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Posts Tagged ‘Foreclosures’

Recently, California’s US Senator, Barbara Boxer, released a report entitled “The Realities of Recession in California”.

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Fool’s Gold

I bought my first home at the end of 1995. It was a 1950’s starter home, built in the big growth period that identified so much of the California Baby Boom generation.  It was a familiar sort of home and neighborhood, since my early days were spent in such homes when they were new.  It was a fixer, and I paid a little less then $90,000. Even then that was a steal. My neighbor, in back of me had paid $115,000, for his; a couple of years prior. (more…)

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