High-end home sales slowing in wealthy towns
Or, so says Scott Van Voorhis, in a column out today.
These are tougher times in the real estate market, even for the super-wealthy.
The number of mansions sold in some of the state’s toniest towns - Weston, Wellesley and Brookline - has plunged more than 30 percent during the first four months of the year.
And sellers of luxury homes are having to bargain in order to cut a deal.
The Herald scribe then talks about John Meola, a dentist in Weston, who had to cut the price of his home from $18 million to $10.9 million in order to find a buyer.
This is at least the third story Mr Van Voorhis has done about this guy, in just two years!!
I think it’s really bizarre! Are you looking for a deal on your next gold cap, Scott?
Source: Toney town’s mansion sales tank - By Scott Van Voorhis, The Boston Herald
Loading ...