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Chronic shortages of housing supply inflates California house prices
By golfplan18 in Irvine CA 92620   3 comments, latest 1 hour ago:
bgamall4 says The wealthy buy them up and then supply is controlled. That is how the housing scam in Australia works as well.

Despite industry spin, mortgage lending standards are not tight
By golfplan18 in Irvine CA 92620   3 comments, latest 1 day ago:
APOCALYPSEFUCKisShostikovitch says zzyzzx says APOCALYPSEFUCKisShostikovitch says They're giving borrowers the mirror fog test before they drop a note on them! Since when are corpses denied home loans??? It's the end, I tell you. Fuggin' librul...

Ferguson: case closed!
By Quigley in Huntington Beach CA 92647   44 comments, latest 1 day ago:
Quigley says bgamall4 says Quigley says The "case" is closed because at the moment the officer had sustained such an injury from the confrontation, the moral duty of proof passed to the other man to...

Loan modifications destroyed the move-up market for a generation
By golfplan18 in Irvine CA 92620   posted 2 days ago:
http://ochousingnews.com/blog/ Loan modifications for underwater borrowers preserves the debt so appreciation that ordinarily supports a move-up housing market instead flows to lenders. Lenders limit financed homebuyers based on borrower income, yet many houses sell at...

Rising Inventory & Low Rates Hasn't Created More Housing Demand
By Logan Mohtashami in Irvine CA 92603   79 comments, latest 2 days ago:
Logan Mohtashami says E-man says Anyone with 1/2 a brain would say about 2% Then please categorize me with someone that has a half a brain, I truly and proudly belong in that group. In...

Tepid wage growth and rising house costs prices out low-income households
By golfplan18 in Irvine CA 92620   5 comments, latest 2 days ago:
Call it Crazy says bubblesitter says Do we ever care about low-income households? Not in the SFBA..

Housing recovery hopes crushed as July house sales plummet
By golfplan18 in Irvine CA 92620   3 comments, latest 4 days ago:
bubblesitter says No matter what happens of sales, prices will still go up.

How changing loss recognition rules could restore lender solvency
By golfplan18 in Irvine CA 92620   posted 5 days ago:
http://ochousingnews.com/blog/ Why have lenders permitted millions of delinquent borrowers to squat for years? Why haven’t they processed foreclosures in a timely manner and recycled much-needed supply back into the housing market? The short answer is...

Potential buyers are losing their enthusiasm for housing
By golfplan18 in Irvine CA 92620   2 comments, latest 1 week ago:
Diva24 says The problem is that prices have not crashed enough to be affordable for many whose wages have been stagnant since before the bubble. Home prices were artificially inflated and those who owned or...

Zillow-Trulia will reduce the number of bad real estate agents
By golfplan18 in Irvine CA 92620   4 comments, latest 1 week ago:
bubblesitter says That means they have to fire all of them. :)

Will house sellers' motivation increase with the changing market?
By golfplan18 in Irvine CA 92620   3 comments, latest 1 week ago:
phaster says Just had an agent send me a flyer for a just listed 13 unit rental (right next door to one of my rentals in SD) for 2.6 million, well see how fast that...

Will rising wages offset the impact of rising mortgage rates?
By golfplan18 in Irvine CA 92620   8 comments, latest 1 week ago:
New Renter says Bellingham Bill says zzyzzx says What rising wages? Bellingham Bill says zzyzzx says What rising wages? Funny, in my branch of STEM compensation is pretty much the same as it was in...

Will a global economic slowdown trigger a US recession and housing bust?
By golfplan18 in Irvine CA 92620   7 comments, latest 1 week ago:
Call it Crazy says epitaph says Do you think it's possible for interest rates to drop back to what they were a year or two ago? It should depend on where the 10 year T...

As lenders slow-play loan modifications, delinquent borrowers enjoy free housing
By golfplan18 in Irvine CA 92620   1 comment, latest 2 weeks ago:
Call it Crazy says I've also read that like 60% of people who received a mortgage modification end up re-defaulting, so they get to extend their FREE housing even longer!

B of A:Reflated mini-bubble to peak in 2016
By golfplan18 in Irvine CA 92620   1 comment, latest 2 weeks ago:
Diva24 says golfplan18 says the only way potential homebuyers will gain peace-of-mind from their purchase is to either buy on blind faith — which burned millions last time — or gain understanding of reliable valuation...

It's a tough job market for SoCal real estate development professionals
By golfplan18 in Irvine CA 92620   1 comment, latest 2 weeks ago:
bubblesitter says Yeah, it is only easy for cash rich buyers, for all else it is tough.

House ownership rate hits new lows OC Housing News
By golfplan18 in Irvine CA 92620   1 comment, latest 3 weeks ago:
APOCALYPSEFUCKisShostikovitch says Everyone in OC is finally figuring out that only ASSHOLES! actually buy and live in houses.

Shiller: housing faces turning point as seasonally adjusted prices fall in May
By golfplan18 in Irvine CA 92620   posted 3 weeks ago:
http://ochousingnews.com/blog/ Seasonally adjusted home prices fell in may for the first time in over two years. Robert Shiller warns of possible turning point in the housing market. House_CrashWhen a housing market reaches a top, it’s...

The Chinese housing bubble deniers are wrong
By golfplan18 in Irvine CA 92620   posted 3 weeks ago:
http://ochousingnews.com/blog/ The housing bubble deniers in China use poor reasoning and macroeconomic arguments to ignore their massive Ponzi scheme. Here in America, the bubble deniers — and Never forget the bulls and bubble deniers were...

REO-to-rental hedge funds cashing out
By golfplan18 in Irvine CA 92620   4 comments, latest 3 weeks ago:
HydroCabron says It has never been a better time to sell an Executive Travertine Family Home! Sell now, or be priced in forever!

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