Back in June of this year, we talked about the financial difficulties facing Ed McMahon. At that time, Ed McMahon was in arrears on his Beverly Hills home by a stunning $644,000 on his $4.8 million dollar home. As we worked out the math on the place, we approximated that the [...] Related Posts: ■ Real Homes of Genius: Today we Salute you Beverly Hills. When the 90210 Simply Isn’t Enough. ■ Real Homes of Genius: Today we Salute you Beverly Hills 90210. Making $1 Million in Home Equity Disappear. ■ Real Homes of Genius: Today We Salute you Huntington Park. Tweedledum and Tweedledee of housing. $500,000 Homes in Wonderland. ■ Real Homes of Genius: Today we Salute you Lakewood. A Short Sale with a $100,000+ Loss. ■ How Many People Overpaid for Their Home in Los Angeles County? Trying to get a Raw Number of Households Underwater.

Back in June of this year, we talked about the financial difficulties facing Ed McMahon. At that time, Ed McMahon was in arrears on his Beverly Hills home by a stunning $644,000 on his $4.8 million dollar home. As we worked out the math on the place, we approximated that the [...] Related Posts: ■ Real Homes of Genius: Today we Salute you Beverly Hills. When the 90210 Simply Isn’t Enough. ■ Real Homes of Genius: Today we Salute you Beverly Hills 90210. Making $1 Million in Home Equity Disappear. ■ Real Homes of Genius: Today We Salute you Huntington Park. Tweedledum and Tweedledee of housing. $500,000 Homes in Wonderland. ■ Real Homes of Genius: Today we Salute you Lakewood. A Short Sale with a $100,000+ Loss. ■ How Many People Overpaid for Their Home in Los Angeles County? Trying to get a Raw Number of Households Underwater.

Before you ring the bell and signal the end of the California housing bubble, there are cities and properties that still defy the laws of economics.  California has corrected hard.  The velocity of the one year correction is unlike anything we have ever seen in the history of our housing market.  Seeing prices drop by [...] Related Posts: ■ Real Homes of Genius: Today we Salute you Santa Ana. 498 Square Feet for $440,000, What a Deal! ■ Real Homes of Genius: Today we Salute you Pacoima. Zillow says $457,000 but Listed at $225,000? ■ Real Homes of Genius: Today We Salute you Huntington Park. Tweedledum and Tweedledee of housing. $500,000 Homes in Wonderland. ■ Real Homes of Genius: Today we Salute you Stanton. ■ Real Homes of Genius: $80,000 off in San Fernando for 865 Square Feet of Joy!

Did you hear that? Probably not because that was the sound of Treasury Secretary Hank Paulson’s bazooka shooting out a dud. The market on Monday simply reaffirmed what we all know at our core; housing is still a long way from any bottom and even though the Senate signed off on the housing [...] Related Posts: ■ Real Homes of Genius: Today We Salute you Huntington Park. Tweedledum and Tweedledee of housing. $500,000 Homes in Wonderland. ■ Real Homes of Genius: Today we Salute you Stanton. ■ Real Homes of Genius: Today we Salute you Santa Ana. 498 Square Feet for $440,000, What a Deal! ■ Real Homes of Genius: Today we Salute you Pacoima. Zillow says $457,000 but Listed at $225,000? ■ Real Homes of Genius: Today we Salute you Buena Park. $511,000 for 864 Square Feet. Even Knott’s Berry Farm is Cheaper!

I’ve been getting numerous e-mails about doing another Real Home of Genius article and today I have found another excellent home in the 90210 area code that highlights the mortgage shenanigans of the last decade. As it turns out, Beverly Hills is having more and more foreclosures hitting the market. This has come [...] Related Posts: ■ Real Homes of Genius: Today we Salute you Beverly Hills. When the 90210 Simply Isn’t Enough. ■ Rent versus Buying: Should you Buy With Housing Prices Crashing? Culver City Case Example: Reasons to Wait Another Year. ■ Real Homes of Genius: Today We Salute you Huntington Park. Tweedledum and Tweedledee of housing. $500,000 Homes in Wonderland. ■ Real Homes of Genius: Today we Salute you Santa Ana. 498 Square Feet for $440,000, What a Deal! ■ Real Homes of Genius: Today We Salute El Monte. 624 Square Feet for $440,000.

Today we get the stunning announcement that unemployment “surged” from 5 percent to 5.5 percent in one month. Of course, given the way the government calculates its shoddy employment numbers this is only shocking to folks that believe in the absurd government Kool-Aid. The reality of the current market arena is we are [...] Related Posts: ■ 3 Captivating Housing Stories: Trouble in the 90210: When Beverly Hills Isn’t Prime. Vote yes for Multiple Foreclosures. The Coming Bank Failues. ■ Real Homes of Genius: Today we Salute you Pacoima. Zillow says $457,000 but Listed at $225,000? ■ Real Homes of Genius: Today we Salute you Stanton. ■ This Housing Mess is Getting Ugly and Your Face Shows it. Unintended Consequences of Lost Home Equity. ■ Real Homes of Genius: Today we Salute you Baldwin Park. When you Only Need to Show Concrete to Sell at $400,000+.

If you think you’ve seen it all be prepared to see the most manic pricing action in the history of this housing bubble courtesy of a condo in Long Beach California. That’s right, the home of Snoop Dogg and the beautiful Queen Mary. The ability to access past sales history readily makes for [...] Related Posts: ■ Real Homes of Genius: Today we Salute you Buena Park. $511,000 for 864 Square Feet. Even Knott’s Berry Farm is Cheaper! ■ Real Homes of Genius: 675 square foot home in Lynwood California at $425,000?! ■ Real Homes of Genius: Today we Salute Inglewood. Bought in 1970 for $20,000 now selling for $397,400. ■ Real Homes of Genius: Today we Salute you Stanton. ■ Real Homes of Genius: Biggest Ever Percentage Housing Drop Ever in Santa Ana! 68 Percent Drop in 1 Year. The Journey of One Home in an Epic Housing Bubble.

Once again the ministry of truth tells us that inflation is tame so long as you don’t eat or drive which makes for a fascinating Wall Street spectacle. At this point, it has become an utter joke trying to rely on the BLS data for inflation numbers. Practically speaking they are making it [...] Related Posts: ■ Real Homes of Genius: Today we Salute you Compton with a Short Sale at $375,999. New! Short Sale Search Option. ■ Real Homes of Genius: Today we Salute you Compton. $321,000 for 594 Square Feet! Can You Really Get Two Bedrooms Into That Space? ■ Real Homes of Genius: Today we Salute you Compton. $294,900 for Your Very own Prison. ■ Real Homes of Genius: Today we Salute you Pacoima. Zillow says $457,000 but Listed at $225,000? ■ Real Homes of Genius: Today we Salute you Compton. 3 Bedrooms on 806 Square Feet!

Orange County, an area with over 3,098,121 people sometimes has a reputation at least nationwide as being an exclusively prime area. What most people that don’t live or work here realize is that the media perception of the “OC” is guided by a few prime cities such as Laguna Hills and Newport Beach. [...] Related Posts: ■ Real Homes of Genius: Today we Salute you Santa Ana. 498 Square Feet for $440,000, What a Deal! ■ Real Homes of Genius: Lifetime Achievement Award. Nearly 80 Percent Loss in Oakland California. ■ Home Sales: Worst Drop in 18 Years. Enjoy your Day! ■ C.A.R. says 2007 will see a -2% Drop in California. Does This Feel like a 2% Yearly Drop? ■ Real Homes of Genius: Today we Salute you Maywood. 853 Square feet for $385,000.

The Wall Street illuminati have now come up with a new way of dragging new investors into the trenches. It is a technique practiced only by the most ardent Jedi investment bankers. A trick out of reverse psychology. What seems to be appearing now is a rather simple formula of managing expectations [...] Related Posts: ■ Dr. Housing Bubble Celebrates Monumental 100th Post! Top 10 Housing Articles. ■ Real Homes of Genius: Today We Salute you Huntington Park. Tweedledum and Tweedledee of housing. $500,000 Homes in Wonderland. ■ Real Homes of Genius: $438,000 for 816 square feet in Pico Rivera! Another Example of Manic SoCal Housing! ■ Home Sales: Worst Drop in 18 Years. Enjoy your Day! ■ Real Homes of Genius: Today we Salute Lynwood. 597 Square Feet for $319,000.