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 Corelogic: home price appreciation to wane in 2013
By golfplan18 in Irvine CA 92620 2 comments, latest 5 hours ago:
robertoaribas says John Bailo says Yeah, it's gonna drop like a brick. wane means "slow down"... And I agree, I'm only expecting 10% appreciation from say today till a year from now, compared to the... |
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The housing bears are rightfully frustrated
By golfplan18 in Irvine CA 92620 83 comments, latest 1 day ago:
Oil Can says robertoaribas says this is how I want to spend my days, when I am an old guy: cleaning somebody's kitchen for $20 an hour! How many people do you employ on a... |
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The 10 biggest obstacles to reflating the housing bubble
By golfplan18 in Irvine CA 92620 posted 1 day ago:
http://ochousingnews.com/news/ Whether or not this is a good idea depends on your perspective. If you’re a renter whose tax dollars are being diverted toward this endeavor, these efforts are not particularly welcome. Renters receive no... |
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New report may kill the house mortgage interest deduction
By golfplan18 in Irvine CA 92620 29 comments, latest 1 day ago:
fedwatcher says For a landlord. mortgage interest will always remain as a cost of doing business as it should be. If we eliminate the mortgage interest deduction, which we should, it must be done over... |
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Wanted: House for $350,000 in Huntington Beach, CA 92647
By anonymous in Huntington Beach CA 92647 posted 1 day ago:
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Loanowners are in no hurry to list and sell their houses
By golfplan18 in Irvine CA 92620 1 comment, latest 4 days 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 6 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 6 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 1 week 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 2 weeks 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 2 weeks 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 2 weeks 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 2 weeks 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 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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