Found 1 blog entry tagged as luxury buyers.

Realtor.com writes, "Home sales during this spring selling season have faced a slump—but one part of the market is bucking the trend. Luxury buyers are stepping up, and in at least one city, sales have doubled in a week.

Luxury real estate across the country continues to outperform the median, and the $1 million-plus category has been the fastest-growing (or least-declining) sales segment for nearly two years, according to the National Association of Realtors®.

"Higher-end homeowners have substantial equity and are less reliant on mortgage financing. These types of properties have outperformed," says Danielle Hale, chief economist of Realtor.com®.

And in the past week, the Austin, TX, high-end market has been heating up. There were 15 newly…

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