The U.S. Government wants you to stay perpetually broke. The lenders and banks want you to stay in the poor house. Why? Somewhere along the line the notion of saving money got perverted to the point that now people equate access to credit as actual money. This psychological shift didn’t happen overnight but there is […]
Today we are going to have a special Real Homes of Genius where we are going to examine five adjacent homes on a tiny block in Santa Monica. For readers outside of Southern California Santa Monica is one of the few prime cities located in the large county of Los Angeles. 88 cities and 10,000,000 […]
You would think that given the magnitude and sheer size of the Fannie Mae and Freddie Mac bailout that Americans would at least be more curious about the formula as to how this thing is going to unfold. [Cue the Crickets]. Instead, the public is focused on the “shiny things” once again like someone suffering […]
88 cities are in the county of Los Angeles. The most populace of these cities is of course Los Angeles with approximately 3.8 million people. However, the second largest city is Long Beach with 466,718 people making it the 5th largest city in California. Keep in mind that the county of Los Angeles […]
If anyone was expecting a spring bounce from the housing Easter Bunny they’ll need to wait for another year. Frankly, all this hyperbole of reaching a bottom is wishful thinking and is completely devoid of the economic realities surrounding us. But what can you expect from an industry that kept chanting a mantra […]
A reader sent in a fascinating story from the L.A. Times (hat tip Exit) discussing the impact of the housing market on plastic surgery. If you’ve noticed recently that people are looking less like Hollywood stars and more like average folks, you can blame it on the disappearing equity. Here in Southern California […]
California, the epicenter of the housing bubble is facing difficult times. It is becoming rather apparent that this housing bubble has the risk of causing a worldwide recession. It is hard to imagine until you look at the facts how this bubble got out of hand so quickly. The foreclosure problem is […]
The DataQuick numbers for Southern California were released today and the numbers were astounding. Yes, I’m sure that you’ve heard that line probably a thousand times in the last year but in reality, each month gives more and more insight into the absolute corruption and malfeasance that propelled this housing bubble to its […]
“Anyone who lives within their means suffers from a lack of imagination” -Oscar Wilde
The housing market in Southern California is similar to skydiving, except with a small caveat of course. You are told by the expert skydiver that you are all ready to go once you reach maximum elevation. As you get […]
 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
You are currently browsing the archives for the soft-landing category.
