Housing Crash Central: News on Housing Bubble

A $983 mortgage payment in Southern California is now typical? Buyers commit to lowest mortgage payment in January of 2012 since May of 1999. What does this say about the current makeup of real estate sales?

Posted from Dr. Housing Bubble Blog 96 days ago
Housing Crash Central : Housing Crash News and Blogs

The appetite for more affordable homes in Southern California continues a trend from late 2011 into 2012.  One of the more interesting aspects of the current housing market with so many investors buying cheap homes and a large number buying with FHA insured loans is the typical mortgage payment continues to be pushed lower.  This [...] (original story)

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