Archive for the 'southern-california-housing' Category

The canary in the Southern California housing market signifies a sizeable home price decline for 2011 – Collapse in year over year home sales and $8,500 away from a 10 percent price decline for Southern California home prices. Freddie Mac online rent versus buy calculator doesn’t even allow for a 1 percent annual price decline.


The rich foreclose in spectacular fashion – Pasadena million dollar home has owners unable to pay the mortgage yet keep getting mortgages. The biggest Southern California foreclosure loss in Bel-Air.


Real Homes of Genius – Cerritos California and 30 percent short sale price reductions. Can demographics save a city from the housing correction?


Real Homes of Genius – 1 out of 21 distressed properties show up on the MLS for Pasadena. Examining four foreclosures in the Pasadena housing market.


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