From city to suburbia then back

This article comes from First Tuesday Journal Online Part I of this article series comments on the coming depopulation of suburbia as the highly educated Generation Y and retiring Baby Boomers return to California’s urban cores. Conditions signal a mass return to cities Since World War II, suburbia has enjoyed its status as an embodiment…

The rocky roads: recession and financial crisis

This article is from First Tuesday Journal Online This article explains the difference between a recession and a financial crisis, and the different effects each has on the California real estate market. A crisis in the gears The reasons for the Great Recession’s stunning and nearly unprecedented financial brutality are myriad: lender duplicity, buyer frenzy,…

Free your home from summer heat – and save some money too

This article comes from First Tuesday Journal Online Summer is upon us! Get a move on prepping your home for the Golden State’s seasonal heat wave by tending to your heating, ventilation and air conditioning (HVAC) unit. The average American homeowner’s spends $2,200 a year on utilities and half of this is for heating and…

Nobody’s home: California residential vacancy rates

This article comes from First Tuesday Journal Online This article discusses the current residential vacancy rates in California and the pressure vacant properties place upon this decade’s real estate recovery. The postman’s beat is getting lonelier The recession may be over, but the effects of the Great Recession remain visibly etched on the landscape of…

Strategic default smarts

This article comes from First Tuesday Journal Online This article reviews a newly-developed Fair Issac Company (FICO) analytics model which predicts a borrower’s likelihood to exercise a strategic default and revisits the financial advantages of a strategic default for a negative equity homeowner. FICO findings Fair Issac Company (FICO) researchers have developed new analytics to…

The 20% solution: personal savings rates and homeownership

Article from First Tuesday Journal Online This article analyzes the current rate of personal savings against the backdrop of the increase in mortgage downpayment requirements, and its affect on the California real estate market. The return to downpayment fundamentals QRM: if you’re in residential real estate, these three little letters mean more and more to…