Near Irvine CA 92614

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How reverse mortgages cause financial cancer and emotional pain - OC Housing New
By golfplan18 in Irvine CA 92620   1 comment, latest 2 hours ago:
zzyzzx says If I were dictator, I would outlaw reverse mortgages.

High loan costs cause FHA originations to plunge - OC Housing News
By golfplan18 in Irvine CA 92620   32 comments, latest 18 hours ago:
CaptainShuddup says CaptainShuddup says I do plan on paying this off early eventually, or I'll sell it and move on. But I'll never just refinance to be out of a FHA loan. Unless some future...

What will the next housing bust be like? - OC Housing News
By golfplan18 in Irvine CA 92620   posted 2 days ago:
http://ochousingnews.com/blog/ Based on the moral hazard from lessons learned from the last housing bust, future housing declines will experience very, very low sales volumes. Source: http://ochousingnews.com/blog/

California Dreamin' of having your own room...
By Quigley in Huntington Beach CA 92647   posted 2 days ago:
This article just nails the situation dead-on. Housing in California has become a luxury instead of a necessity. Hard-working educated Americans with high paying jobs are having difficulty affording basic residences, even on two incomes....

House ownership with no mortgage is the best retirement plan - OC Housing News
By golfplan18 in Irvine CA 92620   posted 5 days ago:
http://ochousingnews.com/blog/ The best savings and investment plan for a stress-free retirement involves paying off a home mortgage. Source: http://ochousingnews.com/blog/

The big right-wing housing bubble lie - OC Housing News
By golfplan18 in Irvine CA 92620   49 comments, latest 5 days ago:
The Professor says The Professor says Can anyone list five important issues where the electorate are evenly divided? Guess not? Tweedle Dee and Dum are both just puppets of the same master.

People who lost their homes in foreclosure moved in next door - OC Housing News
By golfplan18 in Irvine CA 92620   posted 6 days ago:
http://ochousingnews.com/blog/ Rather than exacerbating a problem with homelessness or creating a mass migration, most people who lost homes in foreclosure stayed in their neighborhoods. Source: http://ochousingnews.com/blog/

Will subprime mortgage lending 2.0 be a disaster? - OC Housing News
By golfplan18 in Irvine CA 92620   2 comments, latest 1 week ago:
Blurtman says Why should homeowners who default on a mortgage that turns out to be a bad investment be treated any differently than a company that defaults on a loan that turns out to be...

Economic Denial From Builders "The Sequel"
By Logan Mohtashami in Irvine CA 92603   36 comments, latest 1 week ago:
Diva24 says The weather is fine, there are no kids.... prices are just too high!

OC Housing News clarifies the rent versus buy decision
By golfplan18 in Irvine CA 92620   posted 1 week ago:
http://ochousingnews.com/blog/ The updated OCHN rating system helps buyers evaluate each property on the MLS for its ownership value relative to renting. Source: http://ochousingnews.com/blog/

Housing market update: rents up, prices up, sales down - OC Housing News
By golfplan18 in Irvine CA 92620   posted 1 week ago:
http://ochousingnews.com/blog/ A slowly improving economy and tight inventory for both rentals and resale homes drives up rents and prices while harming home sales rates. Source: http://ochousingnews.com/blog/

Low mortgage rates fail to overcome buyer reluctance - OC Housing News
By golfplan18 in Irvine CA 92620   posted 1 week ago:
http://ochousingnews.com/blog/ Mortgage interest rates are lower than last year, but sales volumes are also lower than last year as low rates fail to entice additional homebuyer demand. Source: http://ochousingnews.com/blog/

Housing market faces intractable problems with demand - OC Housing News
By golfplan18 in Irvine CA 92620   posted 2 weeks ago:
http://ochousingnews.com/blog/ A federal reserve study concludes weak demand in the housing sector is structural and will not be corrected by low mortgage interest rates. Source: http://ochousingnews.com/blog/

Having children in an overpopulated world
By Quigley in Huntington Beach CA 92647   31 comments, latest 2 weeks ago:
Peter P says China was quite successful in implementing their one-child policy. We just need to build upon it to include market-based cap-and-trade elements and then apply it globally. Reproduction should NOT be a basic...

Bankers' refusal to make bad loans hinders housing recovery - OC Housing News
By golfplan18 in Irvine CA 92620   1 comment, latest 2 weeks ago:
APOCALYPSEFUCKisShostikovitch says Only ASSHOLES! need mortgages. If they can't buy houses for cash, they deserve to have every last dime they'll ever make vacuumed from them in rent.

Mortgage and foreclosure crisis 2.0 - OC Housing News
By golfplan18 in Irvine CA 92620   posted 2 weeks ago:
http://ochousingnews.com/blog/ The mortgage and foreclosure debacle of 2008 was cut short by government intervention. A second round of deferred distressed sales is yet to hit the market. Source: http://ochousingnews.com/blog/

Federal program to avoid foreclosure a dismal failure - OC Housing News
By golfplan18 in Irvine CA 92620   2 comments, latest 2 weeks ago:
Blurtman says C.H.U.D. >

High prices hurting new house sales - OC Housing News
By golfplan18 in Irvine CA 92620   posted 2 weeks ago:
http://ochousingnews.com/blog/ High home prices is hurting new home sales, which may slow homebuilding employment growth and perpetuate economic weakness. Source: http://ochousingnews.com/blog/

Only bankers benefit from recent house price inflation
By golfplan18 in Irvine CA 92620   3 comments, latest 2 weeks ago:
mell says Yep.

Delinquent mortgage squatters receive both praise and blame
By golfplan18 in Irvine CA 92620   1 comment, latest 3 weeks ago:
Blurtman says He seems to have used his free time to work out.

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