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    Analysis of PenFed's 5/5-year ARM Loan Product

    dcu.org also has a 5/5 now. their jumbo goes all the up to 1M. Their dti is 45% if you have above 740 credit score they said. On conforming, they can to 95 LTV and jumbo up to 90%. https://www.dcu.org/index.html
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    Rental Market of High End Homes

    wow, that file is very cool. from IR2 excel file, it looks like there were 8 places that rented for 5k or more. Address Sales Price DOM 34 Arcade $5,250 76 54 Sweet Bay $5,000 118 31 Climbing Vine $5,000 22 37 Rose Trellis $6,300 24 41 View Ter $5,900 42 25 Summer House $5,400 163 42 Arcade...
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    uni high highest in CA

    interesting read on subject of school brand vs actual individual ability for getting "elite professional" employement. http://money.cnn.com/2011/06/01/news/economy/ivy_league_advantage.fortune/index.htm?source=cnn_bin&hpt=hp_bn3
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    uni high highest in CA

    newsweek ranked the best HS in nation. Only Uni came in top 20 from CA. http://www.newsweek.com/content/newsweek/feature/2011/americas-best-high-schools.html
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    A first home buyer need advice. - please help...

    Genius. The "people's champs" conviction lasted all of 6 days. You should ALWAYS follow Indie's advice. It is rock solid for a week at a time.
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    Augusta at Columbus Square

    because the power lines don't bother you?
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    Augusta at Columbus Square

    USCT, 1) Don't they make you sign disclosures about land fill as well? I recall you mentioned a buyer of yours had to sign that. So it isn't the disclosure, it is the planting fruits and vegetables part, right? There seemed to be plenty of plants and trees there if I recall so it isn't a...
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    Augusta at Columbus Square

    USC, Interesting. how do you think this compares with las ventanas then given las ventanas is near land fill and near free way and has fire hazards. You said you were considering buying their yourself so wanted to hear your thoughts on why Las Ventanas is ok but this location is a "pass".
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    Has the median home price in Irvine really fallen 17.7% Y-o-Y

    US in 1970's was Zimbabwe? Out of context, in context, your statement that inflation cannot occur without "real" wage growth are simply WRONG. This doesn't make my forecasts right. But it does make you wrong. Ok, and now that "the people's champ" has been shown contradictory data, "the...
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    Has the median home price in Irvine really fallen 17.7% Y-o-Y

    Sorry Indie "the people's champ" but you are incorrect. You can have inflation without "real" wage growth or even nominal wage growth. 1970's for US? 1920's for Germany? Ya, higher wages totally caused those inflationary shocks. Don't tell me, those aren't "sustained" by your definition? What...
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    Has the median home price in Irvine really fallen 17.7% Y-o-Y

    Panda, Rates = inflation expectation + required real rate of return (given credit risk) (very simplified.) I think you are you are suggesting rates will rise in a deflationary environment because the credit risk of the US Government will require much higher real rates of return. I guess it is...
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    Has the median home price in Irvine really fallen 17.7% Y-o-Y

    It's interesting that alot of pundits think that Qe2 ending could rally treasuries (like they are now). The logic is that QE2 ending increases volatility and treasury safe haven will be attractive. Also that with QE2 ending, the economy is more in danger of a double dip and again lead to lower...
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    Has the median home price in Irvine really fallen 17.7% Y-o-Y

    In "real" terms, it is actually down even more. If you assume 3% annual inflation deflator, then there is another 16% down in 2005 "constant" dollars.
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    Power Rankings: Irvine Communities

    top communities in terms of price and cost be damned? If it is best bang for the buck, then all the new communities have much higher carrying costs and smaller lots and hence lower b/$. But if it is price be damned, hard to top Shady or The Summit (i think that is what it is called, part of...
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    Help needed... how do I get my deposit back?

    Akim, why didn't you sell your current place? Sorry if you already answered in a previous post. i know you talked about your options and choices but didn't recall the specific reason you didn't try to sell your current house.
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    Irvine down 50% from peak?

    For U.S. homeowners, the family moving in next door could be Canadian. Or Chinese.     Bloomberg News U.S. real estate, especially on the high end, is getting support from international buyers. If U.S. buyers find homes attractively priced, global buyers are finding a fire sale once exchange...
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    The New Global City

    Nice read on FCB. They even mention OC in same article as London, Paris, Miami, HK, NY. LOL. http://online.wsj.com/article/SB10001424052748703730804576317150261940990.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsForth
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    Irvine homebuying down 11%

    IHO, now you have done it. Please organize a 85 meet up for TI members! (<---serious)  :) We can discuss the financial merits of drinking salt drinks there...
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    Irvine homebuying down 11%

    lol...wtf do you have so such bitterness...do you really feel this type of PERSONAL statement against one of the more cordial posters really furthers your case that you only post about the "black and white facts?" Nevermind, don't answer, who needs an answer when your posts on the internet...
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    Irvine homebuying down 11%

    Yes, and IMO, it isn't cool and detracts from the board. So when you do it, what does it say about you? Oh right, when you do it, it is just laying out the facts..when someone else does it, it is personal attacks.
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