Archive for March, 2012

Million dollar foreclosure hunter – The distressed inventory of Beverly Hills. Expensive properties with no mortgage payments. WaMu Alt-A mortgage products reappear in Beverly Hills.


Will 2012 begin the unclogging of 6,000,000 distressed properties? Over 40 percent of the 2 million active foreclosures stand with no payment in over two years and some with three years and more. Foreclosure starts surge 28 percent in last month of data. Mid-tier markets in Los Angeles and Orange County contract severely in 2011.


The brewing bubble in higher education – in 2000 student debt made up 3 percent of all household debt. Today it has doubled to 7.5 percent and has grown by 511 percent in the last decade.


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