Luxury home prices fall in 4Q

Luxury home prices fall in 4Q

There are 4 comments on the LA Daily News story from Feb 24, 2009, titled Luxury home prices fall in 4Q. In it, LA Daily News reports that:

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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Agoura Hills, CA

#1 Feb 24, 2009
GEE no kidding ? news flash ha ha ha

Covina, CA

#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

Pacific Palisades, CA

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

Since: Feb 09

San Diego, CA

#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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