“I have multiple clients who want to buy $50 or $60 million properties, but we can’t find them one right now,” “When you’re going to spend that much money, you have to find the perfect property.” says Mauricio Umansky, a broker at Hilton & Hyland. Oh, such are the trials and tribulations that we Realtors® have to deal with.
From Forbes.com a peek at the Most Expensive Home Sales of 2006
'What’s driving the market’s top tier? High-end luxury sales can remain out of synch with market trends because this sector of the market is volume volatile and not price volatile. This means that sales are less affected by general market forces--because potential buyers always have enough money--but more by whether or not rare properties are available'