Not sure if this is the place to post this but I was wondering if anyone has noticed a weird shift in real estate lately.
I live in a rural area that is seen as a tourist town. It has gotten pretty difficult to live middle/ working class (like the rest of the country) and be able to afford a home. In the area I live, it's seen as slightly more expensive area since it is a university town/ tourist spot. I've been "window shopping" houses for 5 year and out of nowhere there is a sudden influx of highend homes/ many apartment complexes for sale. There has always been a few 300+k homes listed but there are now more "rich" homes listed (300k-2 Mil) currently than standard homes that I've normally seen. There are also SEVERAL apartment complexes for sale and that is saying something since this is considered to be a "small town". I was wondering if anyone would have any insight as to why this is happening?
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source https://www.reddit.com/r/RealEstate/comments/1iw7sfl/sudden_influx_of_highend_homes_on_the_market/
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