Feral Houses – Sweet Juniper
"Shadow" inventory lurks over U.S. housing recovery – Reuters
Weekly Unemployment Claims Portend Disaster – Mish
Real Estate ‘Trade-Down’ Environment – The Big Picture
Real Estate ‘Trade-Down’ Environment – The San Francisco Chronicle
Oakland's McKinley Partners is betting that low-end foreclosed homes in eastern Contra Costa County will double in value in five years.
Investors Buying Low End Foreclosures – Calculated Risk
I know investor groups doing the same thing, and they pay cash too. As far as these numbers - good luck. The numbers only make sense at the low end, and rents are falling quickly. It is very unlikely the price will double in five years - or even ten years. As the price increases, investors will be selling properties, keeping prices down.
July Economic Summary in Graphs – Calculated Risk
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