Friday, July 9, 2010

Wealthy Walk Away From Mortgages - FOXBusiness

New York Magazine

Wealthy Walk Away From Mortgages
FOXBusiness
Also many people buying up those million-dollar plus homes often look at the real estate as investments... and what do you do when an investment goes south? ...
Biggest Defaulters on Mortgages Are the RichNew York Times
Friday at 6 pm: The biggest defaulters on home mortgages may surprise youWBTV
Now It Is The Rich Who Abandon Their Homes24/7 Wall St. (blog)
The Washington Independent -New York Magazine
all 42 news articles »


Bay Area town stands out for millionaire dollar defaulters - San Francisco Chronicle (blog)

San Francisco Chronicle (blog)

Bay Area town stands out for millionaire dollar defaulters
San Francisco Chronicle (blog)
Living in ultra expensive Bay Area, where homes easily top the million dollar mark, it's not uncommon to either know someone personally or hear about a ...



Brighton Corp. unveils new 200-acre Meridian development - IdahoStatesman.com

Brighton Corp. unveils new 200-acre Meridian development
IdahoStatesman.com
Homes will be available that suit every lifestyle,” said Brighton Corp. president David Turnbull, adding that nearby residents with multi-million dollar ...



Griffin Court's Fake Forest Taking Shape in Hell - Curbed (blog)

Griffin Court's Fake Forest Taking Shape in Hell
Curbed (blog)
By betterthangray I laughed too, classifying million dollar homes in LA with "the ruthless rich." And as Starchy pointed out, there's hardly a hook to this ...

and more »


Million-dollar home market shows some spark - INDenverTimes.com

Million-dollar home market shows some spark
INDenverTimes.com
Take a poll at the bottom of this blog on whether you think the worst is over for high-end homes. The million-dollar home market is not on fire, ...



In the Hamptons, Going Against the Tide - New York Times

New York Times

In the Hamptons, Going Against the Tide
New York Times
(A sample of her acerbic style: She has described some homes here as “multimillion-dollar penis extensions” that will make a buyer feel as if “he has never ...

and more »


Rich are Defaulting on Loans at Higher Rate? Not So Fast... - CNBC

Rich are Defaulting on Loans at Higher Rate? Not So Fast...
CNBC
We're likely talking about those in the one to two million dollar homes, because the super rich don't deign to deal with such banal items as mortgages. ...



Foreclosure Roundup: 36 acres in Doral targeted - Bizjournals.com

Foreclosure Roundup: 36 acres in Doral targeted
Bizjournals.com
The promises of luxurious amenities at the Oaks at Boca Raton were not enough to sell million-dollar-plus homes for one developer. ...

and more »

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