Updating Million Dollar Markdowns

Greetings, Boston.com readers,

The Real Estate Cafe is in the process of updating our database of "Million Dollar Markdowns" featured in the Boston Globe story, Luxury for Less, and will release more information soon.  In the meantime, we invite you to (1) read the Wall Street Journal's article, Foreclosures Hit Rich & Famous, (2) review our previous blog posts about luxury properties with price reductions of at least one million dollars, and (3) send us an email if you'd like a private walking or driving tour of Million Dollar Markdowns:

02/05/10:  SuperBowl's not the only game in town, take a walking tour of Super Price Reductions

01/03/10:  Sneak Preview: Creating tours of "Million Dollar Markdowns" on Google City Tours

12/22/09:  Will luxury "short sales" drive housing prices down across MA?

10/28/08:  Million Dollar Markdowns translating to savings of over $100 per hour

07/20/08:  Part II: Million Dollar Markdowns coming to a neighborhood near you?

02/08/07:  December sales below assessed value added to Real Estate Bubble Map

01/25/07:  Sweetest Deals of 2006

05/27/05:  "That man is richest whose pleasures are cheapest" - Henry David Thoreau

If you're a homebuyer and would like to learn how to use "proactive house hunting strategies" to identify home buying opportunities in the "shadow inventory" (see final paragraph of Luxury for Less), send an email to The Real Estate Cafe to schedule an informal conversation.

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