CA mansion for sale, cheap. OK, cheaper May 20,2008

Submitted by lusk-admin on Tue, 07/10/2012 - 16:56

...Finally, tighter lending standards and higher interest rates for jumbo mortgages -- those for more than $729,000 -- are making it harder for some people at the high end to get loans, said USC real estate professor Delores Conway.

Conway believes "sales activity will go up if there is more liquidity."...