2 of Every 25 U.S. Homes Worth at Least $1M
Empire Appraisal Group
SEPTEMBER 14, 2023
Homes Worth at Least $1M By Kerry Smith While $1M signified luxury property a short while ago, it’s now 8% of the nation’s housing stock – but a large percentage of those homes are still in Pacific Coast states. Elevated mortgage rates discourage potential home sellers, who are staying put to keep their relatively low mortgage rates.
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