Archive for the 'psychology' Category

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.


Owning with no equity is just renting with no mobility. 11 million mortgage holders underwater backed by $2.9 trillion in mortgage debt. In California, close to 20 percent of mortgage holders underwater by 25 percent or more.


Real Homes of Genius – Revisiting an HGTV style Culver City flip of 2007. Ever wonder why all those house flipping shows now show Canada housing instead of Westside homes? 704 square foot Culver City flip goes from massive profit to loss.


California budget means lean times for the state – 5 reasons why the California economy will lag for years to come. High paying jobs gone, shadow inventory, state taxes, and re-writing history.


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