Archive for September, 2009

California’s Financial Depression: Unemployment and Underemployment rate at Great Depression Levels. 23 Percent Unemployment for Biggest State in the Nation. California Will not see Housing Peak until 2030.


5 Reasons for Caution in the Stock Market and Housing Casino. Public Private Investment Program gives it a go. $64 Million Gives you Access to $1.3 Billion in Unpaid Principal.


Real Homes of Genius: Pasadena Home and Bring Your Own Bulldozer. Flipping Homes in the Worst Housing Market in a Century. Granite Countertop Redux.


Shadow Inventory Revisited: Silent Alt-A Mortgages, Southern California REO, and the Great Public Swindle.


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