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Brokeriptv  : We are talking with Linda Behr today for Fuller Towne & Country. Linda has been one of the premier luxury real-estate agents in the state of Colorado for 30 years now. Linda thanks for being with us, we appreciate that. Can you define for us exactly, what is the high-end market profile of a buyer and seller?

Linda Behr: Dan, I guess in my opinion its somewhere more in the range of - most people prospective is somewhere between a million and odd. I frankly think high-end is a subjective prospective, so I also believe that you could even go half of a million but, in general most people think of the million dollar figure and above has being the high-end.

Brokeriptv  : Most homes in million and over, 50% of those were been financed and I thought that this was odd considering the people usually in that markup place are leverage in portfolios, they are doing different strategies as far as how they are going to finance the home. Are you seeing more high-end homes, financed?

Linda Behr: I think Dan, it depends upon the individuals. There is a lot of people, I would say more people do not - dont necessarily want to liquidate a portfolio and order to pay cash for a house. Most people will actually have some kind of a leverage position in a home even though they have the cash readily available, possibly in their portfolios or some other location that they could take out the loan if they need it too, but because of that deductibility and the other tax benefits of having a mortgage, they are taking advantage of those. And I do see that even in very high-end including 12 million which we have seen this year. So, its just very interesting, but yes you are seeing people that will usually have some mortgage position.

Brokeriptv  : We have had people going to the closing table, expecting the sign documents and the company funding the loan went out of business the same day. What are you telling your buyers and sellers these days regarding the current economic conditions?

Linda Behr: What I am telling my buyers and sellers are: 1) Where I have some level of influence I will try to influence the buying unit - the buying public to find a lender or an institution that is reputable, that is expect to standby what they have represented. A lot of people in this easier money markets have that gone to different lenders that really, frankly are not regulated and they are not held accountable and so therefore, people are left that risk to loose earnest money, deposits potentially or to be in a spot that might be negative for both the seller and the buyer. So, I think thats what I am advising. However, I have some cavorting that approach by saying