Ultra-luxury housing market slows, but still moving

On the heels of Brexit, the ultra-luxury housing market is in question. Mega-mansions and lush estates in Los Angeles are prone to price cuts, according to a recent post in the New York Times, but the slowdown was somewhat expected this year even before Britian’s vote. The oil turn, global economics and rising home prices in the U.S. have all added fuel to the fire …

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