Near Irvine CA 92620

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My take on the soft existing home sales numbers today
By Logan Mohtashami in Irvine CA 92603   254 comments, latest 1 hour ago:
iwog says Logan Mohtashami says 2017 is the year I tag where economic numbers will see the full impact of the Federal Reserve rate hikes which will happen either late 2015 or 2016. So we...

Frustrated house shopper takes revenge on new homeowner
By golfplan18 in Irvine CA 92620   3 comments, latest 1 day ago:
P N Dr Lo R says Well this is after all California, what else did you expect?

California house sales hit six-year low
By golfplan18 in Irvine CA 92620   14 comments, latest 1 day ago:
Dan8267 says jazz music says For the wealthy these are the best of times ever. So yes, the median price of homes can only go up. With the ever widening rich-poor gap, I would say...

Californias Homeowner Bill of Rights increases foreclosure timelines
By golfplan18 in Irvine CA 92620   2 comments, latest 3 days ago:
FortWayne says Property values plummeted because of actions by the banks. But banks got bailed out, and after that got greedy and started taking everything away from middle class they could. All of a sudden...

Fixing the broken lower rungs of the property ladder
By golfplan18 in Irvine CA 92620   12 comments, latest 3 days ago:
CaptainShuddup says New Renter says Note low end does not mean ghetto. What I am talking about is smaller homes (1000-1500 sqft) on smaller lots (under 7000 sqft) in decent used shape and not in...

Freddie, Fannie reform will foil housing reflation efforts
By golfplan18 in Irvine CA 92620   1 comment, latest 5 days ago:
bgamall4 says This article is likely wrong in one way, in the long run. The Bernanke backstop, the guarantee of loans will happen with or without Fannie/Freddie even existing. The TBTF banksters want the GSE...

Weak Job and wage growth hobbles housing
By golfplan18 in Irvine CA 92620   posted 5 days ago:
http://ochousingnews.com/blog/ Weak job growth creates persistent unemployment and slows wage growth, which delays a durable housing recovery based on fundamentals. For the housing market to really improve, the fundamentals underpinning the market must improve because...

Miss Housing Nirvana Cries Uncle
By Logan Mohtashami in Irvine CA 92603   23 comments, latest 6 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...

Toxic loan peddlers failed to foresee the housing crash
By golfplan18 in Irvine CA 92620   18 comments, latest 1 week ago:
corntrollio says myob says At some level, someone knew that this was a fraud. Yes, that's definitely true. The way these companies operated with respect to MBSes and CDOs is consistent with that view. It...

Has FHA increased their fees so high they are now a predatory lender?
By golfplan18 in Irvine CA 92620   3 comments, latest 1 week ago:
jvolstad says Taxpayers should not be in the business of insuring mortgages. Want a house? Put down 20% and you will get your conventional mortgage.

California housing market update: affordability marginal, prices flat
By golfplan18 in Irvine CA 92620   1 comment, latest 1 week ago:
JH says golfplan18 says with few sub-markets overvalued or undervalued. Must be referring to markets outside OC and much of CA. Otherwise this is hot air. golfplan18 says but these slowly evaporate because the spring...

Are convicted sex offenders living in your neighborhood?
By golfplan18 in Irvine CA 92620   17 comments, latest 1 week ago:
Call it Crazy says Ceffer says "Are convicted sex offenders living in your neighborhood?" No, everybody in my neighborhood are really sneaky. ....and haven't been caught.... yet...

Six reasons higher interest rates hurt house prices
By golfplan18 in Irvine CA 92620   1 comment, latest 1 week ago:
donjumpsuit says I was just sitting here thinking today that house prices weren't high enough, then that pesky interest rate went up!

Would permitting in-law units destroy good neighborhoods?
By golfplan18 in Irvine CA 92620   1 comment, latest 2 weeks ago:
CaptainShuddup says Neighborhoods with in law quarter permitting generally have more relaxed zoning rules, than Neighborhoods with out them. They are great while the owners live there or rent the main house out to decent...

Are California house prices fairly valued or overvalued?
By golfplan18 in Irvine CA 92620   10 comments, latest 2 weeks ago:
edvard2 says I guess as someone who went through the cycle a few times before buying, trying to make a guess as to whether the market is overvalued or not is difficult. California's economy and...

Do lenders care about keeping delinquent borrowers in their homes?
By golfplan18 in Irvine CA 92620   4 comments, latest 2 weeks ago:
Bubbabear says APOCALYPSEFUCKisShostikovitch says Does Jeffrey Dahmer care about the wellness of people he eats? He only cared if they were well done

Was removing distressed house supply essential to the economic recovery?
By golfplan18 in Irvine CA 92620   6 comments, latest 2 weeks ago:
hrhjuliet says John Bailo says Treating homes -- an essential human need -- in this way is akin to state torture. But remember, being human and wanting a better world for everyone is totally out...

Rental parity establishes the value of residential real estate
By golfplan18 in Irvine CA 92620   4 comments, latest 2 weeks ago:
New Renter says hanera says Anyone who have bought in California between 2010-2012 have cost of ownership lower than rent.

Renters deserve housing bailouts too
By golfplan18 in Irvine CA 92620   2 comments, latest 2 weeks ago:
New Renter says There is already section 8 for low income renters. Regardless any assistance would immediately result in rental increases because of higher affordability, just as lowered interest rates triggered higher home prices. Now...

Tax policy inflates house prices for the affluent
By golfplan18 in Irvine CA 92620   posted 3 weeks ago:
http://ochousingnews.com/blog/ Home mortgage interest deduction encourages high wage earners to borrow more; capital gains tax exemption encourages wealthy to invest more in personal homes. The combined effect inflates house prices. Politicians promote home ownership through...

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