I ran across this article in the Wall Street Journal about the luxury home market. It is interesting to read how the high-end market in many parts of the country has been more vulnerable than lower price points. If you have kept up with some other postings of mine, you will know that Lake Tahoe's high-end market has also displayed greater weakness. This, of course, translates to significant value opportunities for those in search of a luxury property in Lake Tahoe. This article is courtesy of the Wall Street Journal.
-Bill Dietz, Principal Broker