Housing Slump No Problem for Massachusetts’ High-End Market

Wealthy buyers in Massachusetts seem unhesitant about the housing market. Home purchases in the million-dollar-and-above range in the state have increased 9.6 percent this year, while the under-$1 million market has seen a decline of 5 percent, according to a September article in The Boston Globe. The article reflects what savvy custom builders have known all along: The very-well-off are not as affected by economic highs and lows as less-wealthy home buyers. Read the full article here: www.boston.com/realestate/news/articles/2007/09/20/amid_housing_slump_high_end_boom/

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