Archive for the 'bailout' Category

Foreclosure amnesia – California distressed inventory still larger than non-distressed properties. The psychological push to buy with low interest rates. The new marketing to purchase homes.


A brave new economy – California budget implications for real estate – 4 key metrics highlighting a very weak California economy.


Will the FHA require a bailout? – 12,000,000 underwater mortgages 3,000,000 are FHA insured loans. 1 million underwater mortgages originated in last two years.


Living the California debt based dream – adjustable rate mortgages and bankruptcies. Bankruptcies in California increased 557 percent from 2006 to 2011.


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