Million Dollar Home Sales Jump in U.S. as Wealthy Return

"When the real estate market was booming, people sat in Starbucks and talked about how much they paid for a house," said Craig Moe, who in June bought a $1.2 million property discounted 25 percent from its sale six years ago. "Now, they talk about how little they paid and what a bargain they got."

READ THE WHOLE BLOOMBERG ARTICLE HERE: http://www.bloomberg.com/news/2013-08-08/million-dollar-home-sales-jump-in-u-s-as-wealthy-return.html


  • August 09 2013 - MacDonald Ranch
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Answers (2)

Oceanfront homes here that once sold for $3 million are for sale now at $1.6 million and ones that sold for $1.5 million are for sale at $800,000 making these homes a great deal with their $120,000 weekly rental incomes in the summer making them pretty good investments.

Outer Banks, NC
Kitty Hawk, Duck, Corolla, Nags Head, Hatteras
tim
  • August 09 2013
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Tim do you rent those type of homes in the off season as well?
  • August 12 2013
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