Archive for September, 2010

Real Homes of Genius – Agoura Hills and a $280,000 discount on a once million dollar home. The expensive foreclosures are now hitting the Southern California market.


The new California Dream involves renting – 5 reasons why renting in California today makes sense over buying a home. Home prices still in a bubble, mortgage rates, and economy.


Real Homes of Genius – Palms Mar Vista correction. From $740,000 to $540,000 and still overpriced. The Westside of L.A. enters an accelerating correction.


Southern California housing market indicators update for the end of September 2010 – MLS inventory up, NODs sharply up, and rumors of banks taking more action on foreclosures.


Revisiting option ARM data – Bank of America, Wells Fargo, and JP Morgan still have over $160 billion in option ARM loans outstanding. Over 250,000 option ARMs in California still active.


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