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"Yeah... because we aren't smart enough to understand how a cap rate works. So why don't you show an example with an Irvine property with my assumptions? Maybe just use 0%, 2%, and 4%. If you want to have credibility, then you need to earn it." Again, you are making assumptions out of my...

"So... are you going to answer my questions or not? Not answering my questions is disappointing. Having a different view is great, but you fail to see your own ignorance and arrogance in making assumptions, as I clearly pointed out, especially when you avoid answering my questions.</blockquote>"...

To read the full story, please click here; http://www.mercurynews.com/realestatenews/ci_10763983 Rising rent coupled with investors purchasing foreclosed homes to use as rental properties has made it more difficult for many renters to find affordable rental housing. MAKING SENSE OF...

It would extremely difficult to prove that 453 new property owners who bought homes in Irvine over last 3 months were wrong in their decision makings. These people happen to make steady higher income, save enough money for down-payment, have good credits to qualify for a loan. Some of these...

To my knowledge and experience, most homeowners are motivated to buy on needs (to eliminate rent, reduce income tax, upgrade lifestyle and build long-term equity), not driven by fear and greed. Statistics itself will not and can not tell whether one should buy or not buy. Everyone is entitled...

<strong>Southern California home sales jump 65 percent in September</strong> To read the full story, please click here: http://www.mercurynews.com/realestatenews/ci_10767921 <em>In this world of 24/7 news, global markets, and countless reports on the housing market, it is easy to...

( Note: The below forecast doesn't necessarily represent my view, but the Califronia Association of Realtors'. But if you are hungry for data, the below link will give you a good comprehensive snapshot of what has happened. In term of local housing data, you are welcome to inquire with me via...

Realtor.com and homeseekers.com are good for researching the market, but their listing satus is normally 7 days outdated. To save time, talk to a local Realtor; it most likely doesn't cost you anything. Compared to apartment rentals, you normally prepay higher deposit (=one month of rent) for...

I wish we could quantify all decisions we made or plan to make in life, then we are either an over-analyzer or procrastinator. Everyone's situation is different from other's. And I guess sometimes one needs to value his time / relationships in addition to money, put these into the decision...

You will have to pay the prorata share of the property tax that was already paid by current owner (in this case, most likely the foreclosing lienholder). For illustration purpose, assume the current tax amount is $4800 year; if you close on Nov 1, you will be required to prepay for two...

From the wholesale channel, 30 years fixed conforming, 5.75% at par (no point, no origination fee). FHA 30 year fixed, 5.5%. Here is an e-mail I received this morning from one of wholesale lenders: Quote starts: To stabilize and to stimulate the housing and financial...