MDA DataQuick reports that 272 Orange County homes that once sold for $1 million or more were resold last year for under that amount.
2008 was the third straight year in which the number of million-plus home sales declined, falling to 2,862 in Orange County. That?s the lowest number of seven-digit home sales here since 2002. [...]
Read...Related Headlines
- Option One Sale in Jeopardy - H&R Block May Shutter Unitposted 246 weeks ago on Blown Mortgage
- Option One switches to all Fannie eligible productsposted 246 weeks ago on Blown Mortgage
- ResCap to Cut 25% of Workforce Todayposted 240 weeks ago on Blown Mortgage
- GMAC posts $2.5 billion quarterly lossposted 198 weeks ago on Blown Mortgage
- Option One Done?posted 233 weeks ago on Blown Mortgage
- Countrywide Posts $400+ Million Loss - Loan Production Tanksposted 225 weeks ago on Blown Mortgage
- The lights are on but nobody?s home?posted 212 weeks ago on Blown Mortgage
- Thornburg quarterly losses hit $3.3 billionposted 205 weeks ago on Blown Mortgage
- Existing home sales hit decade lowposted 196 weeks ago on Blown Mortgage