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205 Posts in 150 Topics- by 2146 Members - Latest Member: enrisintegafe

November 19, 2008, 11:42:54 PM
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Author Topic: price of higher end homes  (Read 445 times)
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dazed
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« on: September 04, 2008, 04:44:24 PM »

Do the price of higher end homes continue to drop or the housing slump just effecting lower and middle priced homes?
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lakerfan
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« Reply #1 on: September 04, 2008, 04:52:27 PM »

It seems all parts of the housing sector are effected by the dwonturn in the housing market, including higher end properties.
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deantx
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« Reply #2 on: September 05, 2008, 11:57:33 PM »

In our area its really only the higher end houses that have been hit hard.  Once you get over the $300k range, houses are off 20% +.  On the other hand, in the entry level range prices have held relatively flat if not up a bit. 

This is Texas mind you, and our real estate market seems to be a lot more robust than what I'm hearing from the rest of the country.
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