foreclosure: California Foreclosures: Send in the Clowns - 02/26/08 06:09 PM
On the front page of the LA Times there is a story by Jonathan Peterson titled Aid on Home Loans Sought...that should scare every potential buyer along with every homeowner. If the Boys in Washington DC have their way they are going to bring the mortgage market to a grinding halt. … (16 comments)
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foreclosure: Southern California Real Estate: Walking Away is Stupid - 01/29/08 09:35 PM
Last week was quite a week with mortgages bouncing up and down in a matter of days while Wall Street and the financial community tried to decide if the FED move was good, bad or mediocre. All of us in the South Bay-Beach Cities were also trying to decide how this … (22 comments)
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foreclosure: Manhattan Beach- Beach Cities: Christmas Eve Thoughts - 12/24/07 11:28 PM
If you've been following the financial news the last few days... amid all the Holiday hoopla... the financial pages have been running articles pointing the finger of blame about the real estate crisis, continuing credit liquidity issues, plans for government bailouts for some homeowners, and today the plight of credit card … (14 comments)
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foreclosure: Arm Rate Freeze: Smoke and Mirrors? - 12/11/07 10:55 AM
Last week I went to a Christmas party that featured a Magician. The gentleman was a close up illusionist. I was in the front row and was determined not to be tricked by his sleight of hand... not a chance. This guy was so good I didn't have a prayer. I … (37 comments)
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foreclosure: California Foreclosures ... Stupidity or Greed - 11/24/07 01:23 PM
After reading Lenn Harley's California Subprime Borrowers May Get Relief I found that my comments had turned into a post about our California foreclosure problem. We are going to see massive foreclosures in many areas throughout the state. In a post I wrote yesterday... Help for California Subprime Borrowers... Maybe... Maybe Not .... it may … (44 comments)
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foreclosure: Manhattan Beach-Beach Cities:Fire, Finance, Foreclosure and Britney? - 10/31/07 11:33 AM
Beach people always tend to think of the Beach Cities as different from the Westside and most of LA. We have small communities that are true towns, our schools are better and we just seem to be more California casual then say Beverly Hills or Bel Air or even Malibu. Our … (14 comments)
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foreclosure: South Bay- Beach Cities: August SOLD 2007 - 09/18/07 10:12 PM
Redondo Beach: Golden HillsWhat a difference a few weeks can make. Overall sales have slowed in all the Beach Cities as buyers adjust to new lending rules and sellers grapple with how those changes will affect potential buyers for their homes. Buyers will continue to find qualifying more difficult then in … (8 comments)
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foreclosure: Manhattan Beach CA -Beach Cities.. So... Where are the Foreclosures? - 09/09/07 05:39 PM
The figures in the media on California foreclosures are astonishing. Numerous articles seem to be saying that almost every home in California and Los Angeles County is now or will be in foreclosure. Many feel that the Beach Cities.... Manhattan, Hermosa, Redondo and El Segundo will soon see prices plummet by … (13 comments)
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foreclosure: Manhattan Beach CA: Champagne Taste... Beer Budget - 08/23/07 01:50 PM
The Daily Breeze has an article about job growth in CA and it's an eye opener that goes a long way toward explaining the South Bay real estate market. In a nutshell jobs are growing on the low and high end but not much in the middle and the gap is … (9 comments)
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foreclosure: Manhattan Beach CA: Are You a Bear or a Bull? - 08/13/07 03:31 PM
I 'm going to say this loud and in bold print... I like real estate.. and I think it will always be a good investment... I can't think of any other investment where you can buy an appreciating (long term) asset with so much leverage and over time..with a few … (19 comments)
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foreclosure: Manhattan Beach.. Where's the Housing Crash? - 06/14/07 04:56 PM
Lots of stories in the news about falling home sales and growing foreclosures. Some stories point to the downfall of the housing market while others seem to view things with a more local perspective. Dan Green in his blog The Mortgage Reports has an interesting take on the cities that … (8 comments)
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foreclosure: Back to Basics... Maybe You Shouldn't Have that Loan... - 04/10/07 11:39 PM
Back in the days of the dinosaurs.. when I started selling real estate .. people looked at buying a house a bit differently. First there were not 57 different varieties of loans. You went for a fixed or an adjustable. The adjustable was pretty simple.. it moved up or down, … (15 comments)
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