Home equity is soaring, yet many owners are still underwater on loans

  In some inland California counties during the recession, toxic financing contributed to home value losses of 50% and higher. Yet today, thanks to the most vigorous marketplace rebound of any state, just above 11% of California homes are in negative equity. Homeowners’ equity holdings at the end of march totaled $10.8 trillion, the highest[…]

792 SUMMIT Drive Laguna Beach, CA 92651

792 SUMMIT Drive Laguna Beach, CA 92651  LG14028417 The former estate of a renown local artist, this ample home overlooks the picturesque tree lined coast of Woods Cove. The main house has 3 full bedroom suites, a loft office, living room, dining room, nook, family room with bar, office – all with grand ocean views.[…]