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Real estate

Threshold for lavish real estate on the rise

January 11, 2018

10-bedroom home for sale, an example of luxury homes. Image credit: Trulia.

 

By Brielle Jaekel

The lopsided real estate market, where the availability of homes priced more than $1 million is more abundant than demand, has raised the limit of what is considered luxury to a much higher level.

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