housing market: A great idea to help reverse the housing crisis! What’s your opinion? - 10/29/08 04:42 PM
A couple of years ago lenders were offering "interest only" loans where customers could put off paying principal and interest for a few years and pay interest only. It's true that this caused some of the problem that we are now in, but it could also be the solution to get … (3 comments)
housing market: Uncle Sam steps in! Is the housing crisis over? - 09/19/08 12:21 PM
The government has pledged to take over risky loans from investment banks. Will this end the housing crisis? The remaining banks might see this as an opportunity and loosen the standards once again to make it easier to get a loan.
From what I've seen in the California market, I could … (0 comments)
housing market: Have we hit the bottom yet? - In Anaheim... YES!!! - 03/25/08 11:29 AM
In Orange County many people say, "No, things are going to get worse!" or "Realtors are always overly optimistic". When we see the numerous foreclosures and short sales, it does seem that the downturn is not over and prices will continue to fall. I say prices have fallen enough (40% to … (0 comments)
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A couple of years ago lenders were offering "interest only" loans where customers could put off paying principal and interest for a few years and pay interest only. It's true that this caused some of the problem that we are now in, but it could also be the solution to get … (3 comments)
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