The Real View

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The F-Word in Luxury Real Estate

Forecl-----.

Foreclosure ShockIt’s a word softly whispered when luxury homeowners in luxe communities like Palm Beach (33480), Beverly Hills (90210), Greenwich (06831) and Rancho Santa Fe (92067) discuss their local real estate markets.

Real estate prices have been declining in many of these markets throughout the country, and some of the heavily mortgage homes are ending up as foreclosure sales. The most prominent foreclosure victim of late is Ed McMahon, whose $5 million Beverly Hills mansion was recently lost to foreclosure.

This morning, CNNMoney reports that three of the richest US zip codes saw nasty declines in home prices for the three-month period ending April 30, when compared with the prior three months.

The three biggest losers?

Continue reading for some interesting surprises!

 


San Diego Real Estate

Luxury Home News

San Diego Nude Beach Threatened

Nude Beaches in San DiegoI’ve never really given much thought to San Diego County’s two nude beaches: Black’s Beach in La Jolla and San Onofre State Beach at the northern tip of San Diego County. Both are pretty remote-- and it appears the nudists are a pretty peaceable lot.

At least until this morning.

It was reported in this morning’s San Diego Union Tribune that San Onofre park rangers will start enforcing a ban on nudity September, 1, 2008. It seems there have been public complaints, and some park employees objected to working in a place where not everyone is clothed–which specifically targets the Trail 6 beach area at San Onofre.

And like other beach workers who object to picking up cigarette butts, used baby diapers and assosrted foul debris, maintenance workers at San Onofre State Beach object to occasionally having to pick up sex toys, condoms and other “paraphernalia.”

Guess it’s a long trek to carry those bags of debris up a remote and steep path that goes up a 60-foot cliff.

Can’t blame either group of park employees for their complaints–and many would personally campaign for users of all San Diego beaches to never leave any debris behind.

On the other side of this issue, nudists are proclaiming that their nudity is protected under First Amendment rights as “free speech” and the Naturist Society has issued an action alert, encouraging its members to email and send letters to politicians protesting the nudity ban.

It’s tempting to take my camera and authenticate this Active Rain blog article with photos, but I’ll pass on the assignment because I’m just not dressed for the terrain.

 

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