"I think high-end homeowners have a little more 'padding' to get through tough times if they experience a job loss or other trouble. But as the tough times continue, more and more of these homeowners are succumbing to foreclosure" said Daren Blomquist of RealtyTrac.com.

So what does that mean? Well-positioned house shoppers may be able to purchase million-dollar luxury foreclosures at a significant discount.

According to RealtyTrac’s data, foreclosed…

Denver’s high-end luxury homes – those priced at $1M or more – took a steep jump in June 2011 compared to both the prior month of April and June of 2010. It seems Denver’s luxury home buyers are taking advantage of today’s market – lower home prices and interest rates.

According to Metrolist, the Denver are multiple listing service, 71 homes sold for more than $1 million in June 2010 compared to…

Denver is a great place for businesses according to Forbes 13th annual list of the Best Places for Business and Careers. While Raleigh, NC was rated no. 1 and Texas rocked the Top 10 with 5 cities, Colorado made an admirable appearance with 2 cities - Denver and Ft. Collins.

Another big metro that made the top 10, in addition to the three Texas locales, is Denver,…

There Has Never Been A Better Time To Buy An Upscale Luxury Home

Everyone knows the real estate industry is facing some pretty rough times. No one has been spared - even the high-end, luxury market has been dramatically affected. Ongoing economic uncertainties brought on by a government in total disarray have forced many high-end homeowners our of their dream homes.
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