Category: Bel-Air

The shadow inventory

7 September, 2011 (12:11) | Bel-Air, California, Dr. Housing Bubble, Foreclosure, Housing, Markets, Subprime, US News |

By:David A. Smith   Beyond the immediate casualties of the foreclosures, when home prices are in reverse we have the walking wounded: properties that are neither foreclosed nor even in default, but nevertheless are holding back the market, like this sample property, in California’s tony Bel-Air neighborhood, featured in a thorough if gratuitously nasty post […]