title hold: High End Luxury Homes Falling in Value, Agents Looking for Creative Solutions
- 06/04/10 04:39 PM
Diana Olick over at CNBC puts out a lot of relevant data. Jumbos are really making the news these days. (You saw my last related post, right?) “It seems that while the middle and lower end of the market was seeing real price recovery this Spring, the high end, which was pretty flat all fall, started to really tank from March through May.
Not surprisingly, the inventory of high end homes surged in January, just before that price drop and is continuing to climb.” One real estate broker I’m working with in the Calabasas area is tweaking her business (2 comments)
Note Queen Capital buys seller financed notes across the country, showing sellers how to get cash even when they carry. Owner Financing gets sellers top dollar for their property. We make sure they get top dollar for their paper.