Comments on: Rise in Luxury Home Foreclosures, Short Sales and REO’s? http://luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/ Search luxury homes, luxury lifestyles and luxury news Fri, 21 Nov 2008 19:25:27 +0000 http://wordpress.org/?v=2.6.1 By: Luxury Foreclosures Becoming More Common | Luxury Specialist http://luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-34919 Luxury Foreclosures Becoming More Common | Luxury Specialist Fri, 03 Oct 2008 19:29:23 +0000 http://luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-34919 [...] Rise in­ Lu­x­u­ry­ Hom­e Foreclosu­res, REO’s a­n&#17... [...] [...] Rise in­ Lu­x­u­ry­ Hom­e Foreclosu­res, REO’s a­n&#17… [...]

]]> By: Luxury Real Estate Not Escaping Financial Ravages | NaplesBuzz.com http://luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-34759 Luxury Real Estate Not Escaping Financial Ravages | NaplesBuzz.com Fri, 20 Jun 2008 22:11:46 +0000 http://luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-34759 [...] From the Luxury Home Digest [...] [...] From the Luxury Home Digest [...]

]]> By: Luxury Real Estate Not Escaping Financial Ravages | VailBuzz http://luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-34758 Luxury Real Estate Not Escaping Financial Ravages | VailBuzz Fri, 20 Jun 2008 22:06:32 +0000 http://luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-34758 [...] From the Luxury Home Digest [...] [...] From the Luxury Home Digest [...]

]]> By: Eric- New Orleans Condos and Lofts http://luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-34724 Eric- New Orleans Condos and Lofts Sat, 07 Jun 2008 01:21:39 +0000 http://luxuryhomedigest.com/2008/05/26/rise-in-luxury-foreclosures-short-sales-and-reos/#comment-34724 You are correct in that everything is affected by the current credit crunch. The New Orleans market was not a bubble market in the the prices have been rather stable for 3-4 years. Many people moving form out of town this is this just like every other bubble market. I cannot remember seeing a foreclosure in my niche market of condos in the last 2 years. I work a downtown market that is in demand and only saw one subprime loan in the past 200 sales leading up to the bubble pop! He happened to be a lender that dealt in sub-prime loans. He has since changed careers. You are correct in that everything is affected by the current credit crunch. The New Orleans market was not a bubble market in the the prices have been rather stable for 3-4 years. Many people moving form out of town this is this just like every other bubble market. I cannot remember seeing a foreclosure in my niche market of condos in the last 2 years.

I work a downtown market that is in demand and only saw one subprime loan in the past 200 sales leading up to the bubble pop! He happened to be a lender that dealt in sub-prime loans. He has since changed careers.

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