High Value foreclosures

Is there a market for 500k plus residential foreclosure properties?

Are you asking whether or not people with homes above 500k are being foreclosed?

If so, the Answer is yes. I work with a company that processes short sales nationwide, but I myself am based out of Los Angeles and there is a Huge market for multimillion dollar properties in LA. I guess it depends where you are, but they are definitely out there.