[from Atlanta Georgia from 50 to 16 million]story:
#1 – Le Reve – The grand estate, located in Cumming, GA, has been given yet another price cut. Once offered at $50 million, the 47,000 square foot home is now in foreclosure and carries a price tag of just $16,500,000. It’s last listing price that I know of was $18 million back in January of this year.
Massive Southern US properties are going on fire-sale.
50% off.
Cos67 ¬(%^D>
checkitout:
LA Times
Million-dollar homes in California suffer further sales drop in 2009
REAL ESTATE
The number sold in the state falls 23.8%, to 18,621 from 24,436 in 2008, for a fourth year of decline in a row.
The decline in sales of high-priced houses in California, according to… (Justin Sullivan / Getty Images)
February 05, 2010|By Alejandro Lazo
Sales of California homes priced at $1 million or more tumbled for a fourth consecutive year in 2009, according to a report released Thursday.
The number of million-dollar-plus homes sold dropped 23.8% to 18,621 in 2009 from 24,436 in 2008, according to San Diego real estate research firm MDA DataQuick.
