Archive for the 'bailout' Category

California budget means lean times for the state – 5 reasons why the California economy will lag for years to come. High paying jobs gone, shadow inventory, state taxes, and re-writing history.


Real Homes of Genius – Agoura Hills and a $280,000 discount on a once million dollar home. The expensive foreclosures are now hitting the Southern California market.


Removing a generation of college educated graduates from purchasing homes – Higher education bubble will force many students to hold off on buying a home to service college loan debt. Renters take brunt of household correction. Demographic trends will put pressure on home and stock prices.


Collapse in Southern California home sales a sign that prices will fall in 2011? The 2005 and 2006 collapse in sales led to prices tanking in 2007. Home prices still inflated after years of bank and government intervention.


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