Home prices in the desert decreased 1.4 percent from June and 8.6 percent from July 2010. The average home price in the High Desert is roughly a third what it was five years ago, at $60.39 per square foot in July compared to $184.40 during the same month in 2006. via Housing market remains flat | percent, home, desert - Victorville Daily Press. … [Read more...] about Victor Valley housing market remains flat
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Activist Post: What QE3 Will Look Like
We are about to witness one of the greatest orchestrated events in human history; a monumental slight of hand that will restore economic prosperity, keep the masses happy and, most importantly, maintain the parasitic elites in power. via Activist Post: What QE3 Will Look Like. … [Read more...] about Activist Post: What QE3 Will Look Like
FHA Refinance of Borrowers in Negative Equity Positions
On March 26, 2010, the Department of Housing and Urban Development (HUD) and the Department of the Treasury (Treasury) announced enhancements to the existing Making Home Affordable Program (MHA) and Federal Housing Administration (FHA) refinance program that will give a greater number of responsible borrowers an opportunity to remain in their homes. These enhancements are … [Read more...] about FHA Refinance of Borrowers in Negative Equity Positions
10 housing markets that will collapse this year
Like so many industrial cities in California, Riverside-San Bernardino is being affected by the recession and housing crisis more than most other parts of the U.S. Unemployment has hit 13.7 percent, home vacancy and rental vacancy rates are high, and home values are plummeting. Median home prices are down more than 55 percent from their peak in 2006. By the beginning of next … [Read more...] about 10 housing markets that will collapse this year
Walmart distribution center delayed until at least 2012
Aug. 10--BARSTOW -- Although Walmart broke ground in July on two supercenters in Victorville and Hesperia, it still has no plans to start a distribution center in Barstow until 2012 or later.Walmart originally announced a plan in 2005 for a food distribution center on Barstow Industrial Park along Lenwood Road. The center would serve supercenters in the Southern California … [Read more...] about Walmart distribution center delayed until at least 2012