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Luxury Home Prices? Up.


[Photo Credit: Decker, Bullock/Vince Valdes]

Today the Chronicle reports that luxury homes prices are up. That's nice. Regrettably they illustrate the article with a picture of Andre Agassi and Steffi Graf's lovely home in Marin, reporting it sold for $20M. Which might seem high- except that in November of 2006 the paper reported the house as on the market for four years and selling for $3M less than the Agassi-Grafs paid for it. Should they have waited?
· Agassi suffers a loss... [SF Gate]
· Luxury homes prices creep higher [SF Gate]