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March 14, 2010

California Million Dollar Home Sales Fall 68 Percent

by Bob Schwartz
jumbo home loans

jumbo home loans

The jumbo mortgage market is in poor shape and there just is no real financing out there. What jumbo mortgage financing there is, is expense and much more difficult to qualify for.

Over million dollar home sales in California:

2005 – 57,773
2006 – 50,010
2007 – 42,506
2008 – 24,436
2009 – 18,621

San Jose California real estate lawyer

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