Archive for the 'california budget' Category

5 reasons why California will face another lost decade in housing – 493,000 real estate agents and brokers for 219,000 homes listed on the MLS. 7 percent of 90+ day late loans in California have no foreclosure filed. State budget depended on real estate bubble jobs for revenues.

California budget and housing are interlinked – California home sales spike but prices remain near the trough. Why California housing values cannot increase without income and employment growth.

   Property Management Software

   Property Management

   property management software

   Property Management Software

   Pay Rent                      Patio Furniture

   Direct payday loans        free credit reports

   For Sale by Owner         leeds letting agents

   Boca Raton Real Estate  Foreclosures

   Manhattan Real Estate    Leather Sofa

   Office Suites                 cash advance loans

   Property Management    Online payday loans

   Homes for Sale              For Sale by Owner

   Florida Real Estate         

   Online Furniture Store    Bunk Beds

Top 5 Articles This Month

• Banks cherry picking individual foreclosures that show up on the MLS in Culver City and Pasadena with proof: Southern California lenders pushing out properties in Culver City with an average price tag of $300,000. Median sale price for city is $600,000. Shadow inventory average price is $443,000 with loans at an average of $552,000. 141,000 homes in Southern California are distressed yet MLS only reflects 83,000 total properties. 44 comment(s)
• Japan Iwato and Heisei stock and housing bubbles – How the U.S. is following in the path of Japan. Real estate lost decade, technology stock market bust, quantitative easing, and mania inducing monetary policy. 40 comment(s)
• Real City of Genius – The Westside of Los Angeles. Three short sales in Palms, Santa Monica, and Culver City. $100k to $300k in discounts in prime Southern California locations. Short sales still too expensive even with large discounts 40 comment(s)
• California real estate foreclosure math – Notice of defaults decline while actual foreclosures increase. Why are notices of default falling while those falling behind on their mortgage are still at record levels? The 550,000+ California properties in distressed limbo. 17 comment(s)
• American Savings: Americans Save an Average of $392 Per Year. Total Consumer Debt is over $2.5 Trillion. The Dark Knight of Debt. 27 comment(s)

Better trade

Recent Comments

• CPA in FW: Wow, didn’t mean to start a culture/opinion war with my comments. Everyone knows that Texas is...
• Betty: CPA in Fortworth TX, most people in SoCal already own a home, so it is taking the equity out(many people have...
• Mike T.: Look…. Texas sucks. Period. I lived in the Dallas/Fort Worth area for two years and would never move...
• freddy in chatsworth: People, get out more. Texas has some incredibly beautiful places. You have to get off the...
• Laura Louzader: In Shaker Heights, lovely condos are being given away. I viewed on the MLS three immense beautiful...

Top Commentators

Topics

• allen stanford
• alt-a
• baby-boomers
• bailout
• bank failure
• banking
• bankruptcy
• Blogroll
• california budget
• California Love
• california-equity-giants
• credit cards
• credit crisis
• debt
• employment
• Fannie Mae
• federal reserve
• fha loans
• flipping
• foreclosures
• fraud
• Freddie Mac
• global crisis
• gold
• Great Depression
• HAMP
• home builders
• homepath
• hope now alliance
• housing valuation
• housing-2007
• housing-2008
• housing-2009
• housing-2010
• housing-data
• housing-humor
• investment fraud
• japan asset bubble
• jumbo loans
• Keeping up with the Joneses
• lehman brothers
• loan modifications
• luxury homes
• mainstream-media
• market analysis
• market history
• million dollar homes
• money
• mortgage-fraud
• mortgages
• option arms
• psychology
• real city of genius
• real-estate
• real-homes-of-genius
• realtors
• revolving-debt
• shadow inventory
• short sale report
• SIGTARP
• social-security
• soft-landing
• southern-california-housing
• strategic default
• super-SIV-delicious
• Uncategorized
• us dollar
• wall street
• westside
• write-downs
• Zillow

Blogroll

Politics, Economics, and Wealth


• Bull! Not Bull!
• Calculated Risk
• Clive Maund
• Commonsense Forecaster
• Credit Bubble Stocks
• Daneric's Elliott Waves
• Digeratilife
• *Dollar Collapse
• Economist's View
• E-Finance Directory
• FallStreet
• Expected Returns
• Fiend SuperBear
• Finance my Money
• Financial Armageddon
• *Financial Sense
• Global Crash Forum
• Gold Globe Perspective
• Home Gain
• In Debt We Trust Movie
• James Howard Kunstler
• Jesse's Cafe Americain
• Max Keiser
• Minyanville
• Mr. Mortgage Blog
• Mish's Global Economic Trend Analysis
• My Budget 360
• Itulip.com
• The Mess That Greenspan Made
• Multi Family Investor
• Peak Economy
• Of Two Minds
• SteveQuayle.com
• Sudden Debt
• Survival Blog
• Stop the Housing Bailout
• 24hGold
• Wall St. Cheat Sheet
• W.C. Varones Blog
• Zero Hedge


Southern California Real Estate


• *Bubble Markets Inventory Tracking
• *Bubble Meter
• California Housing Forecast
• Coto Housing Blog
• Housing Blog: Arcadia
• *Irvine Housing Blog
• LA Times Land Blog
• Lanser on Real Estate - OC
• Long Beach RE Blog
• Manhattan Beach Confidential
• Mortgage Insider
• Piggington's Econo-Almanac (San Diego Info)
• *Southern California Real Estate Bubble Crash
• The Rancid Truth
• WestsideREmeltdown


Central and Northern California Real Estate


• *Patrick.net Links
• *Patrick.net
• Sacramento Land(ing)
• Sonoma Housing Bubble


National Real Estate


• Blown Mortgage
• Boom 2 Bust
• Countrywide-Foreclosures Blog
• David Lereah Watch
• Great Depression of 2006
• Housing Boom
• House Bubble
• Housing Storm
• Housing Bubble Bust
• Housing Chronicles
• Housing Panic
• HousingTracker (Real Estate Market Stats)
• Housingwire
• I Am Facing Foreclosure
• Mortgage Fraud Blog
• *Mortgage Lender Implode-O-Meter
• My Two Cents
• National Bubble
• NeighborCity
• Paper Economy
• Real Estate Decline
• Speculative Bubble Headlines
• The Bubble Buster


Regional Housing Blogs


• Baltimore Housing Bubble
• Denver Housing Bubble
• Housing Doom Blog
• Long Island Bubble
• Northern VA Housing Bubble
• Portland Housing Blog
• Miami Condo Forum
• South Florida Housing Bubble
• UK Housing Bubble

Other Housing Related Sites


• Daytona Beach Real Estate


*Must Read Sites

Housing Data and Finance Blogs


• CA Real Estate Agents (Number from DRE)
• Foreclosure Report
• Google
• History of a Housing Bubble - LA Times Archive From Previous Housing Bubble
• My 1st Million at 33
• Real Estate Cycles (1800 - 2005)