Even home and real estate listings at the $100 million level are seeing declines.
Donald Trump may have finally found a buyer for his $100 million house in Palm Beach. Mr. Trump first listed the home at $125 million.
However, he recently dropped the price to $100 million. As Wealth Report readers know, he declined a $90 million offer last year. According to one broker with knowledge of the deal, the buyer is Russian.
According to WSJ "People familiar with the matter added that the buyer may be considering building a new home on the site or dividing it into separate lots. At $100 million, that would probably make the estate the most expensive teardown in U.S. history."
Source: By Ideal Investment Corner - http://idealinvestment.blogspot.com/
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