Higher End Home Sales Are On The Rise

Sales of homes priced above the $750,000 mark increased by 50% from 2011, according to a November report by the National Association of Realtors. The change pushed the median home price to $180,600 increasing from November of 2011 by a total 10.1 percent nationally. By increasing the median of home prices it has also directly effected the economic growth nationwide. More income generated from the sales and upkeep of higher priced homes means more money into the market.

http://www.nbcnews.com/business/economywatch/higher-end-homes-selling-again-1C7659305

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