luxury homes

Pity the poor celebrity whose umpteen-square-foot manse on a property large enough to house a small municipality just won't sell. Or it's unloaded for a song. That realty reality is unfolding on both coasts (and even the Midwest), according to a Street.com report. Despite a hopeful uptick in...

It's another stat that's indicative of the challenging times for both homeowners and lenders: luxury homeowners are falling behind in their payments at levels not seen in more than a decade. About 2.6% of prime borrowers who took out a jumbo loan last year were at least 60 days delinquent -- the...