The FHA is continuing to tighten it standards despite the government's desire to get more buyers to absorb the foreclosure problems facing the market.
Irvine Home Address ... 66 GOLDEN GLEN St 4 Irvine, CA 92604
Resale Home Price ...... $262,000
Sales volumes are way down, and home prices are about to follow.
Irvine Home Address ... 17501 TEACHERS Ave Irvine, CA 92614
Resale Home Price ...... $583,731
The losses from the housing bubble will exceed $1.1 trillion. Who is going to pay for it?
Irvine Home Address ... 29 SMOKESTONE 30 Irvine, CA 92614
Resale Home Price ...... $285,000
Former owners are breaking in to houses they were booted out of claiming their foreclosure was fraudulent.
Irvine Home Address ... 43 TAROCCO Irvine, CA 92618
Resale Home Price ...... $275,000
Despite the political pressure, Wells Fargo is pressing ahead with its planned foreclosures.
Irvine Home Address ... 14492 GUAMA Ave Irvine, CA 92606
Resale Home Price ...... $499,000
The announcement by BofA -- who was blackmailed by numerous government officials -- to suspend all foreclosures strongly encourages strategic default. Why would anyone pay their mortgage when they know they can stop paying and keep their house?
Irvine Home Address ... 13 GREENWOOD Irvine, CA 92604
Resale Home Price ...... $415,000
Paul Jackson from HousingWire persuasively argues that private property rights are being trampled.
Irvine Home Address ... 4152 HOMESTEAD Irvine, CA 92604
Resale Home Price ...... $640,000
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