Archive for the 'real-estate' Category

The crash diet of California home buying – You cannot purchase a $226,000 starter home on a $33,000 income and state this is affordable. The twisted definition of affordability.


The making of a housing market – like a Hollywood set, housing inventory looks to be low only because that is what is being presented. Orange County foreclosure pipeline twice the size of non-distressed MLS inventory.


Case study in controlled inventory for Pasadena real estate – The legacy of poorly designed mortgage lending and creating a surreal real estate market in selective cities.


The lingering problems of negative equity – Over 10 million Americans are underwater with 1 million having loan-to-value ratios of 150 percent or higher.


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