Thursday, November 22, 2007

Ultra-luxury Real Estate Market En Fuego In Boston

Banker & Tradesman says the ultra-luxury real estate market is red-hot, these days.A total of 81 condos with price tags of $2 million or more were sold through October, 37 percent higher than the same period in 2006. Sales are even more brisk than the same months in 2005, when the Bay State housing market hit its peak, according to statistics from The Warren Group, parent company of Banker & Tradesman.One of the interesting parts of this what it means about the suburban real estate market, as well.Presumably, those who are buying in Boston had to sel[...]

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[Source: The Money Blogs]

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