Archive for the 'housing-2010' Category

Laundering real estate – How dirty loans have made data on distressed inventory look better. 1 out of 5 US mortgages impaired. Jumbo loan market has completely evaporated.

Real Homes of Genius – The search for the biggest California foreclosures. Missing the housing peak in Beverly Hills. From $9.8 million to $7.25 million and counting. From $2.4 million to $1.3 million.

The four corners of the non-California economic recovery – Underemployment at 23 percent, affordability signifies bubble in prices, $25 billion budget deficit, no market is healthy when active foreclosures out number MLS non-distress inventory.

Real Homes of Genius – The mini face of foreclosure. Artesia lime green foreclosure selling for $119,000 but listed at 396 square feet. 600 square foot foreclosures in Compton and Stanton.

Real Homes of Genius – From $5.5 million to $2.7 million in Newport Coast. Million dollar foreclosures grow in Southern California elite housing markets.

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