Wednesday, October 18, 2006

Luxury Home Values at Record High despite Slow Market

Sales at Barratt American's multi-million-dollar neighborhoods continue to climb RISMEDIA, October 17, 2006—In the midst of what some analysts have called a slow Southern California real estate market, luxury home values in San Diego have been on the rise. According to First Republic Bank, San Diego County luxury home values rose by 1.8 percent to an average of $2.41 million in the second quarter of 2006. With high-end home prices holding steady, sales at Barratt American's million-dollar neighborhoods of Amore, Magnolia Estates, Seahaus and Nantucket have continued to climb with 210 homes now sold—many for a million dollars or more.
Now this is another example of real estate news... that didn't make the local news... Does this bother anyone else out there?

Read the entire Article .... and give me your thoughts...

2 comments:

KATHRINA said...

I'M GLAD THAT YOUR FIGHTING THE GOOD FIGHT!!! THANKS FOR THAT :)

Paul Guess said...

Kathrina... get your license... the market is really picking up... and you are going to be a super star!