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Comments about this Video
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AT 0:48, half a million underwater. Heck, they don't care. Tap the home equity to live High on the HELOC. That's what it was all about. But those loans have recourse. I hope they get hounded for the rest of their living days.
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I missed something - the NOD's are the "shadow inventory?"
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Yes, we're wondering how many more houses will be coming to market, and these that have received foreclosure notices but aren't listed are just waiting out the inevitable.
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@4:53 "God bless America" indeed.
At least they are not flying the Gadsden flag!!
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Awsome as always. =)
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Excellent Video but very disturbing. America is having a real wake up call.
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are you mainly seeing shadow inventory in nicer areas?
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Jim, I live in MA but love your work. Nothing captures the age of excess more than your videos and commentary.
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Jim thanks for the videos! Cheers!
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Jim, been following your videos for nearly a year now. The unraveling of events is just so eerie... it's like looking at a a great empire disintegrating from within. Keep up the good work and greetings from Scandinavia, Finland.
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FML. Note to the green shoots people: California within 10 miles of the ocean still has to fall 60% before it's affordable for families with healthy six figure incomes.
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Stellar work as usual.
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"Five houses, two of them in foreclosure"
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Jim-
Great info, thanks!
What is the scoop on the 'fire house'? Was it in an earlier video and was there a fire there or something else?
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Ah buy and bail.
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"God bless America!"
I was waiting for that ;)
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These houses are like palaces.
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