Dod you see the Barron’s article on how ‘Luxury Homes’ (over $5MM) are going begging in this environment?  Well, it is here now in a lower price range.  In Millburn/Short Hills, Summit, Livingston, Chatham, Madison and Westfield not a singe home with an asking price over $2MM has gone under contract since Sept 28th.  That's two months.  The buyers have gone on strike.  In that same time 28 homes with asking prices from $2MM to $5MM have been listed. Two more were listed at prices of $9.5M and $12.9MM. 

Are you looking for a bargain on a high end home?  Contact me.