Archive for the 'southern-california-housing' Category

The double-edged sword of low interest rates – In the last five years the drop in interest rates has made a $500,000 mortgage carry monthly costs of a $350,000 mortgage back in 2007.


Revisiting a friendly bubble in Culver City – A median home price of $680,000 and typical household income of $66,000. An example of a $300,000 pending price cut and the hidden impact of home equity loans.


FHA bailout inches closer – FHA defaults surge 26 percent while upping mortgage insurance premiums to make loans more expensive. Foreclosure starts outnumber foreclosure sales 3 to 1.


Million dollar short sales – Huntington Beach sales surge while distressed inventory leaks out into the MLS.


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