Recent content by enthdigry_IHB

Good find. It's nice to see a reporter actually doing a bit of forward looking research on the real estate market. They weren't completely "doom & gloom" either.

Damn FED buying $300 billion worth of 10-year notes to lower mortgage interest rates really pisses me off because I am confused at its impact. I am confused on the effect that Hyper-Inflation could have on Housing prices with so much money printing and money being so cheap to borrow...

What are ya'lls' thoughts on this? I was expecting the upcoming ARM resets to put a new wave of foreclosures on the market to further speed up to housing cost re-adjustment currently in progress.

I am not in Irvine, but in Ventura but this can apply to all over SoCal. I was looking at purchasing a town home listed at $385k on 10 April, down from $399k in Sept 2007. The home had approximately $50k in upgrades/remodels. I offered $335 2 weeks ago considering comps sold at 330k 4...

Man, for some reason I feel like the sucker catching the falling knife on this deal when there are going to be much better deals.

For this place, its probably 2000-2300. I am currently renting a 3 bedroom townhome for 1800/month that is not even comparable in condition. I resubmitted my offer today, I am sure they wont take it. If thats the case, I'll resubmit in a month for even lower than my initial offer, thats if...

Is anyone here familiar with the Ventura realestate market? I am trying to see if things are as dire in Ventura as they are in Irvine (presently and in the future). I don't think there has been a huge influx of people into the Ventura market as there was in OC and Irvine, very few housing...