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	<title>Dr. Housing Bubble Blog &#187; luxury homes</title>
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	<link>http://www.doctorhousingbubble.com</link>
	<description>How I Learned to Love Southern California and Forget the Housing Bubble</description>
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		<title>Malibu housing correction – 2005 saw 50,000+ million dollar home sales in California.  In 2010 it was roughly 20,000.  Malibu REOs listed at 15 but shadow inventory above 100+ in a prime SoCal beachfront city.</title>
		<link>http://www.doctorhousingbubble.com/malibu-housing-correction-malibu-reos-big-price-cuts-prime-socal-luxury-million-dollar-california-homes/</link>
		<comments>http://www.doctorhousingbubble.com/malibu-housing-correction-malibu-reos-big-price-cuts-prime-socal-luxury-million-dollar-california-homes/#comments</comments>
		<pubDate>Tue, 31 Jan 2012 23:13:08 +0000</pubDate>
		<dc:creator>drhousingbubble</dc:creator>
				<category><![CDATA[alt-a]]></category>
		<category><![CDATA[banking]]></category>
		<category><![CDATA[California Love]]></category>
		<category><![CDATA[california-equity-giants]]></category>
		<category><![CDATA[housing 2012]]></category>
		<category><![CDATA[housing valuation]]></category>
		<category><![CDATA[luxury homes]]></category>
		<category><![CDATA[southern-california-housing]]></category>
		<category><![CDATA[million dollar foreclosures]]></category>
		<category><![CDATA[reos]]></category>
		<category><![CDATA[shadow inventory]]></category>

		<guid isPermaLink="false">http://www.doctorhousingbubble.com/?p=5298</guid>
		<description><![CDATA[The recent housing data seems to come as a monstrous shock to most reporters.  What in the world is happening with lower home prices if mortgage rates are at all-time lows?  Contrary to the fact that for the past decade mortgage rates were already at comically low levels thanks to an activist Federal Reserve, demand [...]]]></description>
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		<slash:comments>32</slash:comments>
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		<title>A tour of 3 million-dollar foreclosures in Southern California – Calabasas, Bel-Air, and Brentwood.  A $2.2 million dollar rental?  Brentwood lists 1 home as a foreclosure on the MLS but has 90 homes in the shadow inventory.</title>
		<link>http://www.doctorhousingbubble.com/a-tour-3-million-dollar-foreclosures-southern-california-calabasas-bel-air-brentwood-million-dollar-rental/</link>
		<comments>http://www.doctorhousingbubble.com/a-tour-3-million-dollar-foreclosures-southern-california-calabasas-bel-air-brentwood-million-dollar-rental/#comments</comments>
		<pubDate>Tue, 10 Jan 2012 18:36:49 +0000</pubDate>
		<dc:creator>drhousingbubble</dc:creator>
				<category><![CDATA[bailout]]></category>
		<category><![CDATA[California Love]]></category>
		<category><![CDATA[california-equity-giants]]></category>
		<category><![CDATA[foreclosures]]></category>
		<category><![CDATA[luxury homes]]></category>
		<category><![CDATA[california real estate]]></category>
		<category><![CDATA[luxury real estate]]></category>
		<category><![CDATA[million dollar homes]]></category>
		<category><![CDATA[reos]]></category>

		<guid isPermaLink="false">http://www.doctorhousingbubble.com/?p=5244</guid>
		<description><![CDATA[The core problem with the current housing market is that most of the current activity is being driven by distressed sales.  When mortgage rates were lowered, instead of boosting new home buyer activity you really saw a large surge of refinancing activity from those who already own.  Good news if you own a home but [...]]]></description>
		<wfw:commentRss>http://www.doctorhousingbubble.com/a-tour-3-million-dollar-foreclosures-southern-california-calabasas-bel-air-brentwood-million-dollar-rental/feed/</wfw:commentRss>
		<slash:comments>32</slash:comments>
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		<title>Real Homes of Genius – Prime Bel-Air zip code lists only 1 foreclosure while shadow inventory has 56 properties, twice the entire MLS data.  Chasing the market down from $1.5 million to $870,000.</title>
		<link>http://www.doctorhousingbubble.com/prime-bel-air-zip-code-lists-only-1-foreclosure-shadow-inventory-56-times-larger-socal-real-estate-bubble/</link>
		<comments>http://www.doctorhousingbubble.com/prime-bel-air-zip-code-lists-only-1-foreclosure-shadow-inventory-56-times-larger-socal-real-estate-bubble/#comments</comments>
		<pubDate>Sun, 21 Aug 2011 16:06:12 +0000</pubDate>
		<dc:creator>drhousingbubble</dc:creator>
				<category><![CDATA[alt-a]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[California Love]]></category>
		<category><![CDATA[california-equity-giants]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[foreclosures]]></category>
		<category><![CDATA[housing 2011]]></category>
		<category><![CDATA[Keeping up with the Joneses]]></category>
		<category><![CDATA[luxury homes]]></category>
		<category><![CDATA[million dollar homes]]></category>
		<category><![CDATA[real-estate]]></category>
		<category><![CDATA[real-homes-of-genius]]></category>
		<category><![CDATA[southern-california-housing]]></category>
		<category><![CDATA[bel-air]]></category>
		<category><![CDATA[bel-air real estate]]></category>
		<category><![CDATA[incomes]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[socal real estate]]></category>

		<guid isPermaLink="false">http://www.doctorhousingbubble.com/?p=4853</guid>
		<description><![CDATA[Last week the California unemployment rate shot back up to 12 percent.  Couple this with the underperformance of revenue for the state and we have heavy headwinds ahead.  It will be a herculean effort for home prices to remain inflated in bubble markets as the economy and incomes slump.  Part of what has held up [...]]]></description>
		<wfw:commentRss>http://www.doctorhousingbubble.com/prime-bel-air-zip-code-lists-only-1-foreclosure-shadow-inventory-56-times-larger-socal-real-estate-bubble/feed/</wfw:commentRss>
		<slash:comments>45</slash:comments>
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		<title>Bargain hunting in Beverly Hills and the 90210 zip code – A place for under $500,000 in the 90210?  When the housing crash hits aspirational neighborhoods.</title>
		<link>http://www.doctorhousingbubble.com/bargain-hunting-beverly-hills-90210-zip-code-a-place-for-under-500000-in-90210/</link>
		<comments>http://www.doctorhousingbubble.com/bargain-hunting-beverly-hills-90210-zip-code-a-place-for-under-500000-in-90210/#comments</comments>
		<pubDate>Tue, 28 Jun 2011 15:24:37 +0000</pubDate>
		<dc:creator>drhousingbubble</dc:creator>
				<category><![CDATA[alt-a]]></category>
		<category><![CDATA[California Love]]></category>
		<category><![CDATA[california-equity-giants]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[housing 2011]]></category>
		<category><![CDATA[housing-data]]></category>
		<category><![CDATA[Keeping up with the Joneses]]></category>
		<category><![CDATA[luxury homes]]></category>
		<category><![CDATA[southern-california-housing]]></category>
		<category><![CDATA[westside]]></category>
		<category><![CDATA[california housing]]></category>
		<category><![CDATA[california real estate]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[foreclosures]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[money]]></category>

		<guid isPermaLink="false">http://www.doctorhousingbubble.com/?p=4704</guid>
		<description><![CDATA[It isn’t often that you can go bargain hunting for a place to live in Beverly Hills.  The famous 90210 zip code in Los Angeles is not immune to the global real estate correction.  Prices are falling simply because that is the natural outcome of a bubble bursting.  The immense shadow inventory and lack of [...]]]></description>
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		<slash:comments>39</slash:comments>
		</item>
		<item>
		<title>Real Homes of Genius: Calabasas million dollar foreclosure and multiple foreclosures on La Mirada block with shadow inventory.  Home sellers competing with invisible sellers.  $500,000 and $2 million home purchases with 100 percent financing deals.</title>
		<link>http://www.doctorhousingbubble.com/calabasas-home-foreclosure-nod-la-mirada-100-percent-financing-deals-california-housing-prime-areas-financial-correction/</link>
		<comments>http://www.doctorhousingbubble.com/calabasas-home-foreclosure-nod-la-mirada-100-percent-financing-deals-california-housing-prime-areas-financial-correction/#comments</comments>
		<pubDate>Tue, 08 Jun 2010 16:32:37 +0000</pubDate>
		<dc:creator>drhousingbubble</dc:creator>
				<category><![CDATA[banking]]></category>
		<category><![CDATA[California Love]]></category>
		<category><![CDATA[california-equity-giants]]></category>
		<category><![CDATA[debt]]></category>
		<category><![CDATA[foreclosures]]></category>
		<category><![CDATA[housing-2010]]></category>
		<category><![CDATA[housing-data]]></category>
		<category><![CDATA[luxury homes]]></category>
		<category><![CDATA[market analysis]]></category>
		<category><![CDATA[mortgages]]></category>
		<category><![CDATA[real-homes-of-genius]]></category>
		<category><![CDATA[southern-california-housing]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[foreclosure]]></category>
		<category><![CDATA[housing]]></category>
		<category><![CDATA[loans]]></category>
		<category><![CDATA[nod]]></category>
		<category><![CDATA[southern california real estate]]></category>

		<guid isPermaLink="false">http://www.doctorhousingbubble.com/?p=3350</guid>
		<description><![CDATA[The second wave of foreclosures is now selectively hitting higher priced regions in California.  Some areas remain more resistant to price adjustments but given underlying fundamentals, it is merely a matter of time before they face price adjustments as well.  The California economy has shown no sign of recovery so to speak of a real [...]]]></description>
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		<slash:comments>20</slash:comments>
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