Friday, August 26, 2016

How big projects on 280 will shape the luxury home market

While luxury homes have been flying off the market in places like Mountain Brook, Homewood and Redmont, sales haven't been as swift in places outside the Interstate 459 corridor. That includes the U.S. 280 corridor, where data and Realtors say million-dollar homes have been hanging on the market longer than they were a decade or two ago. Homes in the U.S. 280 market are spending an average of 307 days on the market, which is the highest among the area's major luxury home markets. The market's sale…

from DIYS http://ift.tt/2bDJhAf

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