Archive for September, 2012

Young and living at home – Record percent of 25 to 34 year olds living with parents. Los Angeles employment figures back to 1990 levels. Rents rising are merely a sign of a squeeze on standard of living.

Welcome back California home flippers! Home flipping is back in fashion. 852 square foot home in hipster LA neighborhood bought for $211,000 in 2010 and flipped for more than double the price this year.

Managing shadow inventory – California home prices up 12 percent year-over-year while household incomes remain stagnant.

The hidden cost of easy financing – the cost of big debt and the future of the young home buyer. Mortgage rates nearly twice as low compared to student loans.

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