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Not the year, the number of Foreclosure Auction scheduled next week (9/14 - 9/18) in Orange County. How many will go REO or get sold to a third party at the foreclosure auction? Thursday and Friday this week, OC has 739 Auctions scheduled. And the last week of September, OC has only...

Currently the buyer pool is very competitive for properties below $500,000. In other threads, the OC register and first hand experience speaks to the bidding wars and competition erupting on teaser priced properties in the sub $500K range results in tens to hundred plus offers. A recent...

Lots of discussion occurs on the blog about how desirable Irvine is due to jobs, etc. I seem to recall a poll similar to this but a quick search didn't find it. So here goes again (maybe), Where do you work? Just a simple poll to understand how the readers of the forums stack up...

Am I the only one looking on with disgust as the media seemingly is salivating all over themselves with the potential for a flu pandemic? Also, didn't the news report back at the end of March beginning of April about the resurgent cases of flu that were hitting throughout the south and...

We, my wife & I, are starting to seriously look. Not hard look, but seriously look. While I'm concerned about continued depreciation in the market place, I'm also seeing homes that are starting to hit reasonable price points in view of the current financing available outside of Irvine. So...

Rich did another wonderful write up full of chartp0rn down on <a href="http://piggington.com/shambling_towards_affordability_december_2008_edition">Piggington.com</a> Sample $mut: <img src="http://piggington.com/images/dec08pricetoincome.gif" alt="" /> <img...

I'm just curious how rough and tumble the IHB community thinks it is going to get in Irvine, OC, Cali and the Nation. It seems each day continues to bring more news like the shooting in the Irvine parking lot, the home invasion robberies, or the murder suicides.

To counter act my malaise at the extent of debt and speed with which our Government is racking it up, I did a little research on Edmunds.com and took the two most popular American made vehicles, added 10% for the tax and license fees and added a years worth of gas for each. For every...

As several other blogs have already noted, it appears that while the California legislature was hashing out the budget, they also slid an additional 90 days of delay into the foreclosure process. <a...

Jim the Realtor over on the BubbleInfo blog posted a link to a nice piece of chart p0rn. It's the UT's estimate of what percentage of home owners are underwater by zip code. <img src="http://www.bubbleinfo.com/wp-content/uploads/2009/02/underwatermortgages1.jpg" alt="" /> Anybody know...

Today's blog post reminded me that Mello Roos are technically supposed to expire. Given such, can one of the Realtors or otherwise knowledgable person on the blog list the state of mello roos in the various villages in Irvine? Just a simple, Village Name - years left on Mello Roos and...

Today, I decided to look at how the high end in OC is doing. A quick check of Orange County on Redfin required me to push the minimum price all the way up to $3.5 Million before it returned less than <a...

What do we call this? Greed? Gluttony? <a href="http://news.yahoo.com/s/ap/20081128/ap_on_bi_ge/wal_mart_death_8">Wal Mart worker killed when opening store.</a> Apparently trampled by people stepping over and on him to get in the store at 5AM. Is this really what America has become...

Tonight 60 Minutes has an interview with Barack Obama on. Unfortunately, they keep cutting to close-up which is such a close up that I can see his pores, he has the top of his head just above the headline cut-off by the screen edge and the bottom edge barely clears the top of his collar...

Yes folks, the economy is taking OC down. They're going to have to do millions of dollars of painful cuts to all service departments. $44 million dollars worth as reported by the LA times. "It will be painful. It's very drastic," said Bob Wilson, deputy director of the Orange County...

Okay everybody, looks like Citi and Wells are buffing up for a bout over Wachovia. <a href="http://news.yahoo.com/s/ap/20081005/ap_on_bi_ge/wells_fargo_wachovia_70">Citi: Judge blocks Wells on Wachovia</a> My question is how exactly from a legal standpoint do there strip and burn marriages...

California finally has a budget. In it, none of the systemic issues have been addressed. The $15 Billion dollar gap was closed via suspension of increases and roughly $8 Billion of borrowing from other revenue streams. What happens next year? All indications is that California's 7.7%...

Anybody else have IHB just dragging this week? Other sites seem normal, but IHB is literally count to 30 while any click comes up.

The Census Bureau announced they would be releasing the income data from the American Community Survey on August 26th for all cities greater than 65,000 people. <a href="http://www.census.gov/Press-Release/www/releases/archives/american_community_survey_acs/012462.html">Census Bureau...

Couldn't resist a memory from a recent Hawaii trip. You'll have to develop your own caption. The haze and steam you see in the background is the offgassing of the active lava flow. <img src="http://Sunmatrix.smugmug.com/photos/345486532_rGD7v-M.jpg" alt="" />