This indicates a new world order due to the "RICH" corporation employees buying expensive homes.
Welcome to the new world order Middle America. Made possible by a Corporation near you.
KUSA - The housing market may be in a slump, but there are certainly some good buys if you have the money. It seems mansions are big business just about everywhere in the country. Sales for luxury homes are up, and they're outpacing the rest of the market.
San Jose, CA, has seen a 27 percent spike. In Nashville, sales of million dollar homes are up 13 percent. And in Washington D.C., the high end surge is 20 percent.
The problem is, the rest of the housing market is struggling, especially homes considered moderately priced.