housing price: A Funny World (23): Mail Your Keys In and No Foreclosure Record Out? - 01/23/08 08:59 PM
01-23-2008 21:00 Three Notes on Housing 1) One part of the story that does not get much play is the demographic story on real estate. (Note graph.) Baby boomers will try to cash out of homes to fund their retirement. Now, that effect will vary by region, because oldsters will want to live … (4 comments)
housing price: No Bank Update Its REO Operation In Cyberspace - 01/03/08 02:57 PM
As a savvy real estate investor, I will say IMB is very foolish and conservative in its REO operation.IMB is the one who has been more willing to put out more REOs in its website than others. However, nobody in financial service is taking the advantage of Internet to treat its … (5 comments)
Tent city in suburbs is cost of home crisis
By Dana Ford
ONTARIO, California (Reuters) - Between railroad tracks and beneath the roar of departing planes sits "tent city," a terminus for homeless people. It is not, as might be expected, … (9 comments)
housing price: A Funny World (15): Bonuses or Bearshit? - 12/22/07 11:19 AM
Bonuses on Wall Street surge 14 percent : Four of the biggest U.S. investment banks - Goldman Sachs Group Inc., Morgan Stanley, Lehman Brothers Holdings Inc. and Bear Stearns Cos. - will pay out about $49.6 billion in compensation this year. Thain won't get a year-end bonus since he took the job on … (0 comments)
Nice home with upgrades, tile in kitchen, bathrooms, updated cabinets, french doors, newer windows, and 2 car garage in back alley, lot size 7200 sqft., etc. Now we know it was sold for $561.8K on May 2005. The … (2 comments)
housing price: A Funny World (14): Sun Goes Up? Or Not? - 12/18/07 03:04 PM
As foreclosures mount, tenants suffer You've got to figure, these banks are in California, they've got a gazillion properties, they think on a national scale." - Joseph Petrocelli, owner of New England Property Solutions, a company that's hired by mortgage companies to handle the sale of foreclosed properties. Petrocelli was commenting on … (1 comments)
housing price: A Funny World (12): Action with Result or Inaction to Nothing? - 12/16/07 12:02 AM
A Funny World (11): Housing Price Down Or NOT? 4 days ago, Warren Buffett attended Hillary's presidential fund-raiser party in San Francisco. They made some very funny statements that gave me a lot of laugh all day long. But here I will share you guys just one argument. When Warren talked about "US … (1 comments)
housing price: Who's crying so loud out there? - 12/05/07 01:01 PM
The blood on Greenspan's hands The former Federal Reserve chief now admits there is a housing bubble, yet he still refuses to take the blame he so richly deserves, By Bill Fleckenstein ******* ****** ******* Hi! Bill, Be nice to an old gentleman Mr. G, Okay? Keep in mind that he used to be one of … (1 comments)
housing price: Zero Brian, Zero Solution - 12/04/07 10:04 AM
This is a revised version of my argument in response to an article "Treasury's Subprime Rate Plan is a Great Big Zero"written by David J. Merkel, CFA, FSA, a leading commentator at RealMoney.com. In David's article, there are two arguments: 1) Paying the mortgage payment is not the problem here; it … (0 comments)
housing price: Who and What's Mr. B: Brilliant or Bullshit? - 11/21/07 10:22 AM
Are we facing the worst home foreclosures in the history of the USA housing market? This is very serious, experts are saying next year will be worse, but in reality I believe 09-2010 will be even worse. I honestly believe the experts are deliberate in forcasting the real estate problem, they dont … (5 comments)
housing price: Can we close a RE deal in hours or shorter? - 11/16/07 08:20 AM
How short you need to close a sale in RE? I am NOT talking about a short sale. Everybody talks about it recently as it was so popular in mid-1990. How short of sales fund you can create in obtaing a loan forgiveness from a lender to a home owner in order to successfully close a short sale? That's something involve … (3 comments)
housing price: A Real Case: Who cares about Average Price or Median Price! (I) - 11/15/07 10:28 AM
http://activerain.com/blogsview/272766/Median-or-Average-Housing post on 10:22 11-14-07 At 09:25 11-14-07, I received an email informing me a new list REO in West Covina, CA. That's about 10 minutes ago. Now use my formula. Here is what I came up to the REAL TIME situation as to the property. The email notice: 2) the recent sale (s) in … (7 comments)
01-23-2008 21:00
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