Archive for the 'banking' Category

An expensive lesson in debt. Why many future potential home buyers will carry an albatross of student loan debt and push home prices lower. 25 percent of young California graduates underutilized in the labor force.


Real Homes of Genius – The search for the biggest California foreclosures. Missing the housing peak in Beverly Hills. From $9.8 million to $7.25 million and counting. From $2.4 million to $1.3 million.


Real Homes of Genius – From $5.5 million to $2.7 million in Newport Coast. Million dollar foreclosures grow in Southern California elite housing markets.


Why low interest rates do not help the housing market and heavily benefit investment banks – 40 percent of Americans have mortgage rates higher than 6 percent. The SoCal housing market will enter a significant correction in 2011 based on seasonal sales and price changes.


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