Archive for the 'foreclosures' Category

9.3 million Americans went through a foreclosure or short sale between 2006 and 2014: Home shopping in Compton California.

The return of the broke homeowner: Between 2006 and 2014 9.3 million homeowners were foreclosed on, received a DIL or short sold.

The drought of young California home buyers: Unaffordable housing reigns supreme as first time home buyers squeezed out of market. Of 7,000,000 completed foreclosures since 2005, 1 million occurred in California.

A mortuary of 7,000,000 foreclosures and counting: Nation still faces 9.1 million properties that are seriously underwater.

In California buying is about timing and speculation: Since 2000 the California housing market has experienced more dramatic booms and busts courtesy of speculation, investors, and new financial products.

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