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Luxury home sales strong in 2012

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“Now that people are convinced that the worst is over, we are seeing home sales increase at the higher price points, too,” Gary Bauer. [...]

Sales under $1 million book big increase

“Especially near the top of the price range, buyers realize that not long ago these homes would have sold for $1 million or $1.2 million,” Gary Bauer. [...]

Homes priced below $1 million selling fast

“Basically, they are getting $1 million and $1 million-plus homes for far less than that,” Gary Bauer. [...]

High-end homes below $1 million hot

“There is definitely a psychological advantage to be priced below $1 million,” Liz Richards. [...]