Archive for April, 2012

A tale of two California economies – Large budget battle looming in November. Los Angeles County has 38,000 properties in the shadow inventory with 16,000 of those having loan balances above $400,000.


The crashing US housing metro areas – Atlanta home values crash by 17 percent in last year and Las Vegas continues to move lower. Chicago, Los Angeles, and San Francisco continue to make post-bubble lows.


The collapsing prices in Irvine condos – two zip codes see year over year price drops of 40 percent. Shadow inventory in Irvine is bigger than non-distressed MLS inventory.


The incoming bailouts for the government mortgage complex and student debt markets – 15 percent of FHA insured loans are 30+ days delinquent. Total first mortgage market fell by $600 billion since 2007 yet government backed mortgages rose by $1.1 trillion.


« Previous Entries

By Month:



By Category:

© 2016 Dr. Housing Bubble