The Luxury Market

Bloomberg reports: London Luxury-Home Prices Increase as Bankers Return.

"Nov. 30 (Bloomberg) — Luxury-home prices in central London rose on an annual basis for the first time in 17 months as bank and hedge-fund executives bought houses and apartments in anticipation of bonuses, Click here to read full articleIt will be interesting to see if a similar trend emerges in the US.   The Luxury Market on the Vineyard has been quiet active since the beginning of summer, there were over 60 sales $1 million dollars above in the past 12 months. The previous 12 months 2007-2008 there were close to 80 sales over $1 million.  There are a few deals to be had in this segment of the market, some waterfront lower than it has been in many years and come great in-town Edgartown properties in the $2-3 million bracket.  

 

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About emmamv

I am an exclusive buyers agent working and living on the beautiful Island Of Martha's Vineyard. I am a REALTOR® (member of National Association of Realtors), a member of the National Association of Exclusive Buyer Agents. I help people fulfil their dreams of buying a home on Martha's Vineyard. I don't sell homes, I help people buy a home.
This entry was posted in Martha's Vineyard Luxury Real Estate, Martha's Vineyard News and tagged . Bookmark the permalink.

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