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Million Dollar Foreclosures

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High-End Housing, High Anxiety

As the foreclosure rate in the low-to-mid -income housing market shows some signs of stabilizing, the rate for the high-end, or luxury, market is increasing. Here's a list of some bank-owned properties, known as REO, priced over a million dollars, which are currently on the market.
Photo credit: Windermere Real Estate

As the foreclosure rate in the low-to-mid -income housing market shows some signs of stabilizing, the rate for the high-end, or luxury, market is increasing. Here's a list of some bank-owned properties currently on the market—priced for more than a million dollars.

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Posted May 7, 2010

Boulder, Colo.

: $1.1 million Five bedrooms, seven bathrooms and three garages are some of the features of this modern home with views of the Rocky Mountains. »
Photo credit: Realtor.com

Price: $1.1 million

Five bedrooms, seven bathrooms and three separate garages are some of the features of this modern home with views of the Rocky Mountains.

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Chicago, Ill.

: $1.15 million Located in the landmark Palmolive Building on Chicago’s Gold Coast, this condo has two-bedrooms, a fireplace and lake views. »
Photo credit: Sudler Sotheby’s International Realty

Price: $1.15 million

Located in the landmark Palmolive Building on Chicago’s Gold Coast, this condo has two-bedrooms, a fireplace and lake views.

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Bellingham, Wash.

Price: $1.3 million This condo, located about 80 miles north of Seattle and 45 miles south of Vancouver, has views of Bellingham Bay from its floor-to-ceiling windows. Three other apartments in the same building are also available. »
Photo credit: Windermere Real Estate

Price: $1.3 million

This condo, located about 80 miles north of Seattle and 45 miles south of Vancouver, has views of Bellingham Bay from its floor-to-ceiling windows. Three other apartments in the same building are also available.

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Concord, N.C.

: $1.395 million Custom built in a gated community, the home has five bedrooms, a three-car garage and a bonus room with a built in wet bar. »
Photo credit: RE/MAX

Price: $1.395 million

Custom built in a gated community, the home has five bedrooms, a three-car garage and a bonus room with a built in wet bar.

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Fort Mill, S.C.

: $1.148 million Built in a golf community, this near-new home was lived in for only a few of months before it went on the market. »
Photo credit: Stephen Scott; RE/MAX

Price: $1.148 million

Built in a golf community, this new home was lived in for only a few of months before it went on the market.

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Milwaukie, Ore.

: $1.495 million Situated on Willamette River, the 7,000-square-foot home has water views and a private sandy beach. »
Photo credit: Realtor.com

Price: $1.495 million

Situated on Willamette River, the 7,000-square-foot home has water views and a private sandy beach.

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Paradise Valley, Ariz.

: $2.45 million The outdoor space on this one-acre property has several amentities, including a swimming pool, lush gardens and a built-in barbeque. »
Photo credit: Realtor.com

Price: $2.45 million

The outdoor space on this one-acre property has several amentities, including a swimming pool, lush gardens and a built-in barbeque.

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Captiva, Fla.

: $3.65 million This 4,800-square-foot home sits on Captiva Island, giving it some 150 feet of water frontage. »
Photo credit: McMurray and Nette of VIP Realty Group, Inc.

Price: $3.65 million

This 4,800-square-foot home sits on Captiva Island, giving it some 150 feet of water frontage.

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Coral Gables, Fla.

: $5.7 million This six-bedroom, 6,900-square-foot home has views of Biscayne Bay and access to the water via a private dock. »
Photo credit: Realtor.com

Price: $5.7 million

This six-bedroom, 6,900-square-foot home has views of Biscayne Bay and access to the water via a private dock.

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