Archive for the 'banking' Category

Foreclosures and Negative Equity – Why Financial Bailout Programs Fail in California. Income, Budget Problems, and Underwater Mortgages.


The Coming FHA Bailout – $360 Billion in loans insured in 2009. 30 percent of home purchases 20 percent of Refinances and 50 percent of new buyers go through FHA Loans.


The Shadow Inventory of Orange County California. Median Home Price Still Down 33 Percent from Peak for County, Short Sales Make up One-third of MLS Data, Shadow Inventory over Twice MLS Inventory. $2.2 Million Ladera Ranch Property Selling for Half off.


California Housing Forecast for 2010: 5 Reasons why you Shouldn’t Buy a Home in California in 2010. 22 Percent unemployment and underemployment, home owned’ership, California Budget, Option ARMs, and Consumer Psychology.


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