It turns out that some of the most expensive homes in Dallas are not immune to foreclosure.
In the last year and a half, over 130 million dollar + homes have been listed for foreclosure in the Dallas area, including many in Highland Park and Preston Hollow. Many owners are feeling the recession crunch while builders have been unable to move high-end homes, leading to a sharp increase in luxury bank-owned homes. The Dallas market now has a nearly 2 year supply of million dollar homes on the market, so bargain hunters should have plenty of options. Take a peek at the most recently listed million dollar foreclosures and short-sales and contact us to arrange a private viewing of any property!
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(all data current as of
2/6/2012)
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$1,239,900 : 1717 Riviera Drive, Plano5 beds, 4 full, 2 part baths
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$2,845,000 : 3914 Normandy Avenue, Highland Park6 beds, 6 full, 2 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
