Archive for the 'california-equity-giants' Category

The Southern California housing spring that never was. Median price for a Southern California home falls by 8 percent year-over-year. Sales collapse by 17 percent pointing to future problems.


The housing crash sequel in California – Foreclosure sales made up 45 percent of sales in Q1 of 2011 with an average discount of 33 percent. 431,000 jobless Californians have exhausted unemployment insurance.


When the housing bubble pops again. California and the 1,700,000 homes with negative equity – 50 percent of Florida homes in negative equity yet bubble markets persist across the country.


Glamorous foreclosures – Beverly Hills foreclosure and short sales – $4 million Beverly Hills foreclosure goes for a second round and $2 million short sale.


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