Wednesday, May 12, 2010

Million-dollar home sales take a dip - Denver Post
Sales of million-dollar homes in the Denver area dipped slightly in March, while the median sale price was up fractionally month-over-month, according to a recently released analysis by Coldwell Banker Residential Brokerage. A total of 34 homes sold

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

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

RPT-WRAPUP 2-US pending home sales at 5-mo high, orders jump - Reuters
dollar rose to a one-year high against sales suggested existing home sales likely rose to an annual rate of between 5.6 million units and 5.8 million units last month. Sales of previously owned homes rose to rate of 5.35 million units in March. "

Raceway speeds up plans for solar farm - Standard Speaker
Pocono Raceway's plan for a multi-million-dollar solar farm is moving into the fast lane We'll be making enough for pretty much all the homes here in town," he said.

Datacasting loses its million-dollar niche - Sydney Morning Herald
It seems counterproductive to remove these digital TV services from Sydney viewers at a time when the government is encouraging homes to transition to digital TV,'' he said. The loss of the licence means there are no remaining datacasting licensees.

$100M Windermere "Versailles" for sale - Myfoxorl and O
WOFL FOX 35) - Got a hundred million dollars burning a hole in your wallet Outdoor highlights include a baseball field, two tennis courts, and a pool bigger than most single family homes. Inside, you'll find plans for two elevators, two movie

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