Archive for March, 2012

FHA insured loans have stepped in to fill a gaping void left from low down payment mortgage products. The risk and consequence for this action is now coming home to roost in a dramatic fashion.

Short sales and foreclosures made up 52 percent of all recent Southern California home sales – Lenders aggressively pricing lower-end properties to move. Two Pasadena examples.

The future of the American housing market just became more complicated: The impact of the mortgage settlement and financial tectonic plates shifting.

The question of housing affordability – 17 US markets near potential price bottoms. Two are in Southern California. Southern California also has counties where mid-tier cities are overpriced and continue to correct.

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