Archive for the 'million dollar homes' Category

Real Homes of Genius – Banks listing foreclosures at 30 percent off peak prices. From a $1.5 million home to a $630,000 home. Huntington Beach faces major price corrections.


Lessons from a housing bubble city, Thousand Oaks California. 74 percent owner occupied housing units with a median home price of $615,000. Median household income of $100,000 cannot support current prices. Million dollar foreclosure going for $712,000.


Real County of Genius – Ventura County meets the housing correction. A mid-tier market with a median home price of $370,000 down from the $627,000 peak of 2006. Thousand Oaks and Newbury Park. Prime mid-tier examples of the correction.


The rich do it too – Los Angeles County and million dollar distressed properties. 1,947 homes in L.A. County valued at $1 million or more are three payments behind or in foreclosure. Beverly Hills prices down 31 percent from one year ago. 14 out 100 homes on the MLS are priced at $1 million and up.


Next Entries »

By Month:



By Category:

© 2016 Dr. Housing Bubble