california housing

Where is the Shadow inventory ?- Ask your Neighbor

October 31st, 2012

No More secrets -Zillow allows you free access to your neighbors foreclosure Now that Zillow has published all pre-foreclosures on their site WITH ADDRESSES AND STATUS for free and for all the world to see-It is  now quite easy to […]

Where is the Shadow Inventory? Right here

October 30th, 2012

Zillow now publishes all pre foreclosures on site With the current Fed made housing market of artificially low rates, artificially restrained inventory which is fueling mini housing booms in local areas,many have wondered what has ever happened to that past myth of […]

San Diego listed as 3rd most expensive in US

October 19th, 2012

NEWSFLASH! Something that San Diego Citizens already know all too well.  A recent survey at interest.com shows that San Diego is the 3rd most expensive city to live in the country. The survey ranked the affordability of the nation’s 25 largest […]

The Day California’s Real Estate Bubble burst

October 18th, 2012

California’s Real Estate obsession has a long History Here is a interesting article from the LA TIMES printed in 1984– yes you read that right -1984.  It tells a lesson to be learned. A lesson of California’s obsession with real […]

California Foreclosure level lowest since 2007

October 17th, 2012

Operation Kick the can in full effect Helicopter Ben, Goverment legislation, and the banks general unwillingness to foreclose on anyone  for any reason have lowered California NOD filings to pre-crisis levels. from the LA Times: The number of Californians entering […]

National Housing starts Blow out concensus- numbers up 872k , Highest in 4 years

October 17th, 2012

Another sign of the Housing turnaround? Yet another mysterious pre -election concensus beat.  The highest estimate from all the economists was a 800k jump for last month.  With a concensus in the 770k range- this beat is almost as crazy and unbelievable […]

San Diego Beach Homes Sales Rise but prices Flat

October 16th, 2012

BEACH BUBBLE TROUBLE ? With all the talk of the bottom and artificial stimulus- lets see how its affecting the Beach communities- where the slogan always is – “But It’s Different Here” We have a tale of a few different markets here […]

So Cal home sales fall but median price rises to 4 year high

October 12th, 2012

The fantasy real estate market continues. The current goverment/FED artificial stimulus of Japan style interest rates coupled with banks self induced foreclosure moratoriums  seem to be creating a interesting dynamic: Weaker sales- due to serious inventory shortage Rising median pricing- Due […]

California Foreclosure conspiricy- -Filings down to lowest in Five years

October 11th, 2012

DONT BELIEVE EVERYTHING YOU READ The headlines look good.  Today Realty Trac reported that US foreclosure and filings are now at the lowest rate in past five years-with California Leading the way.  Now -like I always say- dont believe everything […]

California Leavin’

October 10th, 2012

Whats not to love about California? Great beaches, terrific weather , Nice Beaches ,Good weather (did I forget to mention the beaches and the weather?) However, recently it appears many are not so enchanted with the Golden State.   It appears to some […]