LAO

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threads pinned by LAO
authored 322 comments and 76 threads

LAO's threads


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I thought summer was home buying season?
by LAO on 23 Aug 2010   3 comments, latest 14 years ago
Doesn't look like many homes are being sold this summer? Got a long fall and winter before the next Spring buying season... lots of time for price cuts.

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Prediction on Interest Rates August 2011?
by LAO on 13 Aug 2010   5 comments, latest 14 years ago
Anyone have a prediction on what you can get a 30 year fixed mortgage for in August 2011? My guess would be 3.25% with Fico between 760-850. Which would ...

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Can a fully paid for Condo be forclosed on by HOA?
by LAO on 1 Jul 2010   28 comments, latest 14 years ago
http://www.npr.org/templates/s I don't understand this article... How can a property someone owns outright be foreclosed on by a HOA? At the very least wouldn't the owners get the money ...

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Consumer inflation vanishes, a boon for borrowers
by LAO on 19 May 2010   10 comments, latest 15 years ago
- Inflation has essentially disappeared, and that gives the Federal Reserve more room to keep interest rates at record lows. Paul Ashworth, senior U.S. economist at Capital Economics, said ...

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California the NEW Greece?
by LAO on 12 May 2010   110 comments, latest 15 years ago
Schwarzenegger Warns of "Terrible Cuts, Absolutely Terrible Cuts" Coming in California More evidence that California is the new Greece. As the state grapples with a horrible budget situation, Arnold Schwarzenegger ...

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Stock Market getting raped this afternoon...
by LAO on 6 May 2010   31 comments, latest 15 years ago
down 513 pts in a matter of minutes... biggest drop since last march 2008? ?? can't remember #investing

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What is the worst that could happen?!!!
by LAO on 3 Mar 2010   32 comments, latest 15 years ago
http://www.mercurynews.com/bay ********** Â Liebelt, 36, and his girlfriend, Jessica Taylor, bought their four-bedroom house with a swimming pool in West San Jose in 2006 for $815,000. They made interest-only ...

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Govt spends $745 Billion to bring all homeowners to BREAK-EVEN...
by LAO on 3 Feb 2010   28 comments, latest 15 years ago
Ok, this isn't happening YET.. But after the $700B bank bail outs.. What's to keep the government from giving out tax rebates and incentives to underwater homeowners to stay ...

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DOW below 10,000...
by LAO on 5 Feb 2010   34 comments, latest 15 years ago
how low will we go? Will we have another terrible dive thru March like last year? Feb 5th thru March 3rd was NOT pretty last year... Are we jinxed ...

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Double Dip Recession.. or entrance to Depression started last week...
by LAO on 22 Jan 2010   25 comments, latest 15 years ago
What are your opinions on the recent Stock market pullback, increase in unemployment figures, and shadow inventory galore? I think people are finally waking up after the bailouts.. and ...

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What's going on with this $325K Woodland Hills home?
by LAO on 2 Feb 2010   Posted 15 years ago
http://www.redfin.com/CA/Woodl It was purchased in May 2006 for a bubble-price of $580K... Then sold for $361K in Aug 2009... Now it's a bank-owned REO as of Feb 1st, 2010.. ...

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Homes in Los Angeles selling again?! Why?28013
by LAO on 14 Jan 2010   8 comments, latest 15 years ago
My redfin FAVORITES have been selling like hotcakes over the past 2 months… Dec.-Jan I keep getting notices that my favorite homes in the $400K-600K price range are being ...

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Homes in Los Angeles selling again?! Why?28012
by LAO on 14 Jan 2010   Posted 15 years ago
My redfin FAVORITES have selling like hotcakes over the past 2 months... Dec.-Jan I keep getting notices that my favorite homes in the $400K-600K price range are being sold. ...

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Unemployment Data bullcrap?!
by LAO on 7 Jan 2010   1 comment, latest 15 years ago
 Does anyone know if they count unemployment claims that are DENIED or in the lengthy APPEALS process count in the unemployment data? I know 6 people personally fired ...

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$130K-199K condos in Tarzana, CA
by LAO on 22 Nov 2009   13 comments, latest 15 years ago
 UPDATED INFO : The $129K condo I looked at over Thanksgiving weekend just got a price update on REDFIN.... Amazingly it's new asking price is $213K!  As ...

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Should we buy a home in Los Angeles in 2010?
by LAO on 5 Nov 2009   55 comments, latest 15 years ago
My fiance and I are both 29... soon to be 30. Getting married in a June 2010. (Paying for it all ourselves... and have the savings to do it). ...

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Best Home Rental website?
by LAO on 11 Nov 2009   4 comments, latest 15 years ago
I'm not talking apartments... I'm talking 2-3 bedrooms homes with yards for rent in Los Angeles area.. Anyone know the best "free" websites to visit.. I know of www.westsiderentals.com... ...

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Recession Good News: Cities see burglaries fall
by LAO on 9 Nov 2009   1 comment, latest 15 years ago
http://finance.yahoo.com/news/ It happened in February in Bellevue, Wash., when would-be burglars broke into a home not knowing that -- as they stacked televisions, a computer and other valuables by ...

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Housing Credit PASSES... House voted 403-12
by LAO on 5 Nov 2009   39 comments, latest 15 years ago
Hmmm... Now my $95K salary falls into the income limits and I qualify for the $8000 in govt money... As much as I was hoping for this credit to ...

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Sokol to CNBC: Last 18 Months May Be Buffett's 'Most Successful' Period Ever
by LAO on 27 Oct 2009   1 comment, latest 15 years ago
 "I think history will show that the last 18 months may have been Warren Buffett's most successful period. Some of the decisions and investments that Berkshire has been ...

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20 year-old buys $183K home with FHA 3.5% down...
by LAO on 18 Oct 2009   77 comments, latest 15 years ago
http://www.businessinsider.com ***** Her statement that her home is now worth $255,000 after her "remodel" .. and that she made $100K in a month would be funny if the taxpayers ...

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Foreclosure Home Gutting!? Right or wrong?!
by LAO on 29 Sep 2009   61 comments, latest 15 years ago
So what do people on here think of people who gut homes and sell them for parts.. down to the copper wire in the walls? I can sympathize with ...

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FED to Hike Rates to 7% by mid-2011....
by LAO on 11 Aug 2009   54 comments, latest 15 years ago
http://www.cnbc.com/id/3237251 We think we’ll be at 5 percent by the end of 2010 and continuing higher into 2011,” she said. “The Fed is going to be very cautious to ...

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Flippers still around...
by LAO on 10 Sep 2009   3 comments, latest 15 years ago
I keep seeing nice looking homes hitting the market in my area in the $450-$500K range... But they are just small 3bed/2baths. Then I look on the sales history ...

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"Yes, the housing market has rarely looked better"...?!?
by LAO on 3 Sep 2009   1 comment, latest 15 years ago
http://finance.yahoo.com/loans Passing through the Fort Myers, Fla., airport a few weeks ago, I noticed people eagerly signing up for a free bus tour of foreclosed real estate — with all ...

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REDFIN IPHONE application...
by LAO on 31 Aug 2009   2 comments, latest 15 years ago
For those out house hunting... It's a pretty great tool... Redfin just launched an IPHONE application... Trulia already had a pretty decent one... But Redfin took it one step ...

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Fed to hike rates to 7% by mid-2011
by LAO on 11 Aug 2009   Posted 15 years ago
http://www.cnbc.com/id/3237251 We think we’ll be at 5 percent by the end of 2010 and continuing higher into 2011,” she said. “The Fed is going to be very cautious to ...

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Government is Consumers Drug Dealer...
by LAO on 4 Aug 2009   Posted 15 years ago
American's are addicted to DEBT... And the Government has everyone's next fix! This Cars For Clunkers program and the $8000 housing subsidy is just praying on the American consumer ...

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Short Sales strategy....
by LAO on 30 Jul 2009   Posted 15 years ago
So i'm in the market for a home in the next year or two... My fiancee and I are in no huge rush, but we are getting married next ...

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Cash For Clunkers SUSPENDED...
by LAO on 30 Jul 2009   Posted 15 years ago
Well.. That was shortlived... http://finance.yahoo.com/news/

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If interest rates DOUBLED...
by LAO on 28 Jul 2009   Posted 15 years ago
Wouldn't house prices have to drop in the same proportion to sell? If interest rates went from 4.5% to 9%... Someone making $150K a year would be able to ...

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The window of opportunity is closing...
by LAO on 27 Jul 2009   Posted 15 years ago
In addition to lower prices, buyers are rushing to tax advantage of a federal tax credit that covers 10 percent of the home price or up to $8,000 for ...

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OPTIMISM abound... Hard to believe worst is over...
by LAO on 24 Jul 2009   Posted 15 years ago
DOW teetering at 9000.... Talk of increased home sales, predictions of S&P 1200 and DOW 11000 by end of the year... I'm curious what will happen after the foreclosure ...

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Rent increase again? why?
by LAO on 23 Jun 2009   20 comments, latest 15 years ago
Just got a notice in the mail that my rent will increase again... It's increased by the same $50 a month .. or $600 a year for the past ...

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Pending home sales up 4th straight month in May
by LAO on 1 Jul 2009   10 comments, latest 15 years ago
http://finance.yahoo.com/news/ ***** The National Association of Realtors said Wednesday that its seasonally adjusted index of pending sales increased by 0.1 percent in May to 90.7. Analysts expected no change, ...

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Peter Schiff on Daily Show...16356
by LAO on 9 Jun 2009   41 comments, latest 15 years ago
The Daily Show finally had Peter Schiff on... I kinda wish it would have been a much longer interview like he had with Jim Cramer. I love the daily ...
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