Pinpointing the prime cause of California’s slow recovery from recession is easy: Too little has been done about the crisis in housing construction, values, and foreclosures. While only one in 579 homes nationally is “under water,” with resale value deflated beneath the balance of its mortgage loan, that figure is one in every 211 here. [...]
Posts Tagged ‘Housing’
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Local real estate agents think worst of housing bust may be behind us
February 3rd, 2012 
admin The worst may be behind us. That's what local real estate agents are saying after a significant uptick in home sales over the last couple of months. View full post on real estate – Yahoo! News Search Results Share and Enjoy:
Analyst: Obama housing plans will not help
February 2nd, 2012 admin Veteran Southern California real estate analyst G.U. Krueger adds his commentary on the housing market to this blog in a spot we call "Thursday Morning Quarterback." Here's his latest installment. … View full post on real estate california – Yahoo! News Search Results Share and Enjoy:
Housing Assistance 2012: Another Herculean Task for the FHA
February 2nd, 2012 admin Posted To: Voice of Housing Beginning the 37th month of his presidency, the Obama Administration today announced a laundry list of new programs to help struggling homeowners, crack down on abusive lending practices, make mortgage documents easier to read, convert REO to rental, and other assorted initiatives. Some require Congressional approval; others are a work [...]
Housing Assistance 2012: Another Herculean Task for the FHA
February 2nd, 2012 admin Posted To: Voice of Housing Beginning the 37th month of his presidency, the Obama Administration today announced a laundry list of new programs to help struggling homeowners, crack down on abusive lending practices, make mortgage documents easier to read, convert REO to rental, and other assorted initiatives. Some require Congressional approval; others are a work [...]
