Home » Economy, Foreclosures, Home Values, Lending, REnews » Money crunch hits high-dollar houses
Apr
04
http://mynurealtor.com/wp-content/plugins/sociofluid/images/technorati_48.png http://mynurealtor.com/wp-content/plugins/sociofluid/images/google_48.png http://mynurealtor.com/wp-content/plugins/sociofluid/images/myspace_48.png http://mynurealtor.com/wp-content/plugins/sociofluid/images/facebook_48.png http://mynurealtor.com/wp-content/plugins/sociofluid/images/twitter_48.png

“In Franklin’s immaculately landscaped New Urbanism neighborhood, Westhaven, past a Greek-inspired fountain surrounded by blooming tulips, sits a looming brick edifice that once was a $1 million house.

No longer.

The bank foreclosed on the couple that owned it, and new buyers put a contract on it for $699,900 — easily a 30 percent price drop…”

Money crunch hits high-dollar houses

Add reply

is Digg proof thanks to caching by WP Super Cache