Relevant:
- U.S. Homeowners ‘Underwater' on Mortgages Drop as Foreclosures Increase
- Fewer U.S. Homeowners Under Water as California Prices, Foreclosures Jump
- FHA low down payment buyers and cash investors dominate Southern California housing market – Not a healthy market when over 63 percent of sales come from these two groups. Move up sellers unable to shift because of negative equity.
- Renting the California Dream -- Typical Southern California mortgage payment down 54 percent from peak. Rents move up in the face of stagnant household income.
- Loan Modifications Stop Foreclosures, Study Shows. DOER ALERT!
2012-03-01 — doctorhousingbubble.com
``114,000 foreclosures listed on the MLS but 257,000 foreclosures are active. Over 622,000 homes are in foreclosure or have missed at least one mortgage payment. 30 percent of California homeowners in negative equity. Net worth and income data for the state.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.