By James Tarmy | Bloomberg
Amid dramatically negative changes in the US housing market, the spending habits of the very rich have stayed remarkably consistent.
The top 10 most expensive residential sales this year were—just like last year—spread among New York and the Hamptons, Los Angeles, and South Florida, according to a list compiled by Jonathan Miller, the president and chief executive officer of appraiser Miller Samuel.
“The footprint of these transactions appears to be firmly established,” says Miller, who notes that his list is provisional, given that late-breaking sales and updates are the norm. “It’s all the big three locations.” The only change, he says, is that top sales have