Archive for the 'california-equity-giants' Category

Million dollar foreclosure hunter – The distressed inventory of Beverly Hills. Expensive properties with no mortgage payments. WaMu Alt-A mortgage products reappear in Beverly Hills.


A case scenario in renting versus buying in Culver City – Rent a home for $2,800 or buy it for $600,000? 12 listed foreclosures while shadow inventory is up to 144.


The lower bound of the housing market – many locations in California will see prices decline in 2012 since banks and government intervention are maxing out. How can home prices go higher if household incomes are moving in the opposite direction? 21 percent underemployment rate in California.


Malibu housing correction – 2005 saw 50,000+ million dollar home sales in California. In 2010 it was roughly 20,000. Malibu REOs listed at 15 but shadow inventory above 100+ in a prime SoCal beachfront city.


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