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california housing
The collapsing prices in Irvine condos – two zip codes see year over year price drops of 40 percent. Shadow inventory in Irvine is bigger than non-distressed MLS inventory.
The condo market in mid-tier locations is in the middle of a major correction. It is surprising to see the velocity of how quickly prices are falling in some of these condo markets. Today we will look at Irvine and their condo market since it provi…
Can the young save the California housing market? 5 demographic trends impacting the California housing market from 2010 to 2020.
California has been fortunate to have favorable demographics for many decades. The country in general has been supported from the baby boomer generation and their spending and willingness to go into debt for consumption prowess. Yet demographic cha…
5 charts exploring the financial quicksand that real estate is stuck in for 2012 – Public debt now larger than GDP, entitlement challenges, post-bubble lows for housing, two lost decades for income, baby boomer demographics not looking positive for real estate.
As we look into 2012 we have much to be hopeful for but real estate is not a sector to pry into if you are expecting a rosy and sunny projection. Real estate boomed because of easy access to what appeared to be an unlimited supply of debt. Archimed…
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