Archive for the 'psychology' Category

Corona del Mar enters real estate correction – sub-$1 million short sale goes below 2003 sales price. $4 million of visible distressed real estate but $53 million in shadow inventory for tiny Corona del Mar.


Vacant California – California has over 1 million vacant housing units increasing 54 percent in one decade while actual housing units only increased by 11 percent. Solid financial reasons why California home prices are destined to fall in the coming years.


Prime Pasadena zip code has a home selling for 41 percent off peak price – When flips go wrong. Los Angeles Case-Shiller negative year over year again.


California home prices 50 percent off March 2007 peak – Why California home prices will be impacted by multi-year state budget deficits, higher interest rates, and a backlog of distressed properties.


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