| Real-estate agents who sell ultrahigh-price homes are announcing a recovery. In Naples, Fla, brokers are cheering a supposed rebound in luxury vacation homes, with Premier Sotheby’s International Realty selling 41 homes priced at $2 million this year, up 14% from the same period in 2010.
One broker told Bloomberg that buyer’s “are finally getting off the fence,” as if fence-sitting were the real problem with Florida real-estate market............................................Full Article: Source
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