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I think there are a couple factors at work. One, housing has come down, and the bears have been generally proven right. Therefore, there is less argument and debate. However, I think everyone will agree that the general economic problems and the uncertain future is weighing on alot of...

Interesting topic. I'll add my 2 cents bc I've been doing what you might do for about 4 years now. I also work in finance. I live in Irvine and commute to DT LA and have been trading actively. I average about 200 trades a quarter and have made way more than my salary the last 3 years. I...

technically, probably not. But from what I have heard, because the entire amount is lumped together, most people write off everything.

I think you purchased in Gables - Lennar? I bought a home with lennar and imagine the purchase contract is similar. If you don't have a price protection clause in your contract, you really have no recourse but to threaten to walk and lose your deposit. Whether they call your bluff or not...

Check out Toddm.com Think he's one of the top realtors in Irvine and he has all the homes he's listed/sold in Quail Hill. Gives you a good idea of pricing and what's been selling.

My parents bought near the top in 1991 in OC for 350K. I think it was around 250K at the bottom in the mid 90s. They sold in 2004 for 720K. During that time, my dad rolled up 200k in credit card debt to survive the recession and hang onto the house. Good fortune smiled upon him and he was...

It finished in Nov 2007. Search 92782 Tustin. Ones I found on MLS: 15501 Cardamon Way 16608 Honeybee Dr 16613 Sonora St

I actually expected a lower closing price. But maybe this line from the listing helped it sell: "Low Mello Roos $743.80/Year." The decimal should be moved over one digit to the right. Oops.

I don't see any significant change in rates on the 30 year jumbo on penfed.org. Still 6.25%. Perhaps they are lagging. My parents just locked in 6.125% jumbo with 0.25 points on Friday with countrywide thanks to the "stimulus package". Loan officer said the spread has really narrowed...