Archive for the 'mainstream-media' Category

Financial and psychological double dip for real estate – How new economic news will feed into lower home prices as incomes remain stagnant. Only 11 percent of recent loan volume in the first quarter dealt with purchases.


Is California the new Japan? – 5 charts showing nonfarm payrolls at 1998 levels, underemployment of 23 percent, 685,000 homes at least 90 days delinquent, a massive zombie real estate sector, and a decreasing homeownership rate.


Orange County housing daydreaming – Home prices in Orange County to increase by approximately 50 percent by 2016 according to UCLA. Why that forecast will not come to pass and other delusions of bubble markets.


Housing market will get much worse before it gets better. How far are we from a normal housing market? 4.3 million distressed properties away from normalcy.


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