Friday, January 7, 2011

Wealthy Buyers Making Waves

All though there is a real estate slump in what appears to be all over, there is a sector that is doing rather well, the very very top end of the market. More developers are now preparing to build multi-million dollar spec homes.

The potential buyers of these homes are not as affected by the economy and the down turn so they are still capable of spending large amounts on the construction of new homes.

While it is a very small percentage of the market it is noteworthy that there is movement. These wealthy buyers are making waves across the nation