<a href="http://www.calculatedriskblog.com/2009/11/mortgage-delinquencies-and-foreclosures.html">Mortgage Delinquencies and Foreclosures</a>
<a href="http://www.calculatedriskblog.com/2009/11/mba-forecasts-foreclosures-to-peak-in.html">MBA Forecasts Foreclosures to Peak in 2011</a>...
The sentiment has changed drmatically because of short-term fluctuations in the housing market.
I still feel the current cyclical trend is downward, but there's a wave right now. Everything the government is doing is good for the short-term but given that it is not sustainable, it won't...
Fishy, did you take your pills this morning?
I don't feel like there's much "baching" here. The story is that Irvine is holding up extremely well and most people here can see it. Granted some see the value at current prices, it is fair for others to explain why they may or may not feel...
Here's a pretty nice house at a very reasonable price. I bet it will sell quickly:
<a href="http://www.redfin.com/CA/Newport-Coast/8-Castellina-Dr-92657/home/5768078">8 Castellina Dr</a>
Irvine deserves a premium for it's location and convenience.
Maybe that premium is only 10% for me, but it might be 30% for a FCB. It is certainly how it feels. If it stays like that, I will be forced to live somewhere else where I am feeling I am getting the right value for the money...
Based on current conditions, what is the interest rate a Great buyer is expected to pay on a mortgage.
Here's the scenario: 20% down, < 28% DTI, <36% total DTI.
What about if the loan is less than $417, $417-$729, and over $729?
Stop making comments without any supporting sources...oops...this looks like credible data. Nah, let's look another way and the problem will disappear.