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 The housing bears are rightfully frustrated
By golfplan18 in Irvine CA 92620 77 comments, latest 3 hours ago:
robertoaribas says David Losh says Banks made a mistake when they went to 28% interest. All banks got the same deal, most took it, because they would rather be paid than not paid. Two that... |
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New report may kill the house mortgage interest deduction
By golfplan18 in Irvine CA 92620 28 comments, latest 5 hours ago:
robertoaribas says Call it Crazy says You DIDN"T vote yourself a 15fold increase in taxes because YOU don't live in those houses, your TENANTS do!!! You just voted THEM an increase in their rent, because... |
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Loanowners are in no hurry to list and sell their houses
By golfplan18 in Irvine CA 92620 1 comment, latest 1 day ago:
Mobi says It depends on several things. 1) Is it really reaching near-peak level? Not nearly close enough in many areas. 2) For those who really wants to sell (whatever reason), they will when they... |
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62% of delinquent loans are more than 90 days past due
By golfplan18 in Irvine CA 92620 8 comments, latest 3 days ago:
robertoaribas says how many are 90 days late doesn't really matter. If anything, that percent is low, but it could be low for one of two reasons: 1. banks are actually foreclosing/short selling the majority... |
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Can a housing market rally by sustained with fewer homeowners?
By golfplan18 in Irvine CA 92620 posted 3 days ago:
http://ochousingnews.com/news/ Historically, in housing markets that displayed robust price increases, the rally was driven by increasing employment and rising wages. This has long been considered a fundamental of all housing price movements. The logic behind... |
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House prices nearing affordability limits in many markets
By golfplan18 in Irvine CA 92620 4 comments, latest 5 days ago:
APOCALYPSEFUCK is Shostakovich says Housing affordability blew by any sane limits in 1974. We've been fucked and looking the other way since then. Our only hope is a cleansing epoch of full bore cannibal anarchy. |
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What would Watt do as the new head of the GSEs?
By golfplan18 in Irvine CA 92620 1 comment, latest 1 week ago:
fedwatcher says Whatever the banks want. |
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Irvine's Great Park boondoggle blows $200 million
By golfplan18 in Irvine CA 92620 posted 1 week ago:
http://ochousingnews.com/news/ What happens when you give politicians $200 million with no accountability? They blow it. So it was with the money the City of Irvine extracted from developers to create the Great Park. So far,... |
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The federal reserve is inflating a bubble in the apartment market
By golfplan18 in Irvine CA 92620 1 comment, latest 1 week ago:
pkennedy says Cash flow on these properties is still very good. It will dwindle but we have a floor now. Investors wont let it just fall again because there are too many who missed out.... |
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 7685 CLAY Ave Huntington Beach, CA 92648
By Goran_K in Huntington Beach CA 92648 3 comments, latest 1 week ago:
Goran_K says I actually was 50/50 on this house. My wife was the one who hit the eject button immediately in front of the agent. |
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Wanted: House for $500,000 in Huntington Beach, CA 92646
By anonymous in Huntington Beach CA 92646 1 comment, latest 1 week ago:
Strategic Renter says Why? I lived there for two years. Couldn't wait to get out of that dump. |
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Former Landlord asking me politely for more money for cleaning/fixing
By Goran_K in Laguna Beach CA 92651 48 comments, latest 1 week ago:
Mobi says FunTime says This would bum me out too. I wouldn't pay anything. Stories like these suggest being a landlord isn't just about how far you can walk your dog in the desert. No.... |
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 The type of drone we can all love
By Quigley in Huntington Beach CA 92647 2 comments, latest 1 week ago:
CaptainShuddup says "See that? ...it's a beer cloud! It's going to beer today. " I had a friend that would say that every time he saw the Budweiser blimp. But then sure as shit, we... |
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Expect years of low sales volumes in residential real estate
By golfplan18 in Irvine CA 92620 2 comments, latest 2 weeks ago:
dodgerfanjohn says This is sort of misleading. If there is issue of banks withholding inventory(and I have some reason to believe that's not exactly the case), they will sell when the properties will sell at... |
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Americans are increasingly foolish with debt
By golfplan18 in Irvine CA 92620 2 comments, latest 2 weeks ago:
ttsmyf says Look at the last chart here http://patrick.net/forum/?p=12 Collectively, we have been/are severely DRUNK. |
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Large down payments provide stability to the housing market
By golfplan18 in Irvine CA 92620 4 comments, latest 2 weeks ago:
BobMSN says The downpayment is the last defence. But if tax payer's money is not involved, who cares about the downpayment? The bank can give the money away with 0 downpayment if they want to... |
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Renter's guide to preparing for house ownership
By golfplan18 in Irvine CA 92620 posted 2 weeks ago:
http://ochousingnews.com/news/ I have been accused of being “old school” because I never embraced the innovations in real estate finance that inflated the housing bubble. In 2006 preparing for home ownership only required finding a house... |
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With house prices rising, the value of lots and raw land is skyrocketing
By golfplan18 in Irvine CA 92620 1 comment, latest 3 weeks ago:
FortWayne says Every time I hear about raw residential land I am reminded of a local deadbeat who lives in a trailer for the past 20 some years waiting for someone to buy his side... |
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Can the Fed reflate the housing bubble without negative side effects?
By golfplan18 in Irvine CA 92620 18 comments, latest 3 weeks ago:
fedwatcher says Can the Fed inflate another housing bubble? Yes! They have done so in many but not all markets. Many cities in Santa Clara County California have already passed 2006-2007 peaks and are at... |
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The bearish case for another leg down in housing
By golfplan18 in Irvine CA 92620 29 comments, latest 3 weeks ago:
fedwatcher says While many follow house price predictions, they fail to see that once again housing is local. Roberto is in one market and has played it well, but most of us are in other... |
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