Archive for the 'california budget' Category

California home prices 50 percent off March 2007 peak – Why California home prices will be impacted by multi-year state budget deficits, higher interest rates, and a backlog of distressed properties.


The financial abyss otherwise known as the California budget – 6 charts showing a challenging year for California housing and economy. Rental vacancy rate adding pressure to buying a home, per capita income down, and lost decade in homeownership.


The four corners of the non-California economic recovery – Underemployment at 23 percent, affordability signifies bubble in prices, $25 billion budget deficit, no market is healthy when active foreclosures out number MLS non-distress inventory.


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.


« Previous Entries
Next Entries »

By Month:



By Category:

© 2016 Dr. Housing Bubble