The drought of young California home buyers: Unaffordable housing reigns supreme as first time home buyers squeezed out of market. Of 7,000,000 completed foreclosures since 2005, 1 million occurred in California.


Who needs a mortgage? Cash sales continue to dominate market while mortgage applications run near levels last seen in 2000. Housing starts remain weak and expectations for price increases run wild.


A mortuary of 7,000,000 foreclosures and counting: Nation still faces 9.1 million properties that are seriously underwater.


Welcome to Feudalfornia: the golden sarcophagus and the investor. Acceleration to price out masses.


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© 2016 Dr. Housing Bubble