Because of the current state of our economy many luxury home buyers may have been artificially sidelined.
These would be move up buyers are fearfully waiting for the housing market to bottom.
As with the stock market, it is hard to time the housing market. No one really knows for sure whether the market will go down further or not. In fact even after a recent six month rise in housing prices they have begin to fall again. Continue reading How to Upgrade your Home in Raleigh