Mortgage Delinquencies Set Record; Commercial Real Estate Resumes 'Steep Decline' [View article]
92% of home owners are on time with their mortgage. Delinquencies have increased 2.6% from the real estate boom to bust and the worst economy since the 1930. Hardly fodder for further negative housing outlook.
California Housing Affordability Reaches Record High [View article]
The number of homes for sale in the US fell 5.2% to 311,000 in March which is a 7 year low. The biggest monthly drop so far in the current 23-month string of declines. Go with the facts folks.
California Housing Affordability Reaches Record High [View article]
Resale housing up 61% comparing month of March 08 to March 09 in San Diego. Yes, affordability is paring down housing stock which will and is firming prices. We are seeing multiple offers on most homes on the market.
Mortgage Delinquencies Set Record; Commercial Real Estate Resumes 'Steep Decline' [View article]
California Housing Affordability Reaches Record High [View article]
California Housing Affordability Reaches Record High [View article]