May 10 2010
Strategic Defaults go Mainstream – Why the strategic default trend shows us the need for larger home buying down payments.
You know something has gone mainstream when it hits 60 Minutes. The latest episode on 60 Minutes discussed the topic of strategic defaults and how 1 out of 5 current foreclosures are actually occurring because people are voluntarily choosing not to pay their mortgage. This is a trend that started last year and has picked [...]
Oct 12 2009
A Case Study of Distress California Housing: Sacramento County.
The Sacramento Association of Realtors provides excellent data on real estate market trends for Sacramento County. It is unfortunate that we don’t have comprehensive data like this for the state of California housing. Yet this data is helpful because it reflects similar outcomes of other California counties like Riverside or San Bernardino. When we examine [...]