The spring-summer selling season of 2006 marked the peak of the housing bubble. Fannie Mae just lowered its projections and signaled the bust will drag on.
Irvine Home Address ... 10 FIGARO Irvine, CA 92606
Resale Home Price ...... $825,000
Bank of America as part of a settlement deal will speed up the foreclosure process on the loans it services for investors.
Irvine Home Address ... 10 SILKGRASS Irvine, CA 92614
Resale Home Price ...... $585,000
Over the last couple of months, IHB has teamed up with Global Decision to prepare an accurate and in-depth analysis of the Irvine housing market. Today's post is the first in a series that will illuminate the workings of the local market in a whole new way.
Irvine Home Address ... 31 CLOUDS Pt Irvine, CA 92603
Resale Home Price ...... $2,950,000
Loan owners have come to believe they are entitled to loan modifications. They aren't, and banks don't want to change the terms of the loan, so they make the process as difficult as possible.
Irvine Home Address ... 314 STREAMWOOD Irvine, CA 92620
Resale Home Price ...... $232,900
The GSEs are picking up the pace of liquidations by offering incentives and lowering prices. The banking cartel who is still withholding inventory will be left with devalued REO.
Irvine Home Address ... 30 SPARROWHAWK Irvine, CA 92604
Resale Home Price ...... $361,900
The California Association of realtors acknowledges that a lower conforming loan limit will further damage our already weakened housing market.
Irvine Home Address ... 51 CEDARLAKE #84 Irvine, CA 92614
Resale Home Price ...... $695,000
From loan owners caught up in the frenzy to renters being forced to wait for lower prices, the housing bubble and crash has caused everyone psychological harm in one form or another.
Irvine Home Address ... 3131 MICHELSON Dr #304 Irvine, CA 92612
Resale Home Price ...... $380,000
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