Shaky Stock Market Scares Luxury Home Buyers

The luxury housing market seemed untouchable in 2014, a year when more properties than ever at $100 million or higher were bought and sold. But this year is different.

Quoting a report from the Wall Street Journal, Realtor.com writes that financial losses are prompting “high-end home buyers across the country to rethink selling off assets to finance down payments, leading to canceled purchases, delayed closings and requests for price reductions.”

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