Archive for the 'mainstream-media' Category

The arrival of housing purgatory – Why is housing experiencing one of its worst sales years even with the 30 year fixed rate mortgage breaking into the 3 percent range? A case as to why housing will remain a poor investment deep into 2015.


The California problem of making too many renters into home owners – Home ownership rate back to levels last seen in 1993. From 2000 to 2010 population increased by 10 percent but owner-occupied housing jumped by 25 percent. Prime Encino zip code with 6 MLS foreclosures but 96 properties in the shadow inventory.


The California contradiction – Record high unemployment and highest home prices in the nation. Share of Californians employed at record low levels and July home sales forecast dire home price cuts moving ahead. During bubble years July home sales came in at over 60,000 for the month while last July they came in at 34,000.


If you build it, they won’t come – Why are new home sales not getting the summer bounce with 30 year mortgage rates at historical lows? Prop 13 and the housing lottery in California.


Till debt do us part – financial collapse foreshadows second collapse in housing. Million dollar troubles in Beverly Hills. 2 million tax filers disappear in latest tax data.


By Month:



By Category:

© 2016 Dr. Housing Bubble