By PAUL THARP
Last updated: 7:30 amJuly 17, 2008
Posted: 3:17 am
July 17, 2008
Home values in the very rich enclaves like the Hamptons and Greenwich, Conn., are soaring in the double-digits, even as prices of less tony homes in those areas are crashing....
...Meanwhile, in Greenwich, home to hedge-fund billionaires and powerful CEOs, values are up 24 percent for the most expensive of the town's palatial digs, or those with prices starting at $5 million. That group's median price soared 24 percent to a median $9.03 million.
Elsewhere in Greenwich, the least expensive homes, or those under $600,000, suffered an 8 percent drop to a median of $498,393....
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