Archive for the 'southern-california-housing' Category

California tax credit half used in one month, distress inventory down but non-payment up, effective homeownership rate of Los Angeles County 38.5 percent compared to 50.5 percent headline rate.


3 emerging economic trends – Buy for less at the Beverly Connection? Consumer prices going up in nearly every category year over year. Home-debtor epiphany.


Real Homes of Genius – 1 out of 7 homeowners not paying mortgage or in foreclosure. Examples in Pasadena. 672 square feet apartment for $385,000. 676 square feet home became equity machine.


Real Homes of Genius – Culver City 900 square foot home with three mortgages up to $572,000. A few places down, a 800 square foot home is selling for $500,000. L.A. cities still in housing bubbles.


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