Thanks for the PM. Please check my reply when you have the time. Regarding your comment: "I could see housing getting to 400K in corona,...
I sent you another PM. When you have a chance please look it over. I agree with you. The Corona area will never be Orange County due to the...
I live in so cal (Corona) and was talking to a guy last night about the local real estate market. We were discussing how much longer the run up...
Thanks for the pm. When you have time could you look over my response? Thanks. "A couple of things to look for are avg time a listing is on the...
I don't know if anyone read my earlier post but I live in so cal and had a house in escrow that I am presently trying to get my deposit back on....
VIX is now above 50 for the first time since 9/21/2001
"How about the people who haven't been talked into a balloon adjustable and haven't cashed out??? looking pretty good right about now @ 6.25"...
If someone locks in a 30 year fixed rate loan at say 6.25% how can they no longer afford it if rates go up?
So what you are saying is the supply/demand argument doesn't work since once prices/interest rates get too high people won't be able to afford the...
If there is a shortage of new homes being built why doesn't anyone believe this will continue to push prices higher? Isn't all supply vs demand?
I also get the computerized refinancing sales messages (as well as the satellite). I have noticed with the new housing developments out where I...
The salespeople at the home developments where I live around Corona are so arrogant they act like they are doing you a favor just to speak to you....
So do I :cool:
That PMI topped two months ago and this all with recent record home sales. Somebody must see something bad coming?
This index has lost almost 25% of its value over the past two weeks. This with even lower interest rates and near record mortgage applications....
The bottoms of 1987, 1989, 1997, 1998 and 2001 were all accompanied with VIX readings over 50.0. It is around 46 now. If it gets above 50 and...
After the tech collapse of the last two years and the resulting job losses in northern cal. how are these prices able to sustain such a sharp...
I noticed the Dow Jones home construction index got slaughtered the last two weeks and is now actually down on the year. Do you think this was...
From this weeks Plugged In column in Barron's "Not a day goes by without some Northern California company announcing another round of...
This real estate market reminds me also of the late 80s. I dont know if you are familiar with the Moreno Valley area but that was the hot thing...
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