Archive for the 'california-equity-giants' Category

A brave new economy – California budget implications for real estate – 4 key metrics highlighting a very weak California economy.


Living the California debt based dream – adjustable rate mortgages and bankruptcies. Bankruptcies in California increased 557 percent from 2006 to 2011.


The collapsing prices in Irvine condos – two zip codes see year over year price drops of 40 percent. Shadow inventory in Irvine is bigger than non-distressed MLS inventory.


Luxury Malibu foreclosure chasing the market down – How to reduce a home price by $1 million in one year. Home equity loans and shadow inventory of million dollar SoCal markets.


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