The Real Estate Wonk: The clientele that's still buying - Baltimore homes, apartments, real estate: Buying, selling, renting and housing news from reporter Jamie Smith Hopkins

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February 24, 2008

The clientele that's still buying

Home buying and home improvement alike have taken a hit in the slump, but some companies hawking the expensive stuff say they're doing fine. So reports Tyeesha Dixon, who was at the Howard Live! Luxury Home Show this weekend:

Exhibit fares ranged from custom bedding to portable Jacuzzis to in-home elevators.
"This hits a demographic," said Stacy Pesacov, president of Full Potential Marketing, a firm that helps run the show. The economy "has not impacted us at all. Attendance is as high as it's ever been. Our shows are bigger than ever."

I hear mixed things about how well super-pricey houses are selling. Perhaps some folks who could afford such properties are opting to install Jacuzzis and elevators in their existing homes?

Posted by Jamie Smith Hopkins at 2:43 PM | Permalink | Comments (1)

Comments

saw this in the Post ...
http://www.washingtonpost.com/wp-dyn/content/article/2008/02/22/AR2008022202987.html

Posted by: whirrrp | February 25, 2008 8:53 AM

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About Jamie Smith Hopkins

Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
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