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PriceChopper: Bel Air Edward Fickett Drops

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Where are the numbers on how this recession is affecting owners of architect homes? Because some architectural supervillain with a lot of money could pretty much corner the market on LA-area Schindlers and Ficketts right now. Here's another Edward Fickett (it joins the foreclosure in Nichols Canyon and the Historic-Cultural Monument in Los Feliz), this one in Bel Air. It's a 1960 four bedroom, four bathroom with a two-sided fireplace, pool, terrace, and gazebo. The present owners bought the house in 2006 for $2.44 million so their initial listing price of $2.499 million back in November seems reasonable enough. Still, it remains unbought and today was chopped down to $2.099 million.
· 15506 HAMNER Dr [Redfin]
· New To Market: Edward Fickett-Designed Foreclosure In Nichols Canyon [Curbed LA]
· New to Market: Architect Edward Fickett in Los Feliz [Curbed LA]