Honolulu Luxury Real Estate Sales Up
According to CNN Money Report, and as reported in the "Seattle Post Intelligencer" newspaper and blogs, "Luxury Real Estate Sales Up in All 20 U.S. Metros", "with some cities seeing an 18.6 percent increase in high-end home sales, according to DataQuick Information Systems. The increase follows four consecutive years of declines in million-dollar homes."
"The market that fared the best in high-dollar real estate: San Jose, Calif., which boasted a 27.4 percent increase in sales last year in million-dollar homes. Honolulu also saw a big spike in million-dollar sales - a 26 percent increase - as well as New York, where million-dollar home sales rose nearly 25 percent."