The Luxury Home Market Posts Its Biggest Decline in a Decade. "It's Like Crickets."

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When Nancy Lam upgraded successful January to a location person to her child’s schoolhouse successful the San Francisco Bay Area, she thought she had plentifulness of clip to database her aged house, a five-bedroom modern location successful the sought-after suburb of Lafayette. 

After all, the pandemic had sent the luxury lodging marketplace soaring, and homes crossed the state were seeing assertive bidding wars and selling for sky-high prices. Ms. Lam, a concern professor, and her husband, who works successful healthcare and declined to beryllium named, took their clip sprucing up the location successful a bid to get the champion imaginable terms for the home, which they had bought for $1.67 cardinal successful 2014.

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