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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (120909)5/5/2008 11:36:25 PM
From: Lizzie TudorRead Replies (3) | Respond to of 306849
 
those aren't silicon valley so I don't really know whats going on there. Contra Costa is pretty far out there, its a mcmansion place, so it is probably declining. There used to be one tech company out there (peoplesoft) but that was it.



To: Moominoid who wrote (120909)5/6/2008 12:20:43 AM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
Rent-free homeowners keep economy from stumbling

californiahousingforecast.com

ref=patrick.netThis year, 93,000 California homeowners received a Notice of Default, meaning they had not paid their mortgage for at least 3 months. Since last September, 145,000 borrowers have the privilege of living rent-free.



To: Moominoid who wrote (120909)5/6/2008 1:06:35 AM
From: marcherRead Replies (1) | Respond to of 306849
 
m, i'm surprised by lizzie's bay area definition. i was born and raised in the bay area, but by her wand removed. oh, how silly (yet convenient for her never-say-die and poorly reasoned argument). as an outside ref, here's wiki (9 counties-- Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma):

en.wikipedia.org