Lenz weighs in on U.S. luxury market woes

In the wake of a massive foreclosure freeze among the nation’s biggest banks, experts are worried that stalling foreclosures could bring more pain to the market. In this CNBC video, Prudential Douglas Elliman broker Dolly Lenz said that these concerns have extended into the luxury market. “It’s a whole negative zeitgeist in the real estate world,” Lenz said.

Sign Up for the undefined Newsletter