With apologies to Dr. Johnson. Business Sheets reports that a mega mansion in LA finally sold for $8,000,000, wich is a tad less than its original asking price of $15 million but still, an $8 million sale is an $8 million sale. Some folks still have money and a few of them are willing to spend it. I haven’t seen this phenomenon in Greenwich in the past month but some waterfront did sell in November and it won’t leave me gobsmacked if we see properties in this price range going to contract soon. But notice the difference between asked and bid – buyers want bargains.