Bowden's Market Barometer has been reporting all year that the luxury market has been faring better than other market sectors. Apparently pundits have caught on, now believing that it will be a strong year for homes priced at $500,000+. Some catalysts include a bull stock market and foreign investors. In San Antonio, TX, home prices are up 3.3% in the $750,000+ price bracket compared to 2.0% across all price ranges. Read more in this recent My San Antonio article.
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