Who will buy the homes of tomorrow? 2010 highest average monthly foreclosure filings on record. 330,000 average monthly foreclosure filings in the United States. Student loans and stagnant job growth will create anemic prospects for housing.


Removing a generation of college educated graduates from purchasing homes – Higher education bubble will force many students to hold off on buying a home to service college loan debt. Renters take brunt of household correction. Demographic trends will put pressure on home and stock prices.


21,000 Los Angeles MLS homes versus 58,000 distressed properties. Southern California multi-million dollar CRE default. Retail spending up because rich are bored with the financial crisis.


The Second Correction – 6 SoCal Homes from 6 SoCal Counties Showing the Continued California Housing Correction.


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