Archive for the 'debt' Category

The destruction of traditional mortgage demand: Applications for mortgages hits a 14 year low and affordability for housing continues to decline.


What can you buy with $1 million in Southern California? Taking a look at Santa Monica, Arcadia, and San Marino. Some areas reach new peaks.


Who needs a mortgage? Cash sales continue to dominate market while mortgage applications run near levels last seen in 2000. Housing starts remain weak and expectations for price increases run wild.


Phantom household formation and the inability of the young to purchase real estate: Will we see a resurgence of young homeowners buying homes?


California is no place for the young home buyer: Homeownership rate for young buyers takes biggest hit in California. Domestic migration out, international migration in.


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