Archive for the 'million dollar homes' Category

The manic real estate pricing in Huntington Beach – When dropping prices by $2,950,000 and rising prices by $1,950,000 on the same home is a tactic to sell. The disconnect between household incomes and home values.

Real Homes of Genius – Prime Bel-Air zip code lists only 1 foreclosure while shadow inventory has 56 properties, twice the entire MLS data. Chasing the market down from $1.5 million to $870,000.

Real Homes of Genius – The bubble city of Santa Monica. When shadow inventory dominates prime cities and foreclosures still sell for $739,000 and are listed with 935 square feet.

Till debt do us part – financial collapse foreshadows second collapse in housing. Million dollar troubles in Beverly Hills. 2 million tax filers disappear in latest tax data.

Glamorous foreclosures – Beverly Hills foreclosure and short sales – $4 million Beverly Hills foreclosure goes for a second round and $2 million short sale.

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