Archive for July, 2010

3 housing stories that’ll surprise you – FHA only starting to tighten loans standards (for real this time, maybe), deed-in-lieu of foreclosures growing, and fining banks for neglected properties. BofA FHA insured delinquent loans increase nearly 200 percent in one year.


Don’t bet on a 2010 economic recovery. 10 stunning charts showing no housing recovery moving forward and weak employment growth. Employment, construction spending, commercial real estate, home prices, and consumer sentiment.


Real City of Genius – Substitution effect – Culver City real estate inventory highest since 2008 as median square price declines. Selling bigger homes for less and condo sales dominate.


Where did the option ARMs go? Cheaper to pay modified loan than paying market rents. Subsidizing the housing market through shadow finance. Interest only payment 10 percent cheaper than market rents.


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