Archive for the 'million dollar homes' Category

What would it look like if you were able to see the entire shadow inventory for Beverly Hills with actual loan balances? The myth that foreclosures only occur in poor neighborhoods.


The manic real estate pricing in Huntington Beach – When dropping prices by $2,950,000 and rising prices by $1,950,000 on the same home is a tactic to sell. The disconnect between household incomes and home values.


Real Homes of Genius – Prime Bel-Air zip code lists only 1 foreclosure while shadow inventory has 56 properties, twice the entire MLS data. Chasing the market down from $1.5 million to $870,000.


Real Homes of Genius – The bubble city of Santa Monica. When shadow inventory dominates prime cities and foreclosures still sell for $739,000 and are listed with 935 square feet.


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