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John Barleycorn

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California Housing Bubble

Posted on March 3, 2020 by johnbarleycorn12

The true picture of the California housing market – 114,000 foreclosures listed on the MLS but 257,000 foreclosures are active. Over 622,000 homes are in foreclosure or have missed at least one mortgage payment. 30 percent of California homeowners in negative equity. Net worth and income data for the state.

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