Jumbo Loans Get Cheaper, But It’s Still Tough to Qualify - Wall Street Journal
The high-end of the housing market has suffered from a lack of buyers for million-dollar-and-up homes in the last year. One big reason is that it’s harder to get a mortgage that isn’t backed by a government-related entity, and the loan limits on

Vacant house near Summit Road burns, cause still being - Santa Cruz Sentinel
CORRALITOS -- Fire destroyed an unoccupied million-dollar home near Summit Road early Monday area in the hills above Corralitos where the Summit Fire burned 4,270 acres of wildland, 63 homes and 69 outbuildings in May 2008. The cause of the fire

Drop in late mortgage payments is first since 2006 - USA Today
MILLION-DOLLAR HOMES: Foreclosures rising "We cannot characterize it as a trend yet, but we anticipate that things will continue to improve." TransUnion expects another decrease for the current quarter, and then for the delinquency rate to stabilize

Million-dollar homes are falling prey to foreclosure - USA Today
Heated pools, ocean views and media rooms are not what most people would expect to find in a foreclosed property, but more high-end homes — priced at more than a million dollars — have been falling into the hands of banks this year. Foreclosures

Supplies of starter homes shrinking - Yahoo Finance
There are plenty of more expensive homes in California, but this inventory is going quick: inventory for million-dollar-plus homes has dropped from 21.6 months to 10.9 months. Further north, all over the Pacific Northwest, the supply of moderate and