Tag Archives: foreclosures

Even Luxury Home Owners can be Victims of Fraud

by Roberta Murphy It’s a sad fact of life, but unscrupulous vultures are always ready to pick at the flesh of the most financially distressed–which more frequently these days includes the owners of luxury real estate. Over on our San … Continue reading

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Luxury Foreclosures Becoming More Common

by Roberta Murphy Once upon a time, we whispered about the “F” word creeping into luxury real estate. These days, it is common real estate talk. The Wall Street Journal quotes Realty Trac reporting that the number of $1-plus million … Continue reading

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Jumbo Loan Defaults in the Luxury Market

by Roberta Murphy Ed McMahon may wonder what else in new in defaulted real estate, but yesterday, Standard & Poor’s Ratings Service reported that even prime jumbo loans are starting to buckle. Over a period of just one month–from June … Continue reading

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