Ultra-Luxury Home Sales to Soar in 2007?
In December, there was lots of buzz about hefty year-end bonuses being paid to Wall Street performers. Many were wondering how these flush folk would spend the largesse. Would it go for bonds, or bling or luxury real estate? The latter would seem a likely and comfy target. Even though home sales slowed down overall during 2006, the ultra-luxe end of the market has flourished. Luxury home sales at $5…