Why Even the Rich Are Hitting Pause on Mansions

Ever notice how even the fanciest houses are sitting on the market longer? Turns out, luxury home sales just took a 10% nosedive, especially in tech-heavy cities like San Francisco. High mortgage rates and job cuts—even for six-figure techies—have the wealthy feeling jittery. Instead of splurging on new mansions, many are parking their cash and waiting things out. If the folks with money are nervous, maybe it’s time for all of us to double-check our budgets! #HousingMarket #MoneyMoves #LuxuryRealEstate #RealEstate