For a state like California the real question in 2010 will be how exotic mortgages like Alt-A and option ARMs react to recast dates and a slumping economy.  It may be the case that some other states may be finding bottoms quicker financially but...
Topics: California Love, california-equity-giants, finance, foreclosure, housing, housing-2009, housing-data, modifications, shadow inventory

{"title":"Shadow Inventory in 10 Prime Southern California Cities. How Pent up Inventory and Option ARMs are the new Front for the California Housing Market.","post_url":"http:\/\/www.doctorhousingbubble.com\/shadow-inventory-in-10-prime-southern-california-cities-how-pent-up-inventory-and-option-arms-are-the-new-front-for-the-california-housing-market\/","feed_url":"http:\/\/feeds.feedburner.com\/DrHousingBubble-HowILearnedToLoveSocal","author":"drhousingbubble","date":"2009-12-01 14:57:46","summary":"For a state like California the real question in 2010 will be how exotic mortgages like Alt-A and option ARMs react to recast dates and a slumping economy.\u00a0 It may be the case that some other states may be finding bottoms quicker financially but..."}

Option ARMs are the gift that keeps on giving this holiday season.  As it turns out, these pesky toxic mortgages are still sitting waiting to hit recast periods.  Like a street vendor taco these things went down nicely and appeared cheap but came with..
Topics: banking, California Love, debt, foreclosures, housing-data, loan modifications, mortgages, negative amortization, refinance

{"title":"Option ARMs Come Back into Center Stage: 350,000 Active Option ARMs with over 200,000 in California. 78 Percent of Option ARMs have yet to hit Recast Dates.","post_url":"http:\/\/www.doctorhousingbubble.com\/option-arms-come-back-into-center-stage-350000-active-option-arms-with-over-200000-in-california-73-percent-of-option-arms-have-yet-to-hit-recast-dates\/","feed_url":"http:\/\/feeds.feedburner.com\/DrHousingBubble-HowILearnedToLoveSocal","author":"drhousingbubble","date":"2009-11-29 00:45:09","summary":"Option ARMs are the gift that keeps on giving this holiday season.\u00a0 As it turns out, these pesky toxic mortgages are still sitting waiting to hit recast periods.\u00a0 Like a street vendor taco these things went down nicely and appeared cheap but came with.."}

One central issue being avoided by many on Wall Street including politicians revolves around pricing homes to reflect sustainable fundamentals.  What should a home cost?  I know this question may seem too simplistic on the surface but really it is the..
Topics: banking, California Love, california-equity-giants, debt, fha insured loans, finance, financing, flipping, fraud, home building, housing-2009, housing-data, income capitalization, market analysis, property valuation, real estate costs, southern-california-housing

{"title":"What Should a Home Really Cost? Using Real Estate Valuation Methods to Arrive at a Sustainable Market Price for Homes. Three City Examples: Compton, Culver City, and Rancho Palos Verdes.","post_url":"http:\/\/www.doctorhousingbubble.com\/what-should-a-home-really-cost-using-real-estate-valuation-methods-to-arrive-at-a-sustainable-market-price-for-homes-three-city-examples-compton-culver-city-and-rancho-palos-verdes\/","feed_url":"http:\/\/feeds.feedburner.com\/DrHousingBubble-HowILearnedToLoveSocal","author":"drhousingbubble","date":"2009-11-25 23:21:47","summary":"One central issue being avoided by many on Wall Street including politicians revolves around pricing homes to reflect sustainable fundamentals.\u00a0 What should a home cost?\u00a0 I know this question may seem too simplistic on the surface but really it is the.."}

Attorney General Jerry Brown has most likely received a response from the top 10 option ARM lenders in California given that November 23rd was the deadline to respond to his initial request for data.  Hopefully we’ll have a better sense of how deep...
Topics: banking, California Love, california-equity-giants, data, debt, default, foreclosure, foreclosures, housing-2009, housing-data, loans, market analysis, mls, mortgages, real city of genius, shadow inventory, southern-california-housing

{"title":"Real City of Genius: Today we Salute Pasadena. When losing $300,000 is Actually a Gain for Housing Values. Shadow Inventory Twice as big as Public Data.","post_url":"http:\/\/www.doctorhousingbubble.com\/real-city-of-genius-today-we-salute-pasadena-when-losing-300000-is-actually-a-gain-for-housing-values-shadow-inventory-twice-as-big-as-public-data\/","feed_url":"http:\/\/feeds.feedburner.com\/DrHousingBubble-HowILearnedToLoveSocal","author":"drhousingbubble","date":"2009-11-23 23:00:08","summary":"Attorney General Jerry Brown has most likely received a response from the top 10 option ARM lenders in California given that November 23rd was the deadline to respond to his initial request for data.\u00a0 Hopefully we\u2019ll have a better sense of how deep..."}

In the last few days, we have gotten a better picture of macro trends impacting the California economy.  You would think that a bad overall economic climate would at least temper the bullish attitude of some folks that think California housing is...
Topics: bailout, banking, budget, California Love, california-equity-giants, debt, economy, employment, finance, forecast, foreclosures, housing, housing-2009, housing-data, market analysis, money

{"title":"Forget about the 2012 Apocalypse Movies because California has Enough Problems in 2010. 10 Charts showing why there will be no Economic or Housing Recovery for California in 2010. Unemployment at 12.5 Percent and $21 Billion in Deficits don\u2019t Help Eit","post_url":"http:\/\/www.doctorhousingbubble.com\/finance-budget-economy-2010-10-charts-showing-why-there-will-be-no-economic-or-housing-recovery-for-california-in-2010-unemployment-at-12\/","feed_url":"http:\/\/feeds.feedburner.com\/DrHousingBubble-HowILearnedToLoveSocal","author":"drhousingbubble","date":"2009-11-20 22:55:52","summary":"In the last few days, we have gotten a better picture of macro trends impacting the California economy.\u00a0 You would think that a bad overall economic climate would at least temper the bullish attitude of some folks that think California housing is..."}