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Kathleen Mueller's Advice

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Kathleen Mueller wrote:

What has the market decline been in the last year for homes in excess of 2 million?

That's a tough question to answer given the low number of homes sold in that price range over the past year.  The luxury market in the Coachella Valley has experienced a decline in value but not near the extent that the entry level homes have experienced of up to 50%.  Homes in the 2 million plus price range have shown a decrease around 30%.   
June 30 2010

Is a bathroom considered a full bath if it only has a shower. No tub

A bathroom with only a shower is considered a three quarter bathroom (.75). 
June 28 2010