Recent content by Gohabsgo_IHB

Good point, but I don't believe there's a linear relationship between interest rates and home prices. Also, since homes are illiquid and move slowly (much slower than interest rate could change), there might be a mismatch in home prices and interest rate. IMO interest rates would go up before...

Mortgage Delinquencies and Foreclosures MBA Forecasts Foreclosures to Peak in 2011 "The problem is moving to prime loans, including fixed rate prime loans, and also FHA loans. "We are seeing the first hit on the weaker prime fixed borrowers." "Brinkmann expects foreclosures to possibly peak...

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 save...

There's one thing I'd have to add to my purchase price if I lived in South County and it's the toll road. $8/day x 2 cars x 5 / weeks x 4 week / month = $320 / month in fees. Unless the 5/405 drive is not as bad as I imagine...

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 the...

Here's a pretty nice house at a very reasonable price. I bet it will sell quickly: 8 Castellina Dr

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. As I...

Was that a comment?

You are a little rough around the edges!

By the way, I doubt your california room will look like what TIC is showing. They are the masters of staging. It's an illusion.

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?

What percentage of the 5% will qualify for a mortgage?

Don't buy if you are not commited to it.

Stop making comments without any supporting sources...oops...this looks like credible data. Nah, let's look another way and the problem will disappear.

Bk, why are there so many asian in Irvine?