Tuesday, February 28, 2012

Luxury home foreclosures

  • If its good to be king, its not bad to be rich, especially when faced with foreclosure.
  • (Huffington Post)
  • To be sure, the declines are still small compared to how much the lowest-priced homes fell since the start of the downturn. That was largely due to the higher foreclosure rate among less-expensive houses.
  • (Smart Money)
  • Like a house, a mall that enters foreclosure it is auctioned off at a low price is set to be rebuilt as the Palm Beach Fashion Outlets by 2013, with luxury tenants like Bloomingdales Outlet and Last Call by Neiman Marcus.
  • (Huffington Post)
  • Bers is an award-winning real estate professional who has served the Sarasota luxury home market since 2004.
  • (PR-USA.net)
  • In one of the foreclosure capitals of the United States hear about a city where real-estate values are down nearly 60% from their peak and luxury single-family homes are languishing on the market. The median home price in Phoenix is about $120,000.
  • (MSN Real Estate)
  • More than 500,000 Californians have lost their homes to foreclosure since 2008 Police estimate he embezzled $250 million to live "a life of luxury," the U.K.'s Department for International Development said in a statement.
  • (Businessweek)
  • Luxury homes in San Antonio and luxury home sites are booming but and River Crossing (off HWY 281 N.), bought the property at foreclosure, rebranded the project and heavily advertised a "One day only" sale starting at $79,000.
  • (MySanAntonio)
  • Liane Jamason, a local Short Sale Realtor at Smith Associates Real Estate in St.
  • (PRLog (free press release))
  • He says that the seminars are aimed to help as many homeowners as possible find a legal recourse to stay in their homes when foreclosure is staring them Dominican Republic is Cana Pearl -- where Bali Luxury meets the Caribbean.
  • (PR-USA.net)

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