Archive for the 'southern-california-housing' Category

Short sales and foreclosures made up 52 percent of all recent Southern California home sales – Lenders aggressively pricing lower-end properties to move. Two Pasadena examples.


The question of housing affordability – 17 US markets near potential price bottoms. Two are in Southern California. Southern California also has counties where mid-tier cities are overpriced and continue to correct.


A case scenario in renting versus buying in Culver City – Rent a home for $2,800 or buy it for $600,000? 12 listed foreclosures while shadow inventory is up to 144.


A $983 mortgage payment in Southern California is now typical? Buyers commit to lowest mortgage payment in January of 2012 since May of 1999. What does this say about the current makeup of real estate sales?


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