Archive for the 'california budget' Category

Why California loves taxes, stock bubbles, and housing bubbles: State and county assessed property values up to $4.918 trillion, up 6 percent from last year.

What happens when investors pullback form the housing market? Cash sales volume down 21 percent in California year-over-year. Sales volume remains incredibly low as inventory builds up.

The four corners of the California housing market – Household formation, price dynamics, home sales, and the illusive foreign buyer.

A brave new economy – California budget implications for real estate – 4 key metrics highlighting a very weak California economy.

A tale of two California economies – Large budget battle looming in November. Los Angeles County has 38,000 properties in the shadow inventory with 16,000 of those having loan balances above $400,000.

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