Archive for the 'housing-2010' Category

Real Homes of Genius – Seal Beach home from a price listing of $2,900,000 to selling for $900,000. Chasing the housing market down.


13 of the most overpriced Los Angeles County zip codes. Housing correction shaving off $300,000 in one year for some elite zip codes. From Encino to Culver City.


American housing too expensive and the multi-income trap will not save the housing market. Banks have laundered their bad bets through the Federal Reserve and GSEs while working and middle class income has eroded.


Real Homes of Genius – Banks listing foreclosures at 30 percent off peak prices. From a $1.5 million home to a $630,000 home. Huntington Beach faces major price corrections.


Housing market will get much worse before it gets better. How far are we from a normal housing market? 4.3 million distressed properties away from normalcy.


Squeezing the prudent middle class homeowner – how deadbeat debt borrowers and shady banks are siphoning the wallets of prudent Americans dry. Trying to get a million dollar home for free in Simi Valley.


Lessons from a housing bubble city, Thousand Oaks California. 74 percent owner occupied housing units with a median home price of $615,000. Median household income of $100,000 cannot support current prices. Million dollar foreclosure going for $712,000.


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