Archive for the 'bailout' Category

2012 the year of the short sale – Short sales over 50 percent of all MLS inventory in Southern California. Beware of costs like PMI, HOAs, and Mello-Roos.


Groundhog Day – California budget deficits pop up once again. California hyper cyclical with tax policy. What does a normal housing market for California look like?


FHA insured loans have stepped in to fill a gaping void left from low down payment mortgage products. The risk and consequence for this action is now coming home to roost in a dramatic fashion.


The future of the American housing market just became more complicated: The impact of the mortgage settlement and financial tectonic plates shifting.


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