This post first appeared on Minyanville. Three years of wrong predictions notwithstanding, perma-bears are emerging from a winter’s hibernation with tall tales of another impending collapse in home prices. They could not be more wrong. For pundits, academics, bloggers and others who get their market “color” from crunching numbers and poring over 50-page long analyst [...]

We’ve seen some seriously conflicting housing headlines recently… The data looks bad: Case-Shiller: Home Prices Continued to Fall in January Case-Shiller March Breakdown for San Francisco Bay Area RadarLogic: Housing Bottom Still Out of Sight Existing Home Sales Slowed in February Just How Weak Is The Demand For New Housing? The median price of Bay Area homes sold in [...]

According to this analysis, homes are more affordable than they have been in 20 years. How’s that for a cheap trick to get you to read more? There was quite a bit of response to my previous post, Location, location, location…and a reversion to the mean?, which compared the home price histories of two Oakland neighborhoods at [...]

Nationally, 22.8% of all homes with mortgages owe more than their homes are worth. Another 5% are right on the edge. In California, the statistics are worse. CoreLogic reports: SANTA ANA, Calif., March 1, 2012––CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today released negative equity data showing that 11.1 million, [...]

This information updates from time to time. The latest info comes from a lender friend of mine. If you’ve gone through a short sale, foreclosure, bankruptcy, or deed-in-lieu of foreclosure, here is how long you’ll have to wait before you can buy a home again. I bet not too many folks out there are aware [...]