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Panel finds Greenspan and Bernanke responsible and negligent

Feb 2nd, 2011 by IrvineRenter 

A federal inquiry has blamed Greenspan and Bernanke for failing to regulate dangerous financial products that caused a housing bubble and widespread financial meltdown.

Irvine Home Address ... 9 SPRING BUCK Irvine, CA 92614
Resale Home Price ...... $549,000

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Adjustable rate mortgages cause volatility in California house prices

Jan 3rd, 2011 by IrvineRenter 

California's real estate market is volatile largely due to the use of adjustable rate mortgages.

Irvine Home Address ... 14952 GAINFORD Cir Irvine, CA 92604
Resale Home Price ...... $400,000

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Robo-signing scandal creates more false hopes among squatters

Dec 13th, 2010 by IrvineRenter 

Some loan owners delayed their mortgage default on the false hope that the robo-signing scandal might net them a free house.

Irvine Home Address ... 92 AGOSTINO Irvine, CA 92614
Resale Home Price ...... $449,900

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The New Age of the Tiny House

Dec 1st, 2010 by IrvineRenter 

The era of sprawling McMansions is over. The beast is extinct. Austerity is the newest fashion in real estate. Welcome to the dawning of the age of the tiny house.

Irvine Home Address ... 187 BRIARWOOD Irvine, CA 92604
Resale Home Price ...... $249,900

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Foreclosures are essential to the economic recovery

Nov 30th, 2010 by IrvineRenter 

Some housing advocates claime that foreclosures are a problem. In reality, they are essential to the economic recovery.

Irvine Home Address ... 13 SPRING BUCK Irvine, CA 92614
Resale Home Price ...... $749,000

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Government lacks the will to further manipulate the housing market

Nov 29th, 2010 by IrvineRenter 

One benefit of gridlock in Washington is that our government will be hampered in its ability to meddle in the housing market.

Irvine Home Address ... 63 DARTMOUTH 62 Irvine, CA 92612
Resale Home Price ...... $430,000

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Bond Market Selloff Makes Mortgage Rates Rise

Nov 24th, 2010 by IrvineRenter 

A global sell-off of American Debt would be a disaster for the United States in general and the housing market in particular. Could it happen?

Irvine Home Address ... 5152 Yearling Ave Irvine, CA 92604
Resale Home Price ...... $545,000

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