Luxury home prices fall in 4Q

Full story: LA Daily News

Luxury home prices fell in the state's three biggest cities during the fourth quarter, with San Diego leading the way with a 2.2 percent drop in value compared to the previous quarter, according to a report out ...

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Jack

Canoga Park, CA

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Judge it!
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#1
Feb 24, 2009
 
GEE no kidding ? news flash ha ha ha
ENOUGH

United States

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#2
Feb 24, 2009
 
If obama is trying to shore up home values and stop foreclosures, he is going to screw up the natural order of affordable housing. And the turn around. All the people who have been waiting for the market to drop and buy and pay for their own houses.

One cannot tamper with markets, someone will take financial advantage . Even in socialist/ communist countries, someone is always trying to profit.

Its human nature.

Pay your bills, there is no free ride worth taking.
julia prince

Fullerton, CA

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#3
Feb 24, 2009
 
How's the prices in the housing Market in Huntington Harbour, CA 92649. Water front preperty especially?

Since: Feb 09

Poway, CA

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#5
Feb 26, 2009
 
Without Jumbo lending available (or any help), it was just a matter of time for the high end market to catch up with the crash.

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