Not even close to a bottom. I know people living in homes that haven't made a payment for 8-13 months, and, not a single notice from the...
74-75% at 60+ days delinquent??? Where can I get a piece of that... NOT!!!
Yep, Subprime will turn out to be a conventional bomb and ALt-A/Prime is the nuke or neutron! Kill all the people and leave the homes standing.
I agree with that guy 1,000,000%. Being under water will be a greater factor than payments. I know 4 people that have bought cheaper homes...
I live in Coachella Valley, Ca. --- Palm Desert, Indio, Palm Springs, la Quinta There has been some activity in the market but sales volumes...
Or the millions of people that committed financial suicide buying a home they couldn't afford with the help of the REIC. Yeah another way to...
Greenspan is a bonehead. His interview the other day made me want to throw my TV out the window and throw up simultaniuosly.
Sold my house in 2005, moved to a new area, and decided to rent because I saw what was on the horizon. Homes were in the 200-265 per sq ft when I...
Didn't Ben say that 45% of foreclosures were in non sub prime areas... Prime, alt-a, etc.??? I thought this mess was contained to sub prime?...
ROTFLMAO at this one. My old landlord had 4, yes FOUR, owner occupied homes purchased in a 2 year period. In CA all the flippers were...
More good new about foreclosures... The cheerleaders sound the same as when thh nasdaq went from 5K to 2K... it'll come back, it has too! :D
Only people cheerleading RE now are realt-whores. In my area prices are down 40% from peak and still diving. 430 sold last month and 9000...
There are something like 23000 homes for sale in the MLS around San Diego county with around 2000 homes being sold every month. If 2000 homes...
Nice older pic of Doug Chandler. I owned on of his old Muzzy supersport bikes in 1993-1994. MUCH bigger cajones on two wheels... no rollbars.
The trend is still increasing in a bad way. IMHO, never a good idea to get the state numbers as RE is ALWAYS a local issue. What happens in...
An article about mortgage fraud and what's the ad at the top of the page... a mortgage ad with the dancing douchebags... Oh the irony!!! :D
Saw my favorite criminal on TV tonight from a local outfit called trillion mortgage. here's the gist from the sales pitch : If you aren't...
Foreclosures on the rise Trend causing payments to balloon Michael Perrault The Desert Sun April 1, 2007 Home foreclosures climbed in...
That guy is just a shill... Full service broker and a good lender is an unbeatable combination. Yeah just who was partly responsible for the...
Read IRS pub. 523 about that situation.
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