Monthly Archives: February 2009

January’s median sales price falls 40% from a year earlier, to $250,000. As the Southland’s bubble continues to deflate, the ratio of price to income has returned to historical levels, analysts say. By Peter Y. Hong February 20, 2009 Southern … Continue reading →

By Nancy Needham nancy@theacorn.com   An audience of about 140 listened intently to economic forecaster Kirk Lesh during a presentation last week in Thousand Oaks. As the U.S. Senate debated the stimulus package for the nation, Lesh, a real estate … Continue reading →

Are YOU Listening, Rick Santelli? February 20, 2009, 9:00PM Rick Santelli’s CNBC populist outrage whining rant on the so-called “deadbeats with the extra bathroom” has garnered a lot of attention. But few people have really looked at the numbers behind how … Continue reading →

WTVJ-TV updated 10:48 a.m. PT, Thurs., Feb. 19, 2009 WATSON ISLAND, Fla. – President Barack Obama is rolling out a $75 billion plan to save millions of Americans from foreclosure. But how will it help Florida residents, one of the … Continue reading →

By Peter Y. Hong February 13, 2009 Los Angeles Times Home foreclosures in California fell dramatically in January despite the ongoing housing market crash and economic recession, a foreclosure tracking firm reported Thursday.   The number of homes sold at foreclosure … Continue reading →