Archive for the 'banking' Category

Nothing Down Flamed the California Real Estate Bonfire: 40 Percent of First Time Buyers in 2006 and 2007 went with Zero Down in California. 4 out of 10 Purchases in California now Backed by Almost Nothing Down FHA Insured Loans.


Wall Street and Housing Neurosis: The Real Cost of California Homeownership. Extreme Foreclosures, Option ARMs, Renting Utility Costs, and Breaking the Financially Twisted Psychology.


Option ARMs Come Back into Center Stage: 350,000 Active Option ARMs with over 200,000 in California. 78 Percent of Option ARMs have yet to hit Recast Dates.


What Should a Home Really Cost? Using Real Estate Valuation Methods to Arrive at a Sustainable Market Price for Homes. Three City Examples: Compton, Culver City, and Rancho Palos Verdes.


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