What a difference two weeks make! It's been a while since we posted about the luxury market, but positive reports continue to shine a light to the high-end. Just yesterday, MarketWatch ran with the headline "Global Wealth Recovers to Pre-Crisis Levels." April Lee reported that the world's millionaires grew by 14 percent in 2009, and "wealth became slightly more concentrated as millionaire households jumped to 11.2 million, moving back close to 2007 levels." The Wall Street Journal also ran an article on May 28, touting the luxury residential market's comeback and the fact that "sales of homes over $2 million in the first quarter were actually on par with the levels of 2005."
As the luxury housing market continues its ascent, rest assured that The Elan Collection will have a presence in the most sought-after vacation destinations. From Pebble Beach and Vail to the Turks and Caicos Islands, a vacation experience will emerge that's positively elan. Explore our current and coming soon properties here.
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