http://www.cahomesalessolutions.com Your Source for Real Estate Solutions Wed, 16 Jun 2010 20:00:10 +0000 http://backend.userland.com/rss092 en The housing market has been turned upside down with unprecedented amounts of government intervention that even the seasonal pattern has changed.  Keep in mind that spring and summer are usually the most optimistic selling times in any given year but this year with the tax credit ending and the Federal ... http://www.cahomesalessolutions.com/real-estate-news/10-important-real-estate-charts-showing-no-housing-recovery-in-2010-collapsing-housing-starts-texas-ratio-problems-construction-spending-at-trough-and-real-estate-equity-evaporated/ To put it bluntly, the U.S. housing market today is in deep water.  Nothing exemplifies the transfer of risk to the public from the private investment banks more than the deep losses at Fannie Mae and Freddie Mac.  Fannie Mae announced a stunning first quarter loss of $13.1 billion while ... http://www.cahomesalessolutions.com/real-estate-news/housing-never-really-improved-%e2%80%93-10-charts-showing-the-united-states-housing-market-is-entering-the-second-wave-of-problems-1-out-of-4-people-with-no-mortgage-payment-in-the-last-year-are-sti/ -by the Mysterious Flying Miser As HBB readers will tell you, the state of Florida exemplifies housing-bubble consequence with blistering veracity.  And one of the most pointed details of Florida’s economic and literal skyline is the monstrosity of their market in condominiums.  It seems the available inventory looms over the state ... http://www.cahomesalessolutions.com/real-estate-news/even-in-the-bonfire/ We all know that foreclosures are on the rise throughout the nation. Most people realize that a foreclosure means that you will lose your home. But how does this process look like? In reality, the foreclosure process is a drawn out and lengthy ordeal. It is ... http://www.cahomesalessolutions.com/real-estate-news/the-foreclosure-story-what-does-the-process-look-like/ Got to catching up with the Doctor's Blog this week and these two provided provocative reading. They're both here, one below the other - interesting relationship, actually. The California Tax Break Window – Combining California Tax Credit with Federal Credit for $18,000 in Tax Credits. Southern California ... http://www.cahomesalessolutions.com/real-estate-news/dr-housing-bubble-tax-breaks-and-foreclosures-something-to-think-about/ As housing prices have collapsed from their halcyon bubble peak, many are peering out into the foreclosure landscape that is the current U.S. real estate market and are wondering if prices now fall in line with economic fundamentals.  The problem in many areas across the U.S. isn’t so much with ... http://www.cahomesalessolutions.com/real-estate-news/real-estate-still-overpriced-in-california-in-many-markets-and-paying-your-mortgage-with-unemployment-benefits-%e2%80%93-examining-housing-values-through-employment-and-local-market-trends-los-angel/ " Even in the face of huge deficits, the state of California doesn't want to face a world without homebuyer tax credits" http://www.cahomesalessolutions.com/real-estate-news/california-to-step-in-with-10000-tax-credit-when-8000-credit-leaves-off/ This guy just keeps getting it so right that it makes tears spring into your eyes to read it - because you are laughing so hard you can hardly read, but also because it is so damn lame and pathetic that it SHOULD make you CRY. Thanks Mandelman, for being out ... http://www.cahomesalessolutions.com/blog/mandelman-on-hamp-and-help-for-homeowners-hysterically-funny-in-a-sad-but-true-kinda-way/ As I pointed out on March 17th, the housing "tax credit" has run out of gas - and today's existing home sales numbers prove it: Sales of existing homes have thus fallen three consecutive months, ... http://www.cahomesalessolutions.com/real-estate-news/housing-sales-forget-it/ For the first time in nearly three years since I’ve been tracking MLS data for Southern California, the public inventory number has increased.  The low was reached in October of 2009 and this was when across the six Southern California counties 64,000 properties showed up on the MLS.  Today that ... http://www.cahomesalessolutions.com/real-estate-news/five-financial-trends-keeping-california-home-prices-depressed-%e2%80%93-rising-mls-inventory-falling-rents-lack-of-good-paying-jobs-fha-defaults-rising-and-no-mortgage-payment/