Archive for the 'renting' Category

Renting the California Dream – Typical Southern California mortgage payment down 54 percent from peak. Rents move up in the face of stagnant household income.


The uneven housing market of Southern California – Middle tier of Los Angeles and Orange County down over 8 percent in last 24 months. Lower tier holding steady over 24 months.


The new American Dream of renting – 5 reasons why renting is a better economic choice than buying a home in 2012. The benefits of renting are rarely promoted unlike the large lobbying groups for home buying through the banking industry.


The California problem of making too many renters into home owners – Home ownership rate back to levels last seen in 1993. From 2000 to 2010 population increased by 10 percent but owner-occupied housing jumped by 25 percent. Prime Encino zip code with 6 MLS foreclosures but 96 properties in the shadow inventory.


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