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New stat in August for Irvine Housing Market. Please see the first post in this thread. Comment on ?Shadow Inventory?: It normally takes months (probably 6 to 12 months) for pre-foreclosure properties NOD,NTS and REO to pass many legal hurdles before they hit the resale market...

New Release: Monitoring Irvine Foreclosure Listings Please see the first post for new data in August 2008. Comment on ?Shadow Inventory?: It normally takes months (probably 6 to 12) for pre-foreclosure properties NOD,NTS and REO to pass many legal hurdles before they hit the resale...

Valuable article for everyone. "For these reasons, some experts argued that it was silly to try to build a mathematical model for the market?s overvaluation. Too much is unknown, they say, to make any predictions" As I stated in another post, anyone claimed to know when the market...

It is NOT why people want their home to appreciate in value. It is a FACT that home did appreciate in value over long term. Look at the graph below. <img src="http://teamworkhomes.com/crm/stat/hpi_ca08q1.jpg" alt="" /> My neighbor Steve, 84 years old WWII veteran, bought his 3...

The Barometer of Irvine?s Housing Market Timely Facts and Numbers that JUST occured, NOT what happened 3 to 12 months before. OR pure speculation on what if somehting MIGHT happen 6 to 12 months later. <img src="http://teamworkhomes.com/crm/stat/stat_ir_08aug.jpg" alt="" />...

Facts and Opinions. What are the different? Let's look at an example, Fact: Half-filled water glass Opinion 1: The Glass is Half Empty. Opinion 2: The Glass is Half Full. Most of the time, one opinion dominates the world. Do people deserve to hear the other opinion? A...

Food for thoughts: Warren Buffett's wisdoms "Rear-view mirror is always clearer than the windshilds", (My 2 cents: anyone claims to know the future is either a fool or a liar.) "Be greedy when others are fearful..." (Perfect timing if you can overcome your fear of short-term...

Here are the stats: <img src="http://teamworkhomes.com/crm/stat/reo_ir_08aug.jpg" alt="" /> To request a FREE active Bank-owned Listings in the cities of your choice, please email raymo@teamworkhomes.com. Comment on ?Shadow Inventory?: It normally takes months...

Usual political show, so the politicians can get re-elected next time. On the other hand, if a few families can be helped, that means the world to them. You got to save the world one at a time.

A New Housing Bill was Signed by President this morning Provisions relevant to OC renters and homeowners are summarized below: (1) An estimated 400,000 homeowners facing foreclosure, many of whom reside in California, can refinance their current mortgages with a Federal Housing...

A New Housing Bill was Signed by President this morning ?Housing and Economic Recovery Act of 2008? Provisions relevant to OC renters and homeowners are summarized below: (1) An estimated 400,000 homeowners facing foreclosure, many of whom reside in California, can refinance their...

We were involved in 3 shortsales so far, 2 were successful closing. What I heard is that success rate in short-sale was about 18% back in early this year. It might change by now. To increase your success, you got to do some homework before you waste your time and your realtors. The most...

Within last 2 days, I received 3 phone calls from 626 area code to request home showing. They stated they were attracted by relatively affordable prices, good school district and newer homes here in Irvine. Any one is willing to dig out median home prices in Temple City and Arcadia area...

Look at three financial facets of homeownership: http://www.teamworkhomes.com/crm/buyrent.pdf Consumption and Saving are for real, investment depends on your view of future home appreciation. Then you can understand why it make sense for some people wanting to be homeowner, others...

Looks like this is very complicated case, you might need to talk to your team of CPAs and financial advisors to solve the puzzle. And I bet you'll get different suggestions. But I had developed a simple tool help any buyer to make informed decisions. What I need is the input of marginal...