Archive for the 'california budget' Category

California budget means lean times for the state – 5 reasons why the California economy will lag for years to come. High paying jobs gone, shadow inventory, state taxes, and re-writing history.


The Muddle Years – Why the California economy is destined for years of slow growth and declining home values. 10 charts showing California still deep in recession and no state budget as we enter September.


5 reasons why the California real estate market will weaken from August to December of 2010: California budget delay, inventory growth, and three other important factors.


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.


California Underemployment Rate at 24 Percent – 100,000 Workers Will Lose their Unemployment Insurance. No Housing Recovery can be had without Employment Recovering.


California Budget and Mega Housing Analysis – MLS Listing Shows 115,000 Homes and Shadow Inventory has 273,000 Homes Statewide. Cities Running out of Money and Tax Collections at 2000 Levels.


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