California Real Estate Follies, Part XXXIV

New data shows that notices of default in California real estate markets are up as much as 45% year-over-year in some areas.

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  2. Is “Rich Real Estate Broker” an Oxymoron?
  3. California’s Real Estate Glut — in Agents
  4. Announcing the IG Real Estate BubbleWire
  5. Reality TV, Enron, & the Real Estate Bubble

Comments

  1. Fartikus says:

    what gets me with respect to the the bay area, is the price of the average, so-what, 2300 sq ft home almost anywhere in the bay, even in the so-called ghetto zipcodes. i understand castles will always be expensive, but the prices i see on cookie cutter burb homes amazes me. i know there are a lot of rich people here, but there aren’t this many. i wonder how many are sitting pretty, and how many chew their fingernails bloody every night?

  2. John K says:

    Oh, c’mon Paul, if you’re gonna cherry pick random data points, do it correctly and dramatically:
    Napa 12 33 175.0%
    “New data shows that notices of default in California real estate markets are up as much as 175% year-over-year in some areas.”

  3. Paul K. says:

    Tried to limit myself to major urban areas, but had I thrown the gate wide open you’re right … Napa would have won in a walk!