accept less than they originally wanted for their properties ..."
http://www.usatoday.com/story/money/business/2012/11/26/real-estate-multimillion-dollar-home-sales/1727133/
Sellers Come To Grips With Reality Of The
California Home Sales Market
One of the most difficult things for a Seller to do is to actually come to grips with the reality of the California Home Sales market. It can be a strenuous exercise for the owner of a property to bridge that mental gap between what he believes his property is "worth", and what an informed buyer will pay. It seems, from this report, that high-end sellers are currently becoming more mentally "in line" with the actualities of the California Home Sales market.
California Home Sales.
