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luxury : Mortgage Loans, Rates, Home Buying, Selling, Foreclosures

All Posts Tagged With: "luxury"

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Luxury Homes Wilt On The Market

Luxury homes — those mansions on the hill — are not selling like hotcakes. In fact, such homes are being re-priced with newer and lower values The Institute for Luxury Home Marketing says that of 40,252 luxury properties available during the past week, the typical price was $1,156,708 and the cost per square foot averaged [...]

24Jul2009 | | 0 comments | Continued
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Sellers Drop Prices By $27.4 billion

Foreclosures are impacting the marketplace and even the homes of the rich are going for less these days. A new study by Trulia says that 23.6 percent of current homes on the market have had at least one price cut and that the reductions are valued at $27.4 billion. The company says “the average price-reduced [...]

8Jun2009 | | 0 comments | Continued