Archive for July, 2011

Lords of the shadow inventory – over 3 million homes locked away in shadow inventory near peak levels. Prices must fall to prevent massive drawn out drag to economy. California sold 38,000 homes in June but added 43,000 foreclosure filings.

This time is different for real estate – lower foreclosures yet home prices still moving lower or remaining stagnant. Psychology shifting and new trends emerging.

The worst may still be ahead for housing – 3 million homes foreclosed on in the last three years with another 5 to 7 million foreclosures in the pipeline. One third of homeowners believe they are underwater.

When was the last time California had a sensible housing market? You might be surprised at the answer. Inland Empire deals versus overpriced Orange County. Analyzing the delusion of the starter home in Culver City.

By Month:

By Category:

© 2016 Dr. Housing Bubble