National

February 4, 2009 7:21 AM

Mortgage limits hit luxury home market hard in California

California saw a 42.5 percent drop in home sales at $1 million or above last year, according to a report Tuesday by market researcher MDA DataQuick. A total of 24,436 homes sold in California last year for $1 million or more, DataQuick said. That was the lowest since 2003.

Related content

Comments

Videos

More Videos

Harnessing the power of water to turn it into electricity 03:51

Harnessing the power of water to turn it into electricity

Alice Through The Looking Glass 02:29

Alice Through The Looking Glass

Valley Fever: What you need to know 01:18

Valley Fever: What you need to know

Tourist films breathless brush with Everglades panther 00:17

Tourist films breathless brush with Everglades panther

Gunman shot by police at U.S. Capitol 01:04

Gunman shot by police at U.S. Capitol

Washington D.C. cherry blossom trees reach peak bloom 01:08

Washington D.C. cherry blossom trees reach peak bloom

Human Rights Campaign president calls on Hollywood to abandon Georgia if HB 757 becomes law 02:23

Human Rights Campaign president calls on Hollywood to abandon Georgia if HB 757 becomes law

NCAA Tournament by the numbers: Basketball, betting and business 01:46

NCAA Tournament by the numbers: Basketball, betting and business

The Brothers Grimsby 01:24

The Brothers Grimsby

Midnight Special 01:48

Midnight Special

Rebirth of a Transgender Teenager 04:45

Rebirth of a Transgender Teenager

Share Video

Nation & World Videos