Tucson Foothills Luxury Homes

Today on Yahoo Real Estate there's a story from Realty Times about the Luxury end of the real estate market and how well it is doing, despite the downturn in the rest of the market. Luxury Housing the Silver Lining in a Stormy Market? "The fundamentals are still strong for affluent buyers. They have a strong economy, strong GDP growth, low unemployment, and a booming stock market."
Ditto for the Tucson Foothills. I wrote about this a couple of times recently "Seeming to defy the slow-down in the rest of the market, the luxury home market in the Tucson Foothills is doing better than ever... , and then again in a summary of 2006 Foothills homes sales broken down by price range "here are the actual sales results for 2006 vs 2005 for single family homes in the Tucson Foothills... As we get into the new year, high-end sales continue to do very well in the Tucson Foothills, and I'm betting that once again the luxury market here will break all previous sales records.