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Mortgage broker sent to prison
By tvgnus  posted 1 day ago:
http://www.centralvalleybusine Stole escrow funds •  Theft forced homeowners into bankruptcy Steve Kessedjian, 51, of Los Angeles, on Monday was sentenced in Fresno U.S. District Court to 21 months in prison for defrauding clients of escrow...

Churches help to provide senior housing
By tovarichpeter in South San Francisco CA 94080   posted 1 day ago: Rector and Senior Pastor Michael Burke stands in the chapel at St. Mary's Episcopal Church on Wednesday, April 9, 2014. The church is planning on building senior housing in the lower parking lot of...

McMansions are a major cause of our economic problems
By tovarichpeter in South San Francisco CA 94080   13 comments, latest 1 day ago:
sbh says Call it Crazy says sbh says Going from 3200 squares to 1100 in a condo is a bit of a task though. But I don't own a single ladder, trowel, hose, sprayer, piece...

These Deals Adding Danger To China's Real Estate Market
By BayAreaObserver  posted 2 days ago:
Tying up two high-risk industries could be a bad idea for both. Those fears are expected to be amplified next week as China is set to release a report on its weakest economic growth since...

JPMorgan's Jamie Dimon thinks interest rates will double
By Patrick in Menlo Park CA 94025   17 comments, latest 2 days ago:
turtledove says Ceffer says That's optimism for you. I think "fleeting" might be more apropos. You guys shouldn't take it so personally. It's just like when you get a raise. Don't you immediately feel as...

Miss Housing Nirvana Cries Uncle
By Logan Mohtashami in Irvine CA 92603   23 comments, latest 2 days ago:
Logan Mohtashami says The Professor says s that tapering I see at the end of the Fed balance sheet line? Split between MBS and treasuries is there so they on nominal basis buying less but...

The densest settlement in the world
By JH in Fullerton CA 92833   3 comments, latest 2 days ago:
clambo says I remember flying into the old airport Kai Tek once and we went right over that crowded spot, it was exciting.

New Business Model for REALTORs
By APOCALYPSEFUCKisShostikovitch  5 comments, latest 2 days ago:
APOCALYPSEFUCKisShostikovitch says lostand confused says Are there any real life hot lesbian couples? Most look like this. Who cares? As long as two comely ladies eat each other out and scissor hump like crazed weasels...

Bay Area at high risk of landslides
By tovarichpeter in South San Francisco CA 94080   posted 2 days ago: No one foresaw the collapsing hillside that killed 10 people along the Santa Cruz Mountains' Love Creek in 1982. Four people still lie buried there, never to be found. But no one knows better...

Middle Class was "Fed" to the Sharks
By Patrick in Menlo Park CA 94025   152 comments, latest 3 days ago:
bgamall4 says tatupu70 says There is and was no shortage of wealth/cash available. The .01% has enormous amounts of it. Blackstone is the largest home investor, and they are leveraged to the max with loans...

Americans build tiny houses and new lives
By tovarichpeter in South San Francisco CA 94080   posted 3 days ago: More and more Americans are building tiny houses, drawn to the prospect of financial freedom and a smaller ecological footprint. Gianna Palmer reports on the growing movement from Charlotte, North Carolina. When Sicily Kolbeck...

Real estate in Iraq: boom or crisis?
By JH in Fullerton CA 92833   posted 3 days ago: These bountiful natural resources [oil and gas] combined with the relative stability of northern Iraq have helped fuel a nascent luxury property boom in recent years -- no mean feat in a country that...

Cross-border property investment: 33% from Canada, 3% from China
By JH in Fullerton CA 92833   posted 3 days ago:
Chinese investment in US real estate is increasing rapidly as we all know, but it is far short of that of Canada and other sources.

Without iwog and roberto has pnet become too "fair and balanced" (aka lopsided
By Rew in San Jose CA 95117   43 comments, latest 3 days ago:
Wildebeest says EBGuy says Off topic..... Does EB stand for early bronco? Just curious.

Miami leads in foreclosures in first quarter
By tovarichpeter in Menlo Park CA 94025   7 comments, latest 3 days ago:
bob2356 says thunderlips11 says I do know that many Russians come over with jewelry (often painted over diamonds in gaudy bright reds, greens, etc. to look like costume jewelry), sell it for cash, then buy...

Frustrated house shopper takes revenge on new homeowner
By golfplan18 in Irvine CA 92620   2 comments, latest 3 days ago:
thunderlips11 says Entitled wealthy people, what else is new?

Be very wary of reverse mortgages
By tovarichpeter in South San Francisco CA 94080   posted 3 days ago:

The bill for house-equity lines is coming due
By ChapulinColorado in Sacramento CA 95834   65 comments, latest 3 days ago:
ChapulinColorado says Bubbabear says ChapulinColorado says So long as interest rates don’t spike and Americans don’t flood the market with houses for sale, things will stay pretty stable. Aaaah! Something I can hold my breath...

We are reaching another real estate extreme.
By REpro in San Jose CA 95123   79 comments, latest 4 days ago:
REpro says House got a fresh new listing. Slightly reduced.

Non profit housing
By tovarichpeter in South San Francisco CA 94080   posted 4 days ago:
http://us7.campaign-archive1.c This year marks NPHs 35th Anniversary and we are excited to celebrate with all of our members and supporters! To pay tribute to this momentous milestone we are planning a special Leadership Awards in...

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