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 Americans are increasingly foolish with debt
By golfplan18 in Irvine CA 92620 2 comments, latest 3 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 3 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 3 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 1 month 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 1 month 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 1 month 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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Loan modification can-kicking going to extremes
By golfplan18 in Irvine CA 92620 posted 1 month ago:
http://ochousingnews.com/news/ If they were forced to write down the losses on their bad loans or approve too many short sales, the losses would drive them out of business — either that, or we would have... |
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 3152 Bermuda Dr., Costa Mesa, CA 92626
By JodyChunder in Costa Mesa CA 92626 6 comments, latest 1 month ago:
JodyChunder says Well, the property is likely to be available soon...the neighbors were pretty decent, FWIW. They seemed more concerned and saddened than they did discomfited...could be a great place to call home! |
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No escape velocity as depleted inventory pummels house sales
By golfplan18 in Irvine CA 92620 posted 1 month ago:
http://ochousingnews.com/news/ Typically, January is the slowest month of the year for real estate sales. Sales volume rises each month through July or August when it peaks as buyers rush to get into homes before their... |
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Faith in house price appreciation is religion in California
By golfplan18 in Irvine CA 92620 posted 1 month ago:
http://ochousingnews.com/news/ Besides, OC real estate has been and will continue to be desirable. Its also very cyclical and I knew there would be another cycle coming much sooner than the bears predicted. This place has... |
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Did stopping HELOC abuse kill the economy?
By golfplan18 in Irvine CA 92620 4 comments, latest 1 month ago:
CaptainShuddup says I remember those days. As my wife and I would schlep our meager purchases form BJ's, a few meat and putry items, and a few cases of bottled and canned good, and shove... |
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Great monthly payment affordability is driving sales
By golfplan18 in Irvine CA 92620 29 comments, latest 1 month ago:
taxee says David Losh says So, I don't really know how it all works, but think that the global economy is awash in cash, and it's going to where it pays the highest return. They... |
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Low MLS inventory a boon to homebuilders
By golfplan18 in Irvine CA 92620 posted 1 month ago:
http://ochousingnews.com/news/ I discussed the various market distortions resulting from the federal reserve’s zero-interest-rate policy. The inflated asset values are byproducts of the fed’s actions, but with respect to housing, the distortion of market prices is... |
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Is Mark Zandi a good choice to run the GSEs?
By golfplan18 in Irvine CA 92620 1 comment, latest 1 month ago:
Logan Mohtashami says Zandi has one of the worst records on housing calls Epic disaster Associated Press – Feb. 4 2006 “The pendulum, which had been fully in favor of employers, is swinging back in... |
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 Housing Inventory Crisis will Continue in 2013
By Logan Mohtashami in Irvine CA 92603 235 comments, latest 1 month ago:
Logan Mohtashami says robertoaribas says see you in several months, as prices continue to climb. Prices for sure are going up this year, there just isn't enough inventory coming to market fast enough. You would... |
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The only increase in housing demand is coming from investors
By golfplan18 in Irvine CA 92620 49 comments, latest 1 month ago:
CaptainShuddup says bmwman91 says This sort of touches on the greater issue of our single-party government with two marketing departments. Damn that's good stuff. |
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How might the house mortgage interest deduction be changed?
By golfplan18 in Irvine CA 92620 3 comments, latest 1 month ago:
ducsingle5313 says robertoaribas says I imagine it would be grandfathered in, and eliminated or reduced going forward. I don't think giving special treatment to those who currently have mortgages will go over very well. Especially... |
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 Friend is a serial cheater, he has wife and kids... should I rat him out?
By Goran_K in Laguna Beach CA 92651 88 comments, latest 1 month ago:
APOCALYPSEFUCK is Shostakovich says elliemae says AF: you are twisted. But I like it... You know moi. I try to be constructive and find the win-win scenario. |
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New down payment requirements could crash housing again
By golfplan18 in Irvine CA 92620 35 comments, latest 1 month ago:
Goran_K says APOCALYPSEFUCK is Shostakovich says Name one person who has been bagged for laundering money through RE, anywhere but particularly the states. There ain't none in the US because the whole industry is criminalized.... |
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Obama urges lenders to make bad loans to irresponsible borrowers at taxpayer exp
By golfplan18 in Irvine CA 92620 5 comments, latest 1 month ago:
marco says Obama sold out every average American to his Bankster and Wall Street buddies in the first 60 days after his first election. And is still doing it. Here's what a black man with... |
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