Archive for the 'southern-california-housing' Category

Southern California home sales collapse by 21 percent year over year. Real estate tanks simultaneously with ending of government artificial market intervention.


The anatomy of a housing bubble city – Pasadena California home prices expanded from $220,000 to $662,000 from 2000 to 2007. Why housing prices will correct in mid-tier California cities over the next few years.


FHA has become the new toxic lender of first resort – 4 out of 10 loans made in expensive Southern California are FHA backed. FHA now backing apartments in Manhattan with a price tag of $820,000 to $3 million with a 3.5 percent down payment.


Real Homes of Genius: Tracking the California housing bubble through the eyes of a 900 square foot Burbank home. 42 percent price decline in a city still in a real estate bubble.


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