Archive for the 'short sale report' Category

Is the condo market a leading indicator of lower home prices in cities? Culver City condo selling close to 1989 price. Culver City condo market shows dramatic price decreases.


Short sales and the process of flopping – Short sale fraud will cost lenders $375 million this year. Short sale fraud and asymmetrical information keeps deals away from public.


The three faces of the California housing correction – a Burbank condo, a single family home in Hacienda Heights, and an investment property in Burbank.


The reluctant California home seller – 35 percent of homes bought pre-2000 in California yet sellers still expect unrealistic prices. Market dominated by distressed properties of foreclosures and short sales. La Mirada wakes up to mid-tier shadow inventory correction.


The surge of distressed properties in Burbank California – 435 shadow inventory properties when only 39 make it to the MLS. Foreclosure filings surge in California as Bank of America starts up the shadow inventory clearing machine.


Corona del Mar enters real estate correction – sub-$1 million short sale goes below 2003 sales price. $4 million of visible distressed real estate but $53 million in shadow inventory for tiny Corona del Mar.


Beverly Hills short sale selling for $2.15 million and below the $3.3 million in loans. Beverly Hills has 3 foreclosures listed on the MLS but 107 are currently active.


By Month:



By Category:

© 2012 Dr. Housing Bubble