It has been a few months since I’ve done a thorough analysis of the California housing and economic situation. Given the current changes I think it warrants another close look. The last article I did regarding California with an in depth perspective laid out 10 reasons why I thought California would not face a housing […]
Break out the bubbly, hang up the festive piñata, and dig out those togas because the goods times are here again! Southern California home sales are up an “unprecedented” 65% from last September. That is right folks, happy days are here again. That is until you look at the actual data in this report.
Leave it […]
Today we are going to highlight the story of a home in Santa Monica that chronicles 15 years of Los Angeles County housing history. A home that has experienced two housing bubbles and is still feisty and hungry for another one. For a city with 91,124 people, you would think given the media coverage that […]
If you haven’t noticed, Wall Street is having a bad week. It would seem that the reality on Main Street is finally catching up to the Wall Street casino. Many Americans are only starting to pay attention to the economy. Why is this happening? What went wrong? To be honest, the current financial system 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 […]
Housing is nowhere near a bottom. Housing is nowhere near a bottom. Did you get that? The lovely media spin machine has been digesting recent reports from housing pundits about the decline in overall inventory. The pundit’s explanation is simple. Inventory is going down because sales are increasing therefore things are fantastic! This not only […]
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 […]
I was a bit surprised this week when I saw some positive spin being thrown out regarding the Case-Shiller Index. Even though we have dropped into record territory once again, the new Laundromat spin is that the drop was not as bad as previous months. This is like telling a person who just jumped off […]
The selling pressure on Fannie Mae and Freddie Mac has been heavy this week after a Barron’s article published on the weekend made the case that both government sponsored entities would require a full fledged bailout. This was made clear even prior to the Housing and Economic Recovery Act of 2008 being signed into law. […]
The spin is out in full force folks. The Southern California housing numbers are now out and once again they show a dismal and pathetic market. Yet even in the face of falling prices ala the Wal-Mart commercials, you can rest assured that some are going to spin the data for all it […]
