Sun’s shining – on the Rich that is (Part 2)

Avatar — Fri, 13 Nov 2009 13:55:43 +0000

Money may be harder to come by but these people who can afford to spend are indeed spending. The rock-bottom prices, even of the most affluent homes are getting the wealthy excited for they even get properties with everything inside as part of the deal having them get second, third and so on and so forth number of homes. These assets can be sold in the future as the market rebounds or kept to add to their ever growing empires in the arena of real estates. Before we forget, the wealthy represents around less than 10% of all Americans, the rest fall in the lower 90%.

Sun’s shining – on the Rich that is (Part 1)

Avatar — Fri, 09 Oct 2009 13:53:59 +0000

All’s well for America’s wealthy for they see the current housing crunch as opportunity. That opportunity comes in the form of properties they either acquire for themselves as vacation homes or as investments in expectation of the expected recovery of the market. The rich and wealthy of the country are buying up properties like hotcakes and many areas such as Florida are getting big purchases. Even in the crowded city center’s, properties are exchanging hands (with some discounts and negotiations of course) but they are still selling. Families who earn in excess of half a million a year are the prime movers with those in the lower brackets (affluent, upper middle class) voicing interests of their own.

Real Estate News Daily » Wealthy

Sun’s shining – on the Rich that is (Part 2)

Sun’s shining – on the Rich that is (Part 1)