Stimulus plan is like giving a drink to a drunk (Desert Dispatch Online)

When home prices soared as the result of cheap and easy credit, not many people considered that a crisis. It was fun for homeowners to stand around the proverbial water cooler and boast about the price of the house down the street.

Originally Syndicated via RSS from Yahoo! News Search Results for "Orange County" Housing Bubble

Add comment February 18th, 2008

Downturn takes a toll on Golden State fortunes (The Sacramento Bee)

If recent economic history is any guide, California is in for a nasty tumble.

Originally Syndicated via RSS from Yahoo! News Search Results for "Orange County" Housing Bubble

Add comment February 17th, 2008

California sees worst U.S. home sales price drop at 18.7% (Orange County Register)

Florida is No. 2 with a 13.87% drop, but property in Hawaii showed an 8.38 percent gain.

Originally Syndicated via RSS from Yahoo! News Search Results for "Orange County" Housing Bubble

Add comment February 15th, 2008

O.C. defaults, foreclosures reached record highs in January (Orange County Register)

Figures for both categories at their highest since DataQuick began tracking them.

Originally Syndicated via RSS from Yahoo! News Search Results for "Orange County" Housing Bubble

Add comment February 14th, 2008

Uranium Stocks Bottom (GoldSeek.com)

Fancy Another Stimulus Package Or Two?

Originally Syndicated via RSS from Yahoo! News Search Results for "Orange County" Housing Bubble

Add comment February 14th, 2008

Foreclosures keep skyrocketing (The Californian)

RIVERSIDE — The number of foreclosures in Riverside County continued to rise at a meteoric pace in January, increasing the downward pressure on local home prices and flooding the regular home market.

Originally Syndicated via RSS from Yahoo! News Search Results for "Orange County" Housing Bubble

Add comment February 13th, 2008

Home sales tumble, inventory rockets (North County Times)

NORTH COUNTY — Home inventory across North County ballooned in January, increasing the downward pressure on sales prices and sending the county further into a market that favors buyers.

Originally Syndicated via RSS from Yahoo! News Search Results for "Orange County" Housing Bubble

Add comment February 13th, 2008

Dade’s ’strong’ mayor stays low-key (Miami Herald)

The biggest stage in American politics last month was in the Miami Airport Hilton, where John McCain delivered the victory speech of a newly minted front-runner. Standing just feet away was Miami-Dade Mayor Carlos Alvarez, grinning on national television alongside Sen. Mel Martinez and Gov. Charlie Crist and looking every bit the strong mayor that he became one year ago.

Originally Syndicated via RSS from Yahoo! News Search Results for "Orange County" Housing Bubble

Add comment February 12th, 2008

O.C. distressed home sales near 30% of inventory (Orange County Register)

More than 4,400 homes are either in foreclosure or being sold for less than the mortgage.

Originally Syndicated via RSS from Yahoo! News Search Results for "Orange County" Housing Bubble

Add comment February 11th, 2008

Life amid the ruins (Orange County Register)

With the end of the economic good times, local people adjust to diminished expectations.

Originally Syndicated via RSS from Yahoo! News Search Results for "Orange County" Housing Bubble

Add comment February 10th, 2008

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