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Recent Posts
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- Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
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Homes Millbrae Pages
Tag Archives: Ponzi Scheme
Stockton’s sad fiscal story should be required reading – Long Beach Press
THE Stockton City Council voted last week to stop paying creditors, putting the municipality on the road to bankruptcy. The story of the Northern California city’s roll toward insolvency should be required reading for all California cities. During the real-estate … Continue reading
Posted in SF Bay Area News
Tagged Bedroom Community, California Cities, Commuters, Deis, Financial Commitments, Future Generations, homes millbrae, House Prices, Labor Contracts, Northern California City, Ponzi Scheme, Poster Child, Real Estate Boom, Retiree Health Insurance, Revenue Increases, San Francisco Bay, San Francisco Bay Area, Silicon Valley, Stockton City, Term Gain, Unfunded Liability
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Mortgage Delinquencies Turn a Corner
Page 1 of 2 | Next PageShow Entire Article Fewer Americans are falling behind on their mortgage payments; in fact, the fewest in two years. Mortgages just one payment past due (30 days) fell to their lowest level since just … Continue reading
Posted in Real Estate News
Tagged Brinkmann, Chief Economist, Corpses, Delinquency, Diplomats, Feds, Financial Disaster, Foreclosure, Government Shutdown, homes millbrae, Libya, Mortgage Bankers Association, Mortgage Delinquencies, Mortgage Market, Mortgage Payments, Paperwork, Ponzi Scheme, Recession, Trigger Finger, Unemployment Insurance, Warren Buffett
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