Low Jumbo Mortgage Rates Help Boost Luxury Housing Market More Than 30% Annually

The U.S. luxury housing market continues to thrive. Fueled by move-up buyers and inexpensive jumbo loans, the market for homes over $500,000 has grown rapidly since last year, with homes over $750,000 making big gains, too. 2013 has been a big year for big homes. Next year may show more of the same. Homes Inventory…