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  1. freedomCM_IHB

    Knife Catchers getting bloody

    Is this the end of a series of KCs and banks getting bloodied? Date Event Price Appreciation Source Jul 08, 2009 Sold $490,000 88.5%/yr Public Records Apr 17, 2009 Sold $425,000 -42.7%/yr Public Records Aug 07, 2008 Sold...
  2. freedomCM_IHB

    Relative appreciation: SFRs, detached/attached Condos, converted apartments

    IR's post today brought out a lot of strong feelings about the low end: http://www.irvinehousingblog.com/blog/comments/what-can-the-federal-reserve-learn-from-the-us-forest-service/#more But what it brought up in my mind, and I don't know the answer/historical data is relative...
  3. freedomCM_IHB

    New Houses take a dive: Costa Mesa

    <strong>This development has been sitting empty for a year, and the builder is getting desperate:</strong> of course, they've put up a new listing ever few months, but here is the listing history: price/date: 830 2.10.8 800 4.10.8 790 6.30.8 775 8.7.8 700...
  4. freedomCM_IHB

    New Buyer Qualifications will force down prices further

    <em>mr. mortgage comes through with the brick in the housing industry's window:</em><strong></strong> <blockquote> In CA (other states as well) due to mortgage insurer ?challenges?, the MINIMUM credit score required to do any loan (Fannie/Freddie included) over 80% is now 720 from the...
  5. freedomCM_IHB

    REOs will rise 50% in the next 4 months.

    Looks as if the market is already in line to get hammered with REOs. Last month, the banks took back 22k houses in CA, and managed to sell 11k but MrMortgage reports <blockquote>VERY IMPORTANT - Keep in mind that the 22,324 homes that the lenders took back in April were from...
  6. freedomCM_IHB

    Rapid Price Drops

    Ever seen one go down this fast? It is dropping at ~$50k/week! <strong>What is going on????</strong> Listing Price History Date Price Mar 18, 2008 $700,000 Mar 21, 2008 $650,000 Mar 25, 2008 $600,000 Mar 26, 2008 $650,000 Apr 02, 2008 $599,000 Apr...
  7. freedomCM_IHB

    Inland Empire (Kaboom!)

    First off, there is a great blog keeping track of what is happening in the IE: <u>http://housing-kaboom.blogspot.com/</u> Second, Riverside is clearly in the crapper: <strong> 55% off a 2004 price</strong>, for a 2700 sqft house on half an acre, less than $100/sqft...
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