What's bad for luxury developers is good for buyers
(NEWSER) - Standing tall in some of the most moneyed neighborhoods in America, condos once symbolized a seemingly bottomless housing boom. Now that the housing market has cratered, the luxury real estate sector is providing would-be buyers with the biggest opportunities, Forbes says. Lake Tahoe, Calif., Key Biscayne, Fl., and New York’s Upper West Side have all seen condos sit on the market for months, and prices could dip further. More»
