IHB News 10-17-2009

Oct 17th, 2009 by IrvineRenter 

Our weekend update of IHB and housing bubble news. This isn't over yet.

18 Southsand Irvine, CA 92614 front 18 Southsand Irvine, CA 92614 kitchen

Irvine Home Address ... 18 Southsand Irvine, CA 92614
Resale Home Price ...... $474,900

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Break Free

Oct 16th, 2009 by IrvineRenter 

California is the land of free money in real estate. Are we doomed to repeat the cycle? or is the free money gone for good?

52 Freeland Irvine, CA 92602

Irvine Home Address ... 52 Freeland Irvine, CA 92602
Resale Home Price ...... $589,000

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Posted in Real Estate Owned

More HELOC Abuse?

Oct 15th, 2009 by IrvineRenter 

Did you notice that every property this week had HELOC abuse? Today is yet another long-term homeowner who spent it all.

14952 N Gainford Cir Irvine, CA 92604

Irvine Home Address ... 14952 N Gainford Cir Irvine, CA 92604
Resale Home Price ...... $420,000

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Turtle Rock Speedway

Oct 14th, 2009 by IrvineRenter 

Suburban living does not have to be dull. Today we will look at the exciting Turtle Rock Speedway and an interesting suburban hike.

2 Queens Wreath Way Irvine, CA 92612 front 2 Queens Wreath Way Irvine, CA 92612 kitchen

Irvine Home Address ... 2 Queens Wreath Way Irvine, CA 92612
Resale Home Price ...... $500,000

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Alternate Market Price Measurements

Oct 13th, 2009 by IrvineRenter 

The median sales price is a reasonable measure of property values in a market; however, (1) the S&P/Case-Shiller Home Price Index is superior for tracking relative price change and market price direction, and (2) cost per-square-foot is superior for determining what was obtained for the money spent.

99 Alberti Aisle 320 Irvine, CA 92614 front 99 Alberti Aisle 320 Irvine, CA 92614 kitchen 

Irvine Home Address ... 99 Alberti Aisle 320 Irvine, CA 92614
Resale Home Price ...... $239,900

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Median as Market Price Measurement

Oct 12th, 2009 by IrvineRenter 

Do you understand and trust the measures of market prices? Today we will explore the median sales price as a measurement of market prices.

14951 Sumac Ave Irvine, CA 92606 front 14951 Sumac Ave Irvine, CA 92606 back

Irvine Home Address ... 14951 Sumac Ave Irvine, CA 92606
Resale Home Price ...... $720,000

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IHB: Personal Message from Larry Roberts

Oct 11th, 2009 by IrvineRenter 

Hello, I am Larry Roberts.

I am here to instruct you on the homebuying process and guide you on your journey. I want you to be financially stable and prosperous, and I want you to have a comfortable home. I began writing about real estate because I wanted to save people from financial ruin as the real estate bubble popped. Now, I help people like you through the homebuying process because I want them to have sound financial advice and accurate market analysis--two things in short supply in the Realtor community. The only way I can ensure buyers understand the market and purchase the right house for their circumstances is to guide them through the process. I rely on like-minded agents I trust to treat clients with caring, honesty and respect.

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