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.
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.
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.
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.
one of those it my house my house is not up for forecloser
jstucky1 1 year ago
These houses are like palaces.
Cdogpyjamas 2 years ago
"God bless America!"
I was waiting for that ;)
EmbryonicCrush 2 years ago
Ah buy and bail.
ircjunk2004 2 years ago
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?
kinchip 2 years ago
"Five houses, two of them in foreclosure"
octopuswithafez 2 years ago
Stellar work as usual.
tArchStantont 2 years ago
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.
westwest888 2 years ago 2
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.
NorthernSphere 2 years ago
Jim thanks for the videos! Cheers!
michaeldcampion 2 years ago
Jim, I live in MA but love your work. Nothing captures the age of excess more than your videos and commentary.
asciiman7 2 years ago
Excellent Video but very disturbing. America is having a real wake up call.
bigcuy41 2 years ago
Awsome as always. =)
BDiegoTube 2 years ago
@4:53 "God bless America" indeed.
At least they are not flying the Gadsden flag!!
MengersDisciple 2 years ago
I missed something - the NOD's are the "shadow inventory?"
jeremiahjacobs 2 years ago
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.
JimtheRealtor 2 years ago
are you mainly seeing shadow inventory in nicer areas?
iwtbraw 2 years ago
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.
tyronebiggums3 2 years ago 3