Archive for the 'housing-2010' Category

The rich foreclose in spectacular fashion – Pasadena million dollar home has owners unable to pay the mortgage yet keep getting mortgages. The biggest Southern California foreclosure loss in Bel-Air.


5 reasons to rent in California for the next 12 months – Glut of vacancies, decreasing home sizes, banks get serious about short sales, and uncommon financial headwinds.


Real Homes of Genius – Cerritos California and 30 percent short sale price reductions. Can demographics save a city from the housing correction?


Gearing up for housing correction version 2.0 – 7 charts showing a 10 to 15 percent decline in home prices for U.S. housing in 2011.


Real Homes of Genius – 1 out of 21 distressed properties show up on the MLS for Pasadena. Examining four foreclosures in the Pasadena housing market.


Orange County housing daydreaming – Home prices in Orange County to increase by approximately 50 percent by 2016 according to UCLA. Why that forecast will not come to pass and other delusions of bubble markets.


Who will buy the homes of tomorrow? 2010 highest average monthly foreclosure filings on record. 330,000 average monthly foreclosure filings in the United States. Student loans and stagnant job growth will create anemic prospects for housing.


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