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<p>Please take this "expectations" survey... Results will be posted to the forum soon!</p> <p><a href="http://www.zoomerang.com/survey.zgi?p=WEB2265RPA6SQQ">http://www.zoomerang.com/survey.zgi?p=WEB2265RPA6SQQ</a> </p> <p>Just three basic questions to gauge what people are expecting to do...

<p>red: <em>So it is a bit higher than current rent but it is certaintly not double?</em></p> <p>Again, I reiterate, there are many ways to skin the proverbial cat (but you cant' skin the same one twice !).</p> <p>You asked the right questions yourself, and partially answered them...</p>...

<p>I saw an interesting article on the captioned thread (in fact the same title) from Yahoo! Finance today. <a href="http://biz.yahoo.com/brn/070208/21029.html?.v=1&.pf=real-estate">Check it out.</a></p> <p>What is the <a href="http://en.wikipedia.org/wiki/Groupthink">groupthink</a> (or <a...

<p>red: <em>"Let's take the La Casella Plan1 at $700k. If a buyer has 20% down, and doing the 7-year ARM IO only at 6%. Interest is at $2800 Tax is $1000 HOA $400 TOTAL $4200 Assuming he can tax deduction of $1200 per month, he'd be paying net of $3000."</em></p> <p>There are...

<p>Thanks DBS. It is interesting to read just the quotes out in context:</p> <p><em>"If you could fog a mirror, you could get a loan.'' </em></p> <p><em>"That market's going to get worse before it gets better.''</em></p> <p><em>"There's a lot of camouflaging going on in credit...

<p>This just in from Bloomberg.com... <a href="http://www.bloomberg.com/apps/news?pid=20601087&sid=ar.WRLz45vtA&refer=home">HSBC Says Bad-Loan Charges to Exceed Analysts' Estimates by 20%</a>. </p> <p><em>"HSBC, the world's No. 3 bank by market value after New York- based Citigroup Inc. and...

<p>In case people haven't heard yet, <a href="http://www.mlnusa.com/default.aspx">Mortgage Lenders Network</a> filed for Chapter 11 <a href="http://www.courant.com/business/hc-mln0205,0,2074969.story?coll=hc-headlines-home">bankruptcy</a> protection today...</p> <p><em>"Mortgage Lenders also...

<p>muzie- Nice thread you've started here.</p> <p>I am still torn between renting from the IAC vs. from a private party (pp). There are obvious advantages or pros in favor of renting from pp such as "more bang for the buck", but the cons are a little bit discouraging: possible sale...

<p>irvinerenter: <em>"...you will likely see two years of steep drops followed by 3 years of small drops with some leveling off. By then, nobody will want to own real estate: then, and only then, will it truly be a good time to buy."</em></p> <p>Amen! This is not just wishful thinking... It...

<p>I found another one, this is attached to the NAR-mothership:</p> <p><a href="http://rentals.realtor.com/FindHome/RentalsSearch.asp?poe=realtor">http://rentals.realtor.com/FindHome/RentalsSearch.asp?poe=realtor</a></p>

<p>Potential RE Shills on these Forums:</p> <p>Added hbunny to this list...</p>

muzie: Thanks for the links. Searching is available here- just so you know. Scroll up to the top of the page, click on the 'search ' tab and away you go...

<p>momopi: <em>When it's complete later this year we'll be relocating about 2,000 - 2,500 employees to Irvine.</em></p> <p>Would you by any chance be talking about the Capital Research Group (American Funds)?</p>

<p>irvinerenter: <em>"I could see the site evolving. At first it would be populated by housing bears waiting for the right moment to buy. Later it would be frequented by former owners who are bitter about being foreclosed on."</em></p> <p>oc_fliptrack:<em> "If anyone does set up a blog, I'd...

<p>Muzie mentioned finding MLS listing of rentals here somewhere... Could you give the reference? Also, is there a free MLS listing site for rentals? Reference/link would be appreciated...</p>

<p>Ah, choices, choices...</p> <p>The last one has a nice ring to it, but the second to last one has a touch of class, sort of like the "yard-free" faux SFRs at VoC... Alright - it is decided then?</p> <p>"renterunderclass.blogspot.com"</p>

<p>oc_fliptrack: <em>Maybe it's time for one of us bubbleheads to start a rental advocacy blog!</em></p> <p>I meant to respond to this yesterday but I had my head up my armpit (ah, the struggle to keep things "PG-13")...</p> <p>OK - I like the idea of a rental advocacy blog. Sign me up as a...

<p>irvine_native: <em>Do you have an example of a home that went for 10% under asking? I would like to see it.</em></p> <p>Please read the posts again. We are talking about a hypothetical example in a scenario in which a home purchased for $700k today might see a 10% decline by January 2008.</p>

<p>IrvineRenter: <em>"Foreign money is generally late to the game making up many of the knife-catchers who get steamrolled by a declining market."</em></p> <p>I think you just set the new Irvine (dare I say, World?) Record for mixing up metaphors! </p> <p>I agree with you on where the home...

<p>Re: termites</p> <p>I am still grappling with the following concept (would anybody care to comment?):</p> <p>Lumber used in the construction process is <a href="http://en.wikipedia.org/wiki/Timber_treatment">treated timber</a>. I am guessing it was being treated even 20 - 30 years ago...