Archive for August, 2010

Real Homes of Genius: Manhattan Beach and million dollar neighborhood trends. Commercial real estate and residential foreclosures meet in unlikely zip code. Forbes 29th most expensive zip code enters correction.

5 reasons why falling home prices will be good for the economy – Higher homes values does not mean higher home equity, financial sector profits back up to 30 percent of all corporate profits, the mortgage debt equation.

Countrywide and Pay Option ARMs on trial – The most toxic mortgage ever invented by mankind is now under trial by the SEC with Countrywide.

Los Angeles County real estate values overpriced by 30 percent after adjusting for inflation. Data from 2000 to 2010 and looking at Burbank, Pasadena, Culver City, Beverly Hills, and Santa Monica.

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