Archive for the 'foreclosures' Category

7 charts exploring the U.S. housing market – Bank of America bad bank model and leaking out $1 trillion in mortgages over 3 years. 7 million loans non-current in U.S. Option ARMs winning prize for worst performing mortgage product ever.


3 trends in the current housing market – Can home prices remain stagnant until 2020? Detroit home prices back to 1994 levels. California all cash buyers at record high.


Rancho Palos Verdes and Palos Verdes Estates welcome the California housing crash – From $1.75 million to $1 million in an elite market. MLS has 1 listed foreclosure yet 200 homes are in some stage of foreclosure in Rancho Palos Verdes. A $4.7 million loan made on a $1.5 million home sale in 2003.


Four financial corners of California – real estate and broker licensees continue to decline, banks extend average foreclosure to 285 days, underemployment surges to 19.9 percent nationwide, and Federal Reserve now largest U.S. debt holder.


« Previous Entries
Next Entries »

By Month:



By Category:

© 2016 Dr. Housing Bubble