Dr. Housing Bubble Blog » california budget http://www.doctorhousingbubble.com How I Learned to Love Southern California and Forget the Housing Bubble Tue, 07 Feb 2012 23:56:56 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Mark to fantasy model of real estate accounting. California property assessments down only 4 percent from peak but home values are down by 37 percent. FHA default rates surge. http://www.doctorhousingbubble.com/mark-fantasy-model-real-estate-accounting-california-property-assessments-down-taxes-fha-defaults-surge-again/ http://www.doctorhousingbubble.com/mark-fantasy-model-real-estate-accounting-california-property-assessments-down-taxes-fha-defaults-surge-again/#comments Tue, 15 Nov 2011 21:54:42 +0000 drhousingbubble http://www.doctorhousingbubble.com/?p=5090 http://www.doctorhousingbubble.com/mark-fantasy-model-real-estate-accounting-california-property-assessments-down-taxes-fha-defaults-surge-again/feed/ 92 Manic California – state budget gets worse with projected deficit of $20 billion on the books again. Aging population fastest growing segment in next decade. Disturbing trend of replacing smoking with a double latte. http://www.doctorhousingbubble.com/manic-california-state-budget-projected-deficit-20-billion-aging-population-fastest-growing-segment/ http://www.doctorhousingbubble.com/manic-california-state-budget-projected-deficit-20-billion-aging-population-fastest-growing-segment/#comments Sun, 13 Nov 2011 16:41:08 +0000 drhousingbubble http://www.doctorhousingbubble.com/?p=5081 http://www.doctorhousingbubble.com/manic-california-state-budget-projected-deficit-20-billion-aging-population-fastest-growing-segment/feed/ 70 I dream of California cognitive dissonance – Many Californians expect high level of services without paying the cost. The typical mortgage payment for those that bought last month was $964? http://www.doctorhousingbubble.com/dream-of-california-cognitive-dissonance-low-mortgage-payment-fewer-home-sales-more-notice-of-defaults/ http://www.doctorhousingbubble.com/dream-of-california-cognitive-dissonance-low-mortgage-payment-fewer-home-sales-more-notice-of-defaults/#comments Wed, 19 Oct 2011 15:51:19 +0000 drhousingbubble http://www.doctorhousingbubble.com/?p=5024 http://www.doctorhousingbubble.com/dream-of-california-cognitive-dissonance-low-mortgage-payment-fewer-home-sales-more-notice-of-defaults/feed/ 80 Empire in the California Sun – Home prices in California rose 109 percent from 2001 to 2006 and have fallen 37 percent since then reaching post bubble lows. California following Tokyo housing correction trend. 50 year trend between fixed mortgage rates and new home sales broken. http://www.doctorhousingbubble.com/empire-in-the-california-sun-home-prices-rose-109-percent-5-years-california-tokyo-real-estate-trends-30-year-mortgage/ http://www.doctorhousingbubble.com/empire-in-the-california-sun-home-prices-rose-109-percent-5-years-california-tokyo-real-estate-trends-30-year-mortgage/#comments Mon, 12 Sep 2011 07:00:39 +0000 drhousingbubble http://www.doctorhousingbubble.com/?p=4907 http://www.doctorhousingbubble.com/empire-in-the-california-sun-home-prices-rose-109-percent-5-years-california-tokyo-real-estate-trends-30-year-mortgage/feed/ 59 California home prices 50 percent off March 2007 peak – Why California home prices will be impacted by multi-year state budget deficits, higher interest rates, and a backlog of distressed properties. http://www.doctorhousingbubble.com/california-home-prices-50-percent-off-march-2007-peak-why-california-home-prices-will-be-impacted-by-multi-year-state-budget-deficits/ http://www.doctorhousingbubble.com/california-home-prices-50-percent-off-march-2007-peak-why-california-home-prices-will-be-impacted-by-multi-year-state-budget-deficits/#comments Sun, 27 Mar 2011 19:38:00 +0000 drhousingbubble http://www.doctorhousingbubble.com/?p=4414 http://www.doctorhousingbubble.com/california-home-prices-50-percent-off-march-2007-peak-why-california-home-prices-will-be-impacted-by-multi-year-state-budget-deficits/feed/ 110