Archive for February, 2012

A $983 mortgage payment in Southern California is now typical? Buyers commit to lowest mortgage payment in January of 2012 since May of 1999. What does this say about the current makeup of real estate sales?


The lower bound of the housing market – many locations in California will see prices decline in 2012 since banks and government intervention are maxing out. How can home prices go higher if household incomes are moving in the opposite direction? 21 percent underemployment rate in California.


The housing singularity and other housing oddities – more coverage on financial history in Mildred Pierce about SoCal housing bubble than all local networks combined. Geithner first to trial test his negative equity home as a rental?


The worst performing cities of Los Angeles County – Top 10 cities with annual price declines for 2011. The fundamental attribution error when applying a nationwide housing bottom to your bubble niche market.


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