woodbridge luxury: Prince William County Luxury Homes Sales Are Strong In 2008
- 10/13/08 11:08 AM
Luxury homes over one million dollars are selling well this year as market adjustments have made luxury homes more affordable. Now I realize that the words "million dollar luxury homes" and the word "affordable" don't belong in the same sentence for some readers. However, when you consider that my parent's "starter home" cost $9,000 in 1948, that my "starter home" in Lake Ridge cost $105,000 in 1983, and that a basic starter home now runs $200,000 or more, it brings the market into focus. My daughter's first automobile, a humble Volkswagen, cost 150% more than my parent's first home.
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