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  1. southoctracker_IHB

    March Madness

    I was very tempted to take Mason and Arizona, but I ended up changing my mind later on. Good call on A&M-BYU. I didn't know anything about those teams so I just went with the higher seed and lost that one. I've got two other 9s over 8s tonight (Oregon and Arkansas) that I'm hoping for...
  2. southoctracker_IHB

    America's Money - In their own words

    That is very sad. And perhaps it's more sad if they get their hopes up believing Bush when he says this stimulus package is going to magically make everything better.
  3. southoctracker_IHB

    March Madness

    Ten - I'm totally with you. I used to pick more upsets, but in recent year's I've decided to let the seeding committee do most of my work for me. So far, so good this year, but then again there haven't been many upsets. We'll see what happens tonight - I've got a few upsets...
  4. southoctracker_IHB

    March Madness

    ten- You do know four No. 1 seeds have never made it through to the final four right? Not that I was being particularly adventurous with 3 No. 1s and a No. 2 for my picks. Heck, this is as good a year as any for it to finally happen though...
  5. southoctracker_IHB

    March Madness

    I'll go with UCLA. My final four: UCLA, UNC, Texas, Kansas UCLA over Kansas in the championship game.
  6. southoctracker_IHB

    Headlines...

    <a href="http://tinyurl.com/34zrrw"><strong>Report: Alt-A Delinquency Rate Nearing 18 Percent</strong></a> Nice graph with the story showing the resets: "The swift deterioration in Alt-A mortgages is taking place despite a low level of adjustable-rate Alt-A mortgages actually...
  7. southoctracker_IHB

    Losses Outside of Irvine

    That "asking price" on the Magnolia property was in fact the starting auction price. Here's what the description said: 'Property To Be Sold At Public Auction Event March 15Th At The Pomona Fairplex. List Price Is The Starting Bid For This Home, Subject To A Reserve Price And Lender...
  8. southoctracker_IHB

    Losses Outside of Irvine

    <a href="http://tinyurl.com/2fvwo7">Here's a loss that's way outside of Irvine</a>. Detroit, actually. Pretty sad... <img width="200" height="133" src="http://p.rdcpix.com/v01/l62a53641-m0l.jpg" alt="" /> <strong>Asking price: </strong>$100 <strong>Asking price/sq ft:</strong> $0.14...
  9. southoctracker_IHB

    Losses Outside of Irvine

    By the time you factor in the mello roos, HOA dues and gas for longer commute, it probably costs the same per month as a $700k place in Irvine anyway
  10. southoctracker_IHB

    Losses Outside of Irvine

    Nice find. That asking price would make it a 2002 rollback.
  11. southoctracker_IHB

    Foreclosure and distressed property topics

    ipo - Do you see the NODs starting to accelerate, or are they moving at about the same pace?
  12. southoctracker_IHB

    Headlines...

    <a href="http://tinyurl.com/2qbnb6"><strong>Alt-A delinquencies continue to rise</strong></a> NEW YORK (AP) - Delinquencies on alt-A mortgages pooled into securities between 2005 and 2007 continue to rise, Standard & Poor's said in a report released Wednesday. Mortgage-backed...
  13. southoctracker_IHB

    Ladera Ranch Discussion Thread

    It really is too bad about the HOAs. The Mello roos are one of the reason's I'd like to buy in Laguna Niguel instead of Aliso Viejo. To go off of what Graphrix said about the Tuscany property, here's the tax info off the Web. Notice the mello roos...
  14. southoctracker_IHB

    Ladera Ranch Discussion Thread

    I agree that $160 might be a bit optimistic. <a href="http://redfin.com/stingray/do/printable-listing?listing-id=1411036">Here's a nice-looking place in Ladera</a> asking $198/sq ft or $579k <img width="300" height="200" src="http://i-0.rfimg.us/photo/46/bigphoto/454/S518454_0.jpg"...
  15. southoctracker_IHB

    What's going into escrow - Irvine and maybe some Tustin too

    IPO - Appreciate all the work. I can't imagine what the index value is looking like these days for some of the places in the county that aren't holding up nearly as well.
  16. southoctracker_IHB

    Ladera Ranch Discussion Thread

    Sounds like a good plan, dcn. The good news is prices in South County are still falling, so there should be plenty of deals out there when you're ready.
  17. southoctracker_IHB

    Woodbury - Cortile

    1 and 4 would automatically be out for me. A tandem garage in residence 1? But, seriously...two single-car garages in 4, which used to cost $714k? Those single-car garages would be great for roommates, but I can't see too many families wanting them.
  18. southoctracker_IHB

    Losses Outside of Irvine

    Major price reductions on that one too...they started at $550k, so they've dropped the price by about 35%
  19. southoctracker_IHB

    Worst set of house pictures, ever?

    You guys also forgot the picture of the holiday faux brick fireplace cover and purple tree... <img width="200" height="150" src="http://i-0.rfimg.us/photo/46/bigphoto/100/S518100_6_0.jpg" alt="" />
  20. southoctracker_IHB

    Ladera Ranch Discussion Thread

    dcn - <a href="http://tinyurl.com/2tlc5a">Here is the latest I've seen on the power plant</a>. I would be very very careful about buying in Ladera, though it's tempting because of the lower prices. But think about it this way - though Laguna Niguel properties tend to be a bit more...
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