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drhousingbubble

  1. A deep look at shadow inventory in Southern California: http://bit.ly/4FrUZv
  2. What should a home cost? http://bit.ly/7hGLnq
  3. How a $300,000 loss on a mortgage is actually a gain for the Case-Shiller Index: http://bit.ly/71foXm
  4. A comprehensive look at U.S. housing: http://bit.ly/2SttRE
  5. SoCal housing sales up, but in context by how much? http://bit.ly/2GeQD6
  6. California sending out 475,000 NODs in 2009: http://bit.ly/2aAwgm Yet foreclosures are down from 2008?
  7. HAMP and California budget: HAMP is the new extend and pretend loan mod: http://bit.ly/1OI2xr
  8. A decade of housing news headlines: http://tinyurl.com/yguhcso
  9. SoCal MLS down from 160,000 to 69,000 from Sept 07 to Aug 09. Growing shadow of NTS/REO: http://tinyurl.com/ko64lx
  10. California on path for more budget deficits: http://bit.ly/zWyb1 $10.5 billion in borrowing?
  11. 11.9 percent unemployment rate in California. Prime mortgage now facing strain from economic woes.
  12. So much for homeownership: Life After Foreclosure: "Nothing was lost but a big, freaking headache." http://bit.ly/G8DQI
  13. 4 million home loans are delinquent. Looks like we are heading towards the UBS prediction of 48 percent of U.S. homes underwater
  14. 1 in 10 homes in California delinquent. These got NODs on them and guess when they'll hit the market? Late 2009 and into 2010.
  15. 977,000 mortgages in California are subprime or Alt-A: http://tinyurl.com/m6n7fs
  16. The king of the Sarasota flip: $100 million in deals during the bubble. We need journalism like this in CA: http://tinyurl.com/mvjelq
  17. The 1982 law that made adjustable rate mortgages possible: http://tinyurl.com/noeymh
  18. No bottom for housing in CA: http://tinyurl.com/kwy2v3 Maybe a bottom in 2013? If we follow the past then yes...
  19. CA IOU clock: 129,786 IOUs this month, totaling $435,706,583.33
  20. FBI finds rampant mortgage fraud. Number one state is California. In other finds $500k loans made on vacant land: http://tinyurl.com/mgw7tn