ARC's 1st Law: As a "progressive" online discussion grows longer, the probability of a nefarious reference to Karl Rove approaches one

Monday, September 08, 2008

Collapse of Fannie Mae and Freddie Mac - $200-500 Billion Assumed by the Taxpayers

Well, what I said was going to happen awhile back has happened. Wish I was happy about being right. This is a fiasco. The country is not exactly swimming in cash at the moment.

What is more disturbing is that none of our political "leaders" have had much to say about this. Small wonder, what can they say? Where is the money going to come from needed to make good on that which the treasury has assumed? China?

We have a huge problem on our hands and I will be very interested to see who has the courage to deal with it first. Obama? That's rich, really rich. I doubt his community organizing experience is going to be all that helpful. McCain? He probably understands the situation and what is necessary. But is he willing to take the heat to tell the folks what is coming?

That housing bubble I warned about, and some pooh-poohed, has burst and we now must deal with the fallout.

Your Co-Conspirator,
ARC: MontereyJohn

Addendum: See comments for details of the California housing market for the first six months of 2008.

Comments (3)
Monterey John said...

The "devil is in the details," the California Housing market:
County/City/Area
# Sold
June 2008
June 2007
% Chg
Yr-to-Yr

Santa ClaraCounty
1,313
$620,000
$715,000
-13.29%

CAMPBELL
30
$725,500
$716,500
1.26%

CUPERTINO
54
$1,072,500
$804,500
33.31%

GILROY
66
$481,000
$726,750
-33.81%

LOS ALTOS
40
$1,595,000
$1,635,000
-2.45%

LOS GATOS
52
$1,143,000
$1,110,000
2.97%

MILPITAS
39
$535,000
$680,000
-21.32%

MORGAN HILL
34
$570,250
$745,000
-23.46%

MOUNTAIN VIEW
41
$710,000
$750,000
-5.33%

PALO ALTO
19
$1,285,000
$1,003,750
28.02%

SAN JOSE
726
$531,000
$680,000
-21.91%

SAN MARTIN
2
$802,500
$1,130,000
-28.98%

SANTA CLARA
88
$652,500
$662,000
-1.44%

SARATOGA
17
$1,320,000
$1,465,000
-9.90%

SUNNYVALE
89
$770,000
$759,500
1.38%

AlamedaCounty
1,201
$450,000
$615,000
-26.83%

ALAMEDA
51
$560,000
$656,000
-14.63%

ALBANY
12
$444,500
$672,500
-33.90%

BERKELEY
64
$756,500
$795,000
-4.84%

CASTRO VALLEY
49
$485,000
$678,000
-28.47%

DUBLIN
79
$465,000
$630,000
-26.19%

EMERYVILLE
20
$360,750
$442,250
-18.43%

FREMONT
161
$550,000
$665,000
-17.29%

HAYWARD
123
$325,500
$515,000
-36.80%

LIVERMORE
105
$515,000
$587,500
-12.34%

NEWARK
30
$426,250
$600,000
-28.96%

OAKLAND
251
$369,000
$566,000
-34.81%

PLEASANTON
72
$713,500
$803,000
-11.15%

SAN LEANDRO
81
$390,000
$516,000
-24.42%

SAN LORENZO
40
$362,500
$545,000
-33.49%

UNIONCITY
63
$425,000
$650,000
-34.62%

ContraCostaCounty
1,418
$375,000
$597,000
-37.19%

ALAMO
12
$1,340,000
$1,480,000
-9.46%

ANTIOCH
217
$283,500
$447,000
-36.58%

BRENTWOOD2
118
$387,000
$538,500
-28.13%

CLAYTON
24
$549,000
$657,500
-16.50%

CONCORD
136
$310,500
$480,000
-35.31%

CROCKETT
2
$403,500
$507,500
-20.49%

DANVILLE
64
$965,000
$1,024,500
-5.81%

DISCOVERYBAY
41
$395,000
n/a
n/a

EL CERRITO
18
$503,000
$678,500
-25.87%

EL SOBRANTE
17
$336,000
$455,000
-26.15%

HERCULES
33
$410,000
$562,500
-27.11%

LAFAYETTE
30
$923,750
$1,147,500
-19.50%

MARTINEZ
37
$415,000
$499,250
-16.88%

MORAGA
21
$840,000
$950,000
-11.58%

OAKLEY
101
$297,000
$483,500
-38.57%

ORINDA
21
$1,145,000
$1,200,000
-4.58%

PINOLE
17
$385,000
$540,000
-28.70%

PITTSBURG
133
$269,000
$455,000
-40.88%

PLEASANT HILL
31
$475,000
$615,000
-22.76%

RICHMOND
68
$230,000
$410,000
-43.90%

RODEO
8
$250,000
$431,000
-42.00%

SAN PABLO
55
$245,000
$455,000
-46.15%

SAN RAMON
111
$800,000
$815,750
-1.93%

WALNUT CREEK
89
$580,000
$629,000
-7.79%

El DoradoCounty
193
$380,000
$506,750
-25.01%

CAMINO
4
$303,750
$352,500
-13.83%

COOL
3
$495,000
$460,000
7.61%

DIAMOND SPRINGS
7
$257,500
$280,000
-8.04%

EL DORADO
2
$398,000
$430,000
-7.44%

EL DORADO HILLS
65
$520,000
$595,000
-12.61%

GRIZZLY FLATS
2
$210,500
$297,500
-29.24%

PLACERVILLE
19
$285,000
$396,500
-28.12%

POLLOCK PINES
16
$269,500
$287,000
-6.10%

SHINGLE SPRINGS
28
$290,000
$395,000
-26.58%

SOMERSET
3
$172,500
$365,000
-52.74%

SOUTH LAKE TAHOE
40
$338,000
$440,000
-23.18%

TAHOMA
2
$4,657,000
n/a
n/a

FresnoCounty
775
$219,000
$275,000
-20.36%

CLOVIS
143
$309,500
$405,000
-23.58%

COALINGA
9
$209,000
$219,000
-4.57%

FIREBAUGH
3
$135,000
$225,000
-40.00%

FOWLER
5
$174,000
$290,500
-40.10%

FRESNO
515
$205,000
$267,500
-23.36%

KERMAN
6
$191,500
$256,500
-25.34%

KINGSBURG
14
$301,500
$272,500
10.64%

MENDOTA
2
$191,500
$247,750
-22.70%

PARLIER
5
$224,000
$214,500
4.43%

REEDLEY
17
$226,500
$279,000
-18.82%

RIVERDALE
3
$85,000
$286,000
-70.28%

SANGER
26
$192,750
$266,000
-27.54%

SELMA
17
$205,500
$239,000
-14.02%

SQUAWVALLEY
2
$255,000
$215,000
18.60%

TOLLHOUSE
3
$248,000
n/a
n/a

KernCounty
964
$205,000
$260,000
-21.15%

ARVIN
12
$193,750
$220,000
-11.93%

BAKERSFIELD
697
$210,500
$279,000
-24.55%

BORON
2
$97,250
$115,000
-15.43%

CALIFORNIACITY
32
$125,000
$214,750
-41.79%

DELANO
25
$186,500
$238,000
-21.64%

FRAZIER PARK
10
$175,500
$193,000
-9.07%

LAKEISABELLA
2
$182,500
$224,500
-18.71%

MC FARLAND
4
$135,750
$256,500
-47.08%

MOJAVE
3
$74,000
$179,500
-58.77%

RIDGECREST
42
$186,500
$184,000
1.36%

ROSAMOND
31
$185,000
$280,000
-33.93%

SHAFTER
20
$218,250
$255,000
-14.41%

TAFT
11
$100,000
$157,500
-36.51%

TEHACHAPI
51
$260,000
$280,000
-7.14%

WASCO
16
$200,000
$225,250
-11.21%

WOFFORDHEIGHTS
2
$282,500
$60,000
370.83%

Los AngelesCounty
5,057
$415,000
$548,000
-24.27%

ACTON
8
$485,000
$667,500
-27.34%

AGOURA HILLS
20
$763,500
$752,500
1.46%

ALHAMBRA
30
$445,000
$500,000
-11.00%

ALTADENA
39
$524,000
$691,500
-24.22%

ARCADIA
53
$715,000
$805,000
-11.18%

ARTESIA
12
$410,000
$524,000
-21.76%

AVALON
3
$800,000
$562,500
42.22%

AZUSA
27
$295,000
$444,000
-33.56%

BALDWIN PARK
30
$300,000
$427,500
-29.82%

BEL AIR
6
$1,084,773
$1,254,000
-13.50%

BELL
4
$322,000
$494,500
-34.88%

BELLFLOWER
31
$395,000
$491,750
-19.67%

BEVERLY HILLS
25
$1,580,000
$1,697,500
-6.92%

BRENTWOOD
26
$913,000
$740,000
23.38%

BURBANK
66
$544,500
$631,000
-13.71%

CALABASAS
18
$1,435,000
$1,020,000
40.69%

CANOGAPARK
59
$395,000
$479,900
-17.69%

CANYON COUNTRY
85
$369,500
$515,000
-28.25%

CARSON
41
$392,000
$509,500
-23.06%

CASTAIC
22
$467,500
$565,000
-17.26%

CERRITOS
31
$578,000
$687,500
-15.93%

CHATSWORTH
25
$395,000
$588,000
-32.82%

CLAREMONT
23
$565,000
$634,500
-10.95%

COMPTON
34
$235,000
$393,000
-40.20%

COVINA
47
$385,000
$475,000
-18.95%

CULVERCITY
40
$456,000
$534,000
-14.61%

DIAMOND BAR
50
$392,500
$549,000
-28.51%

DOWNEY
68
$404,000
$597,500
-32.38%

DUARTE
17
$383,000
$469,000
-18.34%

EL MONTE
31
$359,000
$435,500
-17.57%

EL SEGUNDO
10
$710,000
$909,750
-21.96%

ENCINO
55
$575,000
$699,500
-17.80%

GARDENA
30
$376,000
$504,000
-25.40%

GLENDALE
79
$645,000
$730,000
-11.64%

GLENDORA
24
$500,000
$527,500
-5.21%

GRANADA HILLS
44
$400,000
$570,000
-29.82%

HACIENDAHEIGHTS
38
$348,500
$570,000
-38.86%

HARBORCITY
8
$447,250
$570,000
-21.54%

HAWAIIANGARDENS
6
$187,500
$360,000
-47.92%

HAWTHORNE
25
$420,000
$544,000
-22.79%

HERMOSA BEACH
15
$1,035,000
$1,205,000
-14.11%

HUNTINGTON PARK
4
$303,000
$470,000
-35.53%

INGLEWOOD
27
$367,000
$472,500
-22.33%

LA CANADA FLINTRIDGE
13
$960,000
$1,400,000
-31.43%

LA CRESCENTA
27
$610,000
$672,500
-9.29%

LA MIRADA
29
$417,000
$544,000
-23.35%

LA PUENTE
39
$300,000
$462,500
-35.14%

LA VERNE
17
$478,500
$520,250
-8.02%

LAKEHUGHES
2
$158,250
$345,000
-54.13%

LAKEWOOD
72
$404,750
$502,500
-19.45%

LANCASTER
245
$195,000
$325,000
-40.00%

LAWNDALE
10
$379,000
$509,500
-25.61%

LITTLEROCK
11
$242,000
$266,500
-9.19%

LOMITA
4
$500,500
$555,000
-9.82%

LONG BEACH
204
$409,500
$520,000
-21.25%

LOS ANGELES
592
$515,000
$571,000
-9.81%

LYNWOOD
12
$299,250
$470,000
-36.33%

MALIBU
5
$2,700,000
$1,800,000
50.00%

MANHATTANBEACH
36
$1,942,500
$1,300,000
49.42%

MARINA DELREY
18
$667,500
$737,500
-9.49%

MAYWOOD
2
$330,000
$485,000
-31.96%

MISSION HILLS
2
$332,500
$515,000
-35.44%

MONROVIA
17
$510,000
$610,000
-16.39%

MONTEBELLO
16
$377,000
$519,000
-27.36%

MONTEREY PARK
18
$452,500
$541,000
-16.36%

MONTROSE
5
$500,000
$518,750
-3.61%

NEWHALL
27
$400,000
$500,000
-20.00%

NORTH HILLS
31
$400,000
$517,500
-22.71%

NORTH HOLLYWOOD
64
$380,000
$577,500
-34.20%

NORTHRIDGE
73
$525,000
$700,000
-25.00%

NORWALK
57
$300,000
$465,000
-35.48%

PACIFIC PALISADES
18
$1,464,000
$1,735,000
-15.62%

PACOIMA
38
$293,000
$472,500
-37.99%

PALMDALE
297
$220,000
$357,250
-38.42%

PANORAMACITY
36
$251,500
$480,000
-47.60%

PARAMOUNT
13
$245,000
$425,000
-42.35%

PASADENA
85
$585,000
$657,000
-10.96%

PICO RIVERA
34
$344,500
$468,500
-26.47%

PLAYA DELREY
12
$430,000
$530,000
-18.87%

POMONA
78
$270,000
$417,000
-35.25%

RANCHO PALOS VERDES
29
$1,020,000
$1,000,000
2.00%

REDONDO BEACH
64
$672,500
$794,500
-15.36%

RESEDA
55
$365,000
$510,000
-28.43%

ROSEMEAD
29
$465,000
$507,500
-8.37%

ROWLAND HEIGHTS
38
$435,000
$582,500
-25.32%

SAN DIMAS
31
$450,000
$530,000
-15.09%

SAN FERNANDO
16
$306,000
$455,000
-32.75%

SAN GABRIEL
24
$491,750
$572,000
-14.03%

SAN MARINO
12
$1,699,000
$1,390,000
22.23%

SAN PEDRO
28
$411,000
$500,000
-17.80%

SANTA CLARITA
60
$485,000
$511,750
-5.23%

SANTA FE SPRINGS
8
$360,000
$510,000
-29.41%

SANTA MONICA
56
$870,500
$1,067,000
-18.42%

SHERMAN OAKS
57
$700,000
$782,500
-10.54%

SIERRA MADRE
7
$720,000
$785,000
-8.28%

SOUTH EL MONTE
12
$394,500
$448,000
-11.94%

SOUTH GATE
18
$282,000
$460,500
-38.76%

SOUTH PASADENA
15
$1,265,000
$740,000
70.95%

STEVENSON RANCH
29
$662,500
$699,000
-5.22%

STUDIOCITY
26
$970,500
$1,001,000
-3.05%

SUNVALLEY
21
$309,000
$494,500
-37.51%

SUNLAND
18
$366,500
$490,000
-25.20%

SYLMAR
55
$348,000
$467,500
-25.56%

TARZANA
37
$410,000
$662,500
-38.11%

TEMPLECITY
30
$590,000
$585,000
0.85%

TOPANGA
4
$510,000
$1,350,000
-62.22%

TORRANCE
101
$570,000
$600,000
-5.00%

TUJUNGA
21
$417,500
$499,000
-16.33%

VALENCIA
74
$418,500
$575,000
-27.22%

VALLEYVILLAGE
9
$435,000
$714,000
-39.08%

VAN NUYS
87
$399,000
$550,000
-27.45%

VENICE
9
$1,299,000
$1,112,500
16.76%

WALNUT
24
$519,000
$660,000
-21.36%

WEST COVINA
51
$363,000
$485,000
-25.15%

WEST HILLS
31
$497,000
$587,500
-15.40%

WEST HOLLYWOOD
26
$677,000
$667,500
1.42%

WESTLAKEVILLAGE
9
$548,000
$760,000
-27.89%

WHITTIER
92
$387,500
$499,000
-22.34%

WILMINGTON
15
$330,000
$462,500
-28.65%

WINNETKA
29
$355,000
$489,500
-27.48%

WOODLAND HILLS
51
$535,000
$735,000
-27.21%

Los Angeles Selected Areas





Westside
65
$994,545
$720,000
38.13%

West LA
132
$751,250
$755,000
-0.50%

Downtown LA/Central City
213
$630,000
$705,000
-10.64%

South LA
149
$300,000
$435,000
-31.03%

North East LA
73
$400,000
$470,000
-14.89%

San Fernando Valley Selected Areas





San Fernando Valley
865
$400,000
$555,000
-27.93%

West San Fernando Valley
475
$415,000
$565,000
-26.55%

Northeast San Fernando Valley
297
$370,000
$521,000
-28.98%

Southeast San Fernando Valley
93
$450,000
$670,000
-32.84%

Southwest Los Angeles Selected Areas





Beach Cities
98
$956,500
$960,000
-0.36%

SouthBay
379
$617,500
$687,500
-10.18%

Long Beach (90810)
15
$275,000
$482,500
-43.01%

Mar Vista
21
$825,000
$875,000
-5.71%

Palos Verdes Estates
19
$1,351,500
$1,542,000
-12.35%

PalosVerdesPeninsula Area
48
$1,070,000
$1,261,000
-15.15%

Westchester
28
$777,000
$762,500
1.90%

MaderaCounty
86
$198,500
$278,500
-28.73%

CHOWCHILLA
13
$205,000
$272,750
-24.84%

COARSEGOLD
10
$227,500
$300,000
-24.17%

MADERA
58
$191,000
$275,000
-30.55%

OAKHURST
4
$138,000
$247,500
-44.24%

MarinCounty
230
$846,000
$962,500
-12.10%

BELVEDERE TIBURON
7
$2,535,000
$1,582,500
60.19%

BOLINAS
2
$908,000
$659,000
37.78%

CORTE MADERA
12
$900,000
$1,112,500
-19.10%

FAIRFAX
3
$709,000
$757,000
-6.34%

FOREST KNOLLS
2
$310,000
n/a
n/a

GREENBRAE
14
$1,802,500
$1,349,750
33.54%

INVERNESS
2
$812,500
n/a
n/a

LARKSPUR
5
$1,066,000
$1,250,000
-14.72%

MILLVALLEY
31
$1,150,000
$1,395,000
-17.56%

NOVATO
55
$510,000
$675,000
-24.44%

ROSS
5
$1,750,000
$3,852,750
-54.58%

SAN ANSELMO
13
$1,165,000
$1,024,500
13.71%

SAN RAFAEL
63
$786,432
$780,000
0.82%

SAUSALITO
10
$1,217,500
$765,000
59.15%

WOODACRE
2
$683,000
$615,000
11.06%

MercedCounty
373
$160,000
$289,000
-44.64%

ATWATER
47
$159,500
$282,500
-43.54%

DELHI
29
$147,000
$300,000
-51.00%

DOS PALOS
10
$132,000
$276,250
-52.22%

GUSTINE
10
$152,000
$320,000
-52.50%

HILMAR
7
$238,000
$288,500
-17.50%

LIVINGSTON
11
$215,000
$310,000
-30.65%

LOS BANOS
104
$163,500
$320,000
-48.91%

MERCED
134
$165,000
$270,000
-38.89%

WINTON
17
$130,500
$250,000
-47.80%

MontereyCounty
282
$342,500
$600,500
-42.96%

CARMEL
20
$944,750
$1,001,250
-5.64%

CARMELVALLEY
7
$1,021,000
$799,000
27.78%

CASTROVILLE
4
$303,000
n/a
n/a

GONZALES
7
$268,000
$486,000
-44.86%

GREENFIELD
18
$254,000
$475,000
-46.53%

KINGCITY
2
$261,500
$429,750
-39.15%

MARINA
9
$425,000
$576,500
-26.28%

MONTEREY
20
$567,000
$785,000
-27.77%

PACIFIC GROVE
6
$731,250
$779,000
-6.13%

PEBBLEBEACH
6
$1,512,500
$1,500,000
0.83%

SALINAS
143
$330,000
$534,000
-38.20%

SEASIDE
23
$335,000
$647,500
-48.26%

SOLEDAD
14
$262,000
$480,250
-45.45%

NapaCounty
112
$440,000
$563,000
-21.85%

AMERICANCANYON
39
$455,000
$540,000
-15.74%

CALISTOGA
2
$456,250
$661,500
-31.03%

NAPA
69
$429,000
$536,000
-19.96%

SAINT HELENA
2
$720,000
$735,000
-2.04%

NevadaCounty
97
$395,000
$472,000
-16.31%

GRASSVALLEY
39
$335,000
$377,000
-11.14%

NEVADACITY
11
$320,000
$543,000
-41.07%

PENNVALLEY
2
$245,000
$440,000
-44.32%

TRUCKEE
37
$489,500
$525,000
-6.76%

OrangeCounty
2,309
$470,000
$646,000
-27.24%

ALISO VIEJO
71
$467,000
$488,000
-4.30%

ANAHEIM
214
$390,000
$557,000
-29.98%

BREA
36
$515,459
$650,000
-20.70%

BUENA PARK
66
$400,000
$535,000
-25.23%

CAPISTRANOBEACH
6
$598,500
$1,225,000
-51.14%

CORONADELMAR
14
$1,625,000
$1,700,000
-4.41%

COSTA MESA
49
$535,000
$680,000
-21.32%

CYPRESS
42
$480,500
$500,000
-3.90%

DANAPOINT
20
$690,000
$810,000
-14.81%

FOOTHILL RANCH
12
$637,500
$827,500
-22.96%

FOUNTAINVALLEY
43
$578,000
$700,000
-17.43%

FULLERTON
88
$411,000
$624,000
-34.13%

GARDEN GROVE
105
$380,000
$565,000
-32.74%

HUNTINGTON BEACH
140
$611,000
$690,000
-11.45%

IRVINE
169
$590,000
$699,000
-15.59%

LA HABRA
42
$355,000
$520,000
-31.73%

LA PALMA
12
$550,000
$727,000
-24.35%

LADERA RANCH
31
$622,000
$997,000
-37.61%

LAGUNA BEACH
18
$1,625,000
$1,700,000
-4.41%

LAGUNA HILLS
27
$312,000
$620,000
-49.68%

LAGUNA NIGUEL
98
$610,000
$750,000
-18.67%

LAKEFOREST
77
$420,000
$602,500
-30.29%

LOS ALAMITOS
15
$775,000
$846,000
-8.39%

MIDWAY CITY
4
$417,500
$505,000
-17.33%

MISSION VIEJO
91
$476,500
$625,000
-23.76%

NEWPORT BEACH
49
$1,325,000
$1,615,000
-17.96%

NEWPORT COAST
13
$2,900,000
$2,214,000
30.98%

ORANGE
94
$485,000
$619,000
-21.65%

PLACENTIA
31
$465,000
$608,500
-23.58%

RANCHO SANTA MARGARITA
71
$430,000
$540,000
-20.37%

SAN CLEMENTE
72
$795,000
$1,010,000
-21.29%

SAN JUAN CAPISTRANO
33
$432,500
$710,000
-39.08%

SANTA ANA
189
$310,000
$580,000
-46.55%

SEAL BEACH
11
$638,000
$950,000
-32.84%

STANTON
26
$329,500
$374,000
-11.90%

TRABUCO CANYON
43
$767,500
$816,250
-5.97%

TUSTIN
66
$547,500
$647,500
-15.44%

VILLA PARK
2
$1,975,000
$1,300,000
51.92%

WESTMINSTER
41
$450,000
$608,000
-25.99%

YORBA LINDA
54
$659,000
$824,000
-20.02%

Placer County
583
$335,000
$429,500
-22.00%

AUBURN
35
$338,000
$390,000
-13.33%

COLFAX
9
$230,000
$340,000
-32.35%

FORESTHILL
5
$273,000
$385,000
-29.09%

GRANITE BAY
21
$669,000
$760,000
-11.97%

KINGS BEACH
3
$300,000
$609,000
-50.74%

LINCOLN
102
$310,000
$405,500
-23.55%

LOOMIS
8
$617,500
$418,000
47.73%

MEADOW VISTA
2
$422,500
$457,500
-7.65%

NEWCASTLE
4
$496,000
$673,000
-26.30%

OLYMPIC VALLEY
2
$700,000
$1,085,000
-35.48%

ROCKLIN
105
$330,000
$447,000
-26.17%

ROSEVILLE
261
$332,500
$430,250
-22.72%

TAHOE CITY
11
$740,000
$955,000
-22.51%

TAHOE VISTA
2
$661,500
n/a
n/a

Riverside County
3,471
$275,000
$405,000
-32.10%

BANNING
38
$198,750
$262,000
-24.14%

BEAUMONT
73
$272,500
$380,000
-28.29%

BLYTHE
7
$215,000
$190,136
13.08%

CABAZON
5
$150,000
$252,000
-40.48%

CALIMESA
4
$269,500
$370,000
-27.16%

CATHEDRAL CITY
51
$217,000
$330,000
-34.24%

COACHELLA
38
$212,000
$325,000
-34.77%

CORONA
431
$369,705
$550,000
-32.78%

DESERT HOT SPRINGS
61
$157,500
$273,500
-42.41%

HEMET
161
$177,000
$288,750
-38.70%

HOMELAND
2
$167,750
$435,000
-61.44%

IDYLLWILD
4
$338,000
$310,750
8.77%

INDIAN WELLS
34
$739,250
$860,000
-14.04%

INDIO
167
$256,000
$365,000
-29.86%

LA QUINTA
113
$466,000
$556,250
-16.22%

LAKE ELSINORE
119
$245,000
$385,000
-36.36%

MENIFEE
109
$268,000
$392,000
-31.63%

MIRA LOMA
25
$360,000
$439,000
-18.00%

MORENO VALLEY
322
$212,090
$379,500
-44.11%

MURRIETA
296
$289,000
$440,000
-34.32%

NORCO
20
$476,000
$540,000
-11.85%

NUEVO
9
$238,500
$547,000
-56.40%

PALM DESERT
126
$354,000
$402,250
-12.00%

PALM SPRINGS
102
$300,000
$371,250
-19.19%

PERRIS
134
$215,000
$370,000
-41.89%

RANCHO MIRAGE
67
$520,000
$569,000
-8.61%

RIVERSIDE
383
$272,000
$413,750
-34.26%

SAN JACINTO
99
$205,000
$334,000
-38.62%

SUNCITY
88
$252,500
$328,250
-23.08%

TEMECULA
239
$319,000
$450,000
-29.11%

THOUSAND PALMS
7
$222,500
$290,000
-23.28%

WHITE WATER
3
$127,500
$270,000
-52.78%

WILDOMAR
45
$294,000
$440,000
-33.18%

WINCHESTER
84
$305,000
$423,250
-27.94%

Sacramento County
2,324
$219,500
$330,500
-33.59%

ANTELOPE
89
$220,000
$321,250
-31.52%

CARMICHAEL
66
$276,250
$374,500
-26.23%

CITRUS HEIGHTS
129
$210,000
$297,500
-29.41%

ELK GROVE
345
$269,000
$382,500
-29.67%

ELVERTA
4
$134,500
$238,000
-43.49%

FAIR OAKS
41
$250,000
$370,750
-32.57%

FOLSOM
93
$379,500
$436,500
-13.06%

GALT
42
$218,500
$390,000
-43.97%

MATHER
10
$237,500
$342,500
-30.66%

NORTH HIGHLANDS
78
$118,750
$210,000
-43.45%

ORANGEVALE
47
$285,000
$319,000
-10.66%

RANCHO CORDOVA
123
$275,000
$395,000
-30.38%

RIO LINDA
24
$177,000
$397,500
-55.47%

SACRAMENTO
1,214
$179,000
$300,000
-40.33%

SLOUGHHOUSE
10
$402,500
$535,000
-24.77%

WALNUT GROVE
2
$115,000
$302,000
-61.92%

WILTON
5
$580,000
$725,000
-20.00%

San Benito County
57
$297,500
$542,500
-45.16%

HOLLISTER
50
$288,500
$525,000
-45.05%

SAN JUAN BAUTISTA
5
$317,000
$582,500
-45.58%

San Bernardino County
2,043
$239,500
$365,000
-34.38%

ADELANTO
75
$165,000
$300,000
-45.00%

ANGELUS OAKS
3
$200,000
n/a
n/a

APPLE VALLEY
109
$190,000
$295,000
-35.59%

BARSTOW
25
$121,500
$185,000
-34.32%

BIG BEARCITY
31
$204,000
$300,000
-32.00%

BIG BEARLAKE
26
$292,500
$410,000
-28.66%

BLOOMINGTON
13
$200,000
$360,000
-44.44%

CEDARPINES PARK
5
$76,000
$175,000
-56.57%

CHINO
78
$360,409
$500,000
-27.92%

CHINO HILLS
64
$446,500
$630,000
-29.13%

COLTON
34
$200,500
$345,000
-41.88%

CREST PARK
3
$196,000
$375,500
-47.80%

CRESTLINE
24
$180,000
$234,500
-23.24%

FAWNSKIN
2
$417,500
$664,500
-37.17%

FONTANA
252
$289,000
$435,000
-33.56%

GRAND TERRACE
11
$305,000
$367,500
-17.01%

GREEN VALLEY LAKE
3
$165,000
$345,750
-52.28%

HELENDALE
10
$175,000
$274,750
-36.31%

HESPERIA
129
$200,000
$328,750
-39.16%

HIGHLAND
38
$240,000
$360,000
-33.33%

JOSHUA TREE
6
$170,000
$163,750
3.82%

LAKE ARROWHEAD
41
$349,000
$515,000
-32.23%

LANDERS
8
$56,750
$102,500
-44.63%

LOMA LINDA
12
$266,000
$414,000
-35.75%

MENTONE
4
$267,500
$321,500
-16.80%

MONTCLAIR
21
$300,000
$409,000
-26.65%

MORONGO VALLEY
3
$113,000
$189,000
-40.21%

NEEDLES
3
$183,000
$86,000
112.79%

ONTARIO
96
$290,000
$411,000
-29.44%

PHELAN
10
$216,500
$338,750
-36.09%

PINON HILLS
5
$273,000
n/a
n/a

RANCHO CUCAMONGA
163
$385,000
$523,500
-26.46%

REDLANDS
45
$297,500
$429,000
-30.65%

RIALTO
76
$225,000
$354,500
-36.53%

RUNNING SPRINGS
13
$224,500
$255,000
-11.96%

SAN BERNARDINO
170
$168,500
$287,000
-41.29%

SUGARLOAF
11
$100,000
$196,000
-48.98%

TWENTYNINE PALMS
22
$137,000
$135,000
1.48%

TWIN PEAKS
6
$192,500
$265,000
-27.36%

UPLAND
55
$375,000
$555,000
-32.43%

VICTORVILLE
245
$180,000
$317,000
-43.22%

WRIGHTWOOD
4
$245,000
$332,500
-26.32%

YUCAIPA
51
$292,500
$350,500
-16.55%

YUCCA VALLEY
32
$147,500
$201,000
-26.62%

San Diego County
2,909
$370,000
$500,000
-26.00%

ALPINE
10
$492,500
$600,000
-17.92%

BONITA
16
$472,500
$635,000
-25.59%

BONSALL
3
$800,000
$1,100,000
-27.27%

BORREGO SPRINGS
4
$203,750
$400,000
-49.06%

CAMPO
2
$247,500
$295,000
-16.10%

CARDIFF BY THE SEA
10
$696,250
$632,250
10.12%

CARLSBAD
138
$642,500
$776,000
-17.20%

CHULA VISTA
274
$350,000
$480,000
-27.08%

CORONADO
22
$1,650,000
$1,090,000
51.38%

DELMAR
10
$1,650,000
$1,172,500
40.72%

EL CAJON
130
$287,500
$399,000
-27.94%

ENCINITAS
43
$705,000
$773,000
-8.80%

ESCONDIDO
175
$320,000
$480,000
-33.33%

FALLBROOK
38
$393,250
$632,500
-37.83%

IMPERIAL BEACH
10
$292,500
$400,000
-26.88%

LA JOLLA
52
$670,000
$1,165,750
-42.53%

LA MESA
52
$387,500
$485,000
-20.10%

LAKESIDE
28
$372,500
$430,000
-13.37%

LEMON GROVE
25
$250,000
$427,500
-41.52%

NATIONAL CITY
32
$277,500
$405,000
-31.48%

OCEANSIDE
204
$332,750
$440,000
-24.38%

PAUMA VALLEY
4
$550,000
$475,000
15.79%

PINE VALLEY
3
$280,000
$407,250
-31.25%

POWAY
44
$455,000
$659,000
-30.96%

RAMONA
39
$400,000
$465,000
-13.98%

RANCHITA
2
$252,500
n/a
n/a

RANCHO SANTA FE
8
$2,425,000
$2,250,000
7.78%

SAN DIEGO
1,152
$370,000
$490,000
-24.49%

SAN MARCOS
125
$383,000
$565,000
-32.21%

SAN YSIDRO
10
$230,500
$290,000
-20.52%

SANTEE
68
$325,000
$410,000
-20.73%

SOLANA BEACH
9
$975,000
$883,500
10.36%

SPRING VALLEY
62
$266,000
$417,000
-36.21%

VALLEY CENTER
12
$506,500
$600,000
-15.58%

VISTA
89
$350,000
$449,500
-22.14%

San Francisco County
432
$760,000
$824,000
-7.77%

SAN FRANCISCO
432
$760,000
$824,000
-7.77%

San Joaquin County
1,104
$225,000
$396,000
-43.18%

ESCALON
9
$279,000
$315,000
-11.43%

LATHROP
62
$255,000
$450,000
-43.33%

LOCKEFORD
3
$155,000
$392,000
-60.46%

LODI
71
$230,000
$325,000
-29.23%

MANTECA
141
$263,000
$389,000
-32.39%

RIPON
22
$387,500
$455,000
-14.84%

STOCKTON
566
$180,000
$330,000
-45.45%

TRACY
221
$300,000
$505,000
-40.59%

WOODBRIDGE
7
$220,000
$520,000
-57.69%

San Luis Obispo County
220
$455,500
$545,000
-16.42%

ARROYO GRANDE
23
$543,000
$707,500
-23.25%

ATASCADERO
21
$370,000
$443,000
-16.48%

AVILA BEACH
3
$650,000
n/a
n/a

CAMBRIA
7
$650,000
$622,500
4.42%

CAYUCOS
4
$812,000
$748,750
8.45%

GROVER BEACH
8
$335,750
$482,500
-30.41%

LOS OSOS
12
$407,500
$449,500
-9.34%

MORRO BAY
11
$631,000
$512,000
23.24%

NIPOMO
10
$515,500
$634,750
-18.79%

OCEANO
7
$375,000
$475,000
-21.05%

PASO ROBLES
54
$343,500
$494,000
-30.47%

PISMO BEACH
11
$599,000
$660,000
-9.24%

SAN LUIS OBISPO
39
$635,000
$570,000
11.40%

TEMPLETON
5
$309,000
$617,500
-49.96%

San Mateo County
461
$682,000
$800,000
-14.75%

BELMONT
21
$800,000
$1,005,000
-20.40%

BRISBANE
4
$592,500
$750,000
-21.00%

BURLINGAME
36
$1,575,000
$1,637,500
-3.82%

DALY CITY
74
$547,500
$685,000
-20.07%

EL GRANADA
2
$652,250
n/a
n/a

HALF MOON BAY
10
$754,500
$935,000
-19.30%

MENLO PARK
18
$1,105,000
$1,107,500
-0.23%

MILLBRAE
19
$1,000,000
$670,000
49.25%

MONTARA
2
$884,750
$725,000
22.03%

MOSS BEACH
3
$775,000
$803,000
-3.49%

PACIFICA
21
$580,000
$697,500
-16.85%

REDWOOD CITY
56
$835,000
$849,000
-1.65%

SAN BRUNO
30
$570,000
$600,000
-5.00%

SAN CARLOS
30
$1,022,500
$1,007,500
1.49%

SAN MATEO
89
$729,000
$825,000
-11.64%

SOUTH SAN FRANCISCO
31
$540,000
$718,750
-24.87%

Santa Barbara County
265
$339,000
$590,000
-42.54%

BUELLTON
4
$572,500
$610,000
-6.15%

CARPINTERIA
6
$610,000
$699,000
-12.73%

GOLETA
12
$624,500
$795,000
-21.45%

GUADALUPE
8
$174,250
$280,000
-37.77%

LOMPOC
43
$226,000
$375,000
-39.73%

LOS ALAMOS
4
$376,500
n/a
n/a

LOS OLIVOS
2
$507,250
n/a
n/a

SANTA BARBARA
63
$950,000
$1,225,000
-22.45%

SANTA MARIA
113
$280,000
$408,000
-31.37%

SANTA YNEZ
6
$602,500
$1,592,500
-62.17%

SOLVANG
3
$700,000
$682,500
2.56%

Santa CruzCounty
216
$550,000
$705,000
-21.99%

APTOS
23
$695,000
$800,000
-13.13%

BEN LOMOND
5
$368,500
$500,000
-26.30%

BOULDER CREEK
11
$525,000
$485,000
8.25%

CAPITOLA
16
$587,500
$709,500
-17.20%

FELTON
7
$445,000
$495,000
-10.10%

FREEDOM
2
$282,000
$555,000
-49.19%

SANTA CRUZ
66
$644,000
$739,000
-12.86%

SCOTTS VALLEY
18
$636,500
$800,000
-20.44%

SOQUEL
4
$715,000
$765,000
-6.54%

WATSONVILLE
59
$367,500
$566,250
-35.10%

Solano County
486
$299,000
$419,000
-28.64%

BENICIA
21
$477,000
$421,500
13.17%

DIXON
22
$307,500
$415,500
-25.99%

FAIRFIELD
120
$322,000
$469,000
-31.34%

RIO VISTA
16
$252,000
$365,000
-30.96%

SUISUN CITY
64
$264,000
$464,000
-43.10%

VACAVILLE
100
$307,250
$400,000
-23.19%

VALLEJO
142
$270,000
$413,500
-34.70%

Sonoma County
509
$385,000
$536,250
-28.21%

CLOVERDALE
11
$335,000
$500,000
-33.00%

COTATI
8
$355,000
$573,000
-38.05%

FORESTVILLE
3
$327,500
$540,500
-39.41%

GLEN ELLEN
2
$1,537,500
$1,225,000
25.51%

GUERNEVILLE
8
$310,000
$346,000
-10.40%

HEALDSBURG
18
$487,000
$630,000
-22.70%

KENWOOD
2
$745,750
$610,000
22.25%

PENNGROVE
2
$467,250
n/a
n/a

PETALUMA
64
$447,500
$601,000
-25.54%

ROHNERT PARK
49
$300,000
$412,000
-27.18%

SANTA ROSA
246
$353,000
$509,000
-30.65%

SEBASTOPOL
18
$632,000
$685,000
-7.74%

SONOMA
35
$518,000
$670,000
-22.69%

THE SEA RANCH
2
$1,175,000
n/a
n/a

WINDSOR
31
$415,000
$570,000
-27.19%

Stanislaus County
795
$201,000
$341,750
-41.19%

CERES
69
$212,000
$360,000
-41.11%

DENAIR
7
$278,000
$358,000
-22.35%

EMPIRE
3
$155,000
n/a
n/a

HUGHSON
13
$226,500
$307,500
-26.34%

KEYES
9
$107,500
$315,750
-65.95%

MODESTO
368
$174,500
$317,000
-44.95%

NEWMAN
29
$185,000
$297,000
-37.71%

OAKDALE
44
$247,500
$432,750
-42.81%

PATTERSON
74
$230,000
$414,000
-44.44%

RIVERBANK
45
$250,000
$355,000
-29.58%

SALIDA
28
$222,500
$323,500
-31.22%

TURLOCK
89
$240,000
$365,000
-34.25%

WATERFORD
16
$161,500
$285,500
-43.43%

Tulare County
340
$187,250
$230,500
-18.76%

DINUBA
12
$166,000
$238,000
-30.25%

EARLIMART
2
$181,500
$157,500
15.24%

EXETER
12
$220,500
$227,000
-2.86%

FARMERSVILLE
6
$186,000
$184,500
0.81%

LEMON COVE
2
$142,500
n/a
n/a

LINDSAY
6
$158,500
$175,000
-9.43%

PIXLEY
3
$102,500
$83,000
23.49%

PORTERVILLE
37
$175,000
$200,000
-12.50%

RICHGROVE
2
$95,000
n/a
n/a

STRATHMORE
2
$66,250
$198,500
-66.62%

TERRA BELLA
2
$206,250
$140,000
47.32%

TRAVER
2
$83,500
$130,000
-35.77%

TULARE
60
$177,750
$222,500
-20.11%

VISALIA
186
$197,250
$251,250
-21.49%

WOODLAKE
2
$170,750
$136,000
25.55%

Ventura County
735
$420,000
$582,000
-27.84%

CAMARILLO
72
$452,500
$551,750
-17.99%

FILLMORE
6
$363,500
$562,500
-35.38%

MOORPARK
41
$525,000
$746,000
-29.62%

NEWBURY PARK
50
$655,000
$720,000
-9.03%

OAK PARK
6
$475,000
$644,000
-26.24%

OAK VIEW
4
$387,500
$887,500
-56.34%

OJAI
13
$550,000
$592,500
-7.17%

OXNARD
188
$347,000
$570,000
-39.12%

PORT HUENEME
27
$290,000
$342,000
-15.20%

SANTA PAULA
13
$219,000
$575,000
-61.91%

SIMI VALLEY
136
$420,000
$564,000
-25.53%

THOUSAND OAKS
83
$500,000
$688,000
-27.33%

VENTURA
83
$420,000
$531,250
-20.94%

WESTLAKE VILLAGE
9
$840,000
$1,359,500
-38.21%

Yolo County
272
$310,000
$430,000
-27.91%

DAVIS
50
$525,000
$533,000
-1.50%

EL MACERO
33
$508,000
$495,000
2.63%

ESPARTO
7
$230,000
$430,000
-46.51%

WEST SACRAMENTO
104
$263,250
$376,000
-29.99%

WINTERS
5
$325,000
$465,000
-30.11%

WOODLAND
73
$275,000
$363,000
-24.24%

St Wendeler said...

It really sucks that the entire nation has to assume the risks of the California and Florida housing markets. It's a shame that borrowers have no clue about finance, economics, or math.

McCain will be a straight shooter, but it won't help his popularity. Obama will blame the problem on the fact that there are private investors involved in Fannie & Freddie (and all other lending institutions) and will seek to nationalize them all.

(He wouldn't be that audacious, would he?)

Robert said...

"Obama will blame the problem on the fact that there are private investors involved in Fannie & Freddie (and all other lending institutions) and will seek to nationalize them all."

err ... Substitute "George W Bush" for Obama and you have what actually happened. But hey, don't let facts get in your way. Facts are lib-tard stuff.