Archive for the 'real-estate' Category

Laundering real estate – How dirty loans have made data on distressed inventory look better. 1 out of 5 US mortgages impaired. Jumbo loan market has completely evaporated.


Real Homes of Genius – From $5.5 million to $2.7 million in Newport Coast. Million dollar foreclosures grow in Southern California elite housing markets.


Why low interest rates do not help the housing market and heavily benefit investment banks – 40 percent of Americans have mortgage rates higher than 6 percent. The SoCal housing market will enter a significant correction in 2011 based on seasonal sales and price changes.


Real Homes of Genius – 916 square foot home selling for $510,000 in Culver City bubble market. Imagine having a second mortgage 3 times the size of the original mortgage! Shadow inventory galore in Culver City.


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