On Top of the Aloha Beat BLOG

head_left_image

On Bloomberg TV discussing foreclosures

 

Interesting interview with head of Zillow about the state of foreclosures and where we may be in this real estate market cycle. Thanks for the tip. Knowledge is power.... Thanks Spencer

 

Here's the analysis of foreclosures moving upscale.

The startling headline is this -- in 2006, the top 1/3 most expensive homes in each local area made up 16% of foreclosures. Today, the top 1/3 of homes make up 30% of foreclosures.

And here's the video from Bloomberg TV today discussing this and other issues. Sorry to come off as so pessimistic, but I call 'em like I see 'em. No spin here.

 

 

Like what you're reading?  Then subscribe to my blog to receive updates.  

Follow Me on Twitter   My Outside Blog   Watch my Crazy Movies on YouTube 

 

Ron Margolis, RA, CDPE, ABR Hawaii Life Real Estate Services 808.346.7095 email: ron@hawaiilife.com

Comment balloon 0 commentsRonnie Margolis • October 12 2009 07:19PM

Comments

Participate