Got your eye on an bigger and better house? Now might be the time to move up.
Though prices in many regions are still heading lower, luxury home prices in some areas appear to have hit bottom and are starting to rebound.
Inventory remains high, and the pace of sales continues to lag, so a lot of sellers are motivated to negotiate. And since homeowners themselves may want to upgrade, that gives them even more incentive to sell.
See the full article here.
