Archive for the 'luxury homes' Category

Beverly Hills short sale – A lost decade condo story. Median price for condo sales in 90210 for may above $7 million?

Million dollar foreclosure hunter – The distressed inventory of Beverly Hills. Expensive properties with no mortgage payments. WaMu Alt-A mortgage products reappear in Beverly Hills.

Malibu housing correction – 2005 saw 50,000+ million dollar home sales in California. In 2010 it was roughly 20,000. Malibu REOs listed at 15 but shadow inventory above 100+ in a prime SoCal beachfront city.

A tour of 3 million-dollar foreclosures in Southern California – Calabasas, Bel-Air, and Brentwood. A $2.2 million dollar rental? Brentwood lists 1 home as a foreclosure on the MLS but has 90 homes in the shadow inventory.

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