Archive for the 'alt-a' Category

13 of the most overpriced Los Angeles County zip codes. Housing correction shaving off $300,000 in one year for some elite zip codes. From Encino to Culver City.


Real Homes of Genius – Banks listing foreclosures at 30 percent off peak prices. From a $1.5 million home to a $630,000 home. Huntington Beach faces major price corrections.


Squeezing the prudent middle class homeowner – how deadbeat debt borrowers and shady banks are siphoning the wallets of prudent Americans dry. Trying to get a million dollar home for free in Simi Valley.


Lessons from a housing bubble city, Thousand Oaks California. 74 percent owner occupied housing units with a median home price of $615,000. Median household income of $100,000 cannot support current prices. Million dollar foreclosure going for $712,000.


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