I enjoy watching the purchase of large real estate. Jamie Foxx reportedly purchased a $10.5 million home in Thousand Oaks. The Hidden Valley purchase felt "right".
The home is located on 40 acres, has 10 bd, 12 ba, a library, and a whole slew of other rooms.
Purchases like this shed light on the recently reported "slow market." There are still many purchases happening in luxury homes, especially in Las Vegas. Those who can afford the highend homes are not as fearful of the downturn.