Tuesday, May 11, 2010

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

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

City's house market bounces back - Winnipeg Free Press
But since the beginning of this year, price increases are back up to 10 per cent and the average price of homes sold in April hit $250,000 -- the first time a monthly average hit the quarter-million-dollar mark. "People want to live here.

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

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

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

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.

In metro Detroit, it's a mansion buyers market - Detroit Free Press
Dan Elsea, president of brokerage services for Real Estate One, said the supply of expensive homes fell as people took their homes off the market instead of giving million-dollar price breaks. But conditions are stabilizing, he said. "

Girlie indulgence at the Downs - Stuff
He is shedding any reputation of a stuffy golf club for stuffy men and seeking every opportunity, including outdoor music festivals and a plan to develop multi-million dollar homes. These mansions would be tucked down by the Rakaia Gorge for the

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