Jumbo Loan Defaults in the Luxury Market

Luxury Defaults
August 23, 2008

by Roberta Murphy Luxury Home Defaults Ed McMahon may have wondered what else in new in defaulted real estate with the pending default of his Beverly Hills home.  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 to July, 2008–jumbo loans originated in 2006 saw mortgage delinquencies rise 13.2 percent, while 2007 delinquencies rose…

Read More >>

2008 Luxury Home Design Trends

by Roberta Murphy This piece is for those of us unable to make the biannual trek to Paris for the biannual Maison & Objet trade show that features the hottest home decor designs produced by the smartest and most influential names in the industry. Those in the luxury home business are always on the prowl, trying to spot the latest trends that might help update, inspire and improve the luxury…

January 20, 2008
Read More >>