Foreclosures are still not keeping pace with delinquencies as shadow inventory continues to grow.

Irvine Home Address ... 26 RUSTLING WIND Irvine, CA 92612
Resale Home Price ...... $689,000
Read the rest of this entry »
As the economy improves, lenders will start to liquidate their inventory. When they do, the lending cartel will collapse, and prices will get pushed lower.

Irvine Home Address ... 63 CANYON Crk Irvine, CA 92603
Resale Home Price ...... $4,195,000
Read the rest of this entry »
The United States is following the Japanese model of slow deflation using the amend-extend-pretend dance. Will it take the US 15 years to deflate its bubble?

Irvine Home Address ... 26 SHADOWPLAY Irvine, CA 92620
Resale Home Price ...... $740,000
Read the rest of this entry »
Assaulted by bad news, a home debtor has launched a public relations campaign to keep the kool aid flowing.

Irvine Home Address ... 13 WINDJAMMER 2 Irvine, CA 92614
Resale Home Price ...... $299,000
Read the rest of this entry »
The general public is waking up to the reality that the artificial bottom the government produced is not curing the housing market's ills. It's time to let house prices fall.

Irvine Home Address ... 86 EAGLE Pt 45 Irvine, CA 92604
Resale Home Price ...... $250,000
Read the rest of this entry »
I have an extremely overpriced Turtle Rock home for you to giggle about this weekend.

Irvine Home Address ... 4 SUNPEAK Irvine, CA 92603
Resale Home Price ...... $2,745,000
Read the rest of this entry »
A little Friday schadenfreude for you. Apparently, realtors have to work for their 6% these days.

Irvine Home Address ... 37 PLYMOUTH Irvine, CA 92620
Resale Home Price ...... $649,000
Read the rest of this entry »