Industry News

The bust in high-end homes

Luxury housing prices soften nationwide
Published on Feb 27, 2004

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by CareyBot

After a year on the market, the seller of a six-bedroom, 20,000-square-foot home in Weston, Mass., slashed the asking price by $8.1 million. The new home, located near Boston, first entered the market at $18 million, then fell to $13.9 ...