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When the Rich Stop Buying, We’re All in Trouble

April 3rd, 2008

Beverly Hills Real Estate Broker Connie De Groot talks with Neil Cavuto about the luxury home market and how it is holding up in light of the recent housing slumps. If the “rich” continue to buy and sell, will the market be spared from further falls?

For more on this read:
A Bright Spot Among the Construction Services Companies — Hamptons Luxury Homes 2007 Results Outperforms Industry Trends
Housing Market Tracker - It’s About Affordability, Stupid.
The luxury property market shrugs off the slowdown