Most Americans say housing crisis isn't over, survey finds

Most Americans say housing crisis isn't over, survey finds (src: LA Times)

Brown Signs Homeowner Bill

Governor Jerry Brown signed the Homeowner Bill of Rights into law yesterday making California home to some of the toughest protections in the country after years of lagging behind other states. But, he says, the new law should make it easier for homeowners struggling to renegotiate their mortgages once it takes effect in January. (src: KQED)
 

Family Lives in 168-sq. ft. House to Save Money

Buying Vs. Renting: What Your Realtor WON'T Tell You... (From Debt Free Bible)

Huge loss in home values cratered the Bay Area economy

For Home Prices, It’s Back to at Least 2004

For Home Prices, It’s Back to at Least 2004 (NY Times)
The Case-Shiller home price index managed a small gain in April, but most markets are still not as high as they were in 2004.

Shiller: Housing Could Fall Another 25% But Is Harder to Predict Than the Weather

Barry Ritholtz: Housing Could Struggle for Another 5-10 Years

How to Avoid Loan Modification Scams: Industry “Rife with Corruption,” Consumer Advocate Says

Who's buying homes? The rich

NEW YORK (CNNMoney) -- The rich are different from you and me: They're buying real estate. 

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"Pretty Ham-Fisted": Glenn Hubbard Reviews Obama’s Newest Housing Fix

8 Foreclosure Ghost Towns Seeing Signs of Life - CNBC

Merced, Calif. - Home values from low: +6.1%
Riverside, Calif. - Home values from low: 9%
Stockton, Calif. - Home values from low: +2.9%
Modesto, Calif. - Home values from low: +2.8%
Las Vegas, Nev. - Home values from low: +0.4%
Vallejo, Calif. - Home values from low: +2.9%
Salinas, Calif. - Home values from low: +5.2%
Madera, Calif. - Home values from low: +8.6%

8 Foreclosure Ghost Towns Seeing Signs of Life - CNBC

Case Shiller: Here Are The 15 Housing Markets That Will Fall The Most By 2012

Case-Schiller's September housing report came out worse than expected, confirming to any doubters that the housing double dip is here.
#15 Prescott, Ariz.
#14 Salinas, Calif.
#13 Pensacola, Fla.
#12 Cape Coral, Fla.
#11 West Palm Beach, Fla.
#10 Punta Gorda, Fla.
#9 Orlando, Fla.
#8 Atlantic City, NJ
#7 Fort Lauderdale, Fla.
#6 Gainesville, Fla.
#5 Phoenix, Ariz.
#4 Ocean City, NJ
#3 Miami, Fla.
#2 Las Vegas, Nev.
#1 Naples, Fla.

Read more: (Business Insider)

Shadow Inventory Jumps More Than 10 Percent in One Year, Pushing Total Unsold Inventory to 6.3 Million Units

Shadow Inventory Jumps More Than 10 Percent in One Year, Pushing Total Unsold Inventory to 6.3 Million Units (corelogic.com)

Report: 80 percent of Las Vegas homeowners underwater on mortgage

Las Vegas home values as measured by Zillow fell 4.2 percent in the third quarter and pushed the region’s percentage of underwater properties to 80.2 percent.
Read more... (Las Vegas Sun)

Nearly one in four second-quarter home sales a foreclosure

NEW YORK (Reuters) - Nearly one in every four U.S. homes sold in the second quarter was a deeply discounted foreclosed house, putting the market on pace to work through distressed properties in about three years, RealtyTrac said

Read more... (Yahoo Finance - Reuters)

Central Valley awash in worthless homes

Mortgages exceed home values across the Central Valley, with more than six out of ten homes in Stockton, for example, underwater, according to new reports Thursday from real estate information company CoreLogic Inc. of Santa Ana.

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(src: www.centralvalleybusinesstimes.com)