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Real estate: Sales of $20-million-plus L.A. homes are rising – latimes.com

Posted by on July 9, 2011

A diamond-encrusted lining is emerging in Southern California’s cloudy real estate market.At least a half-dozen Westside mega-estates have sold for more than $20 million so far this year — creating a deafening buzz in local realty circles. Only a few home sales in other Southland counties have surpassed the $20-million mark.

On the horizon is the close of Candy Spelling’s larger-than-White-House-sized “Manor,” which has reigned supreme from its $150-million… (View original article)

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