Luxury Home Sales Bounce Back

This article in today's Wall Street Journal corroborates with what we are seeing in The Point and around Lake Norman as we currently have 6 homes priced over $2,500,000 under contract either pending or contingent/conditional with 5 of these in The Point and another just outside of it. The highest priced at $4,299,999. We have not seen such activity in the high end for a at least a couple years.

link to the article here