Freeloaders enjoying the entitled life are not confined to subprime areas. Today's featured property may be the worst case of housing entitlement in the country, and it is right here in Irvine.
Uncle Sam has embraced cash-for-keys as part of its initiative to streamline the short sale process. Can we expect to see many more successful short sales soon?
Lenders work to inflate our flagging housing bubble to limit their losses. The lender of today's featured property is hoping for $275,000 extra in its loss recovery efforts. Are you willing to step forward and help them out?
Alan Greenspan refuses to go to pasture quietly; therefore, bloggers like me need to remind everyone that Alan Greenspan is a dangerous fool who plunged the world economy into a near catastrophic depression and caused properties like today's to become elevated in price far beyond any rational measure.
realtors exhibit a pathology I call "realtor Mind"
®™ that places their self-interest above the interests of their clients. We will explore that issue today as well as feature an epic HELOC abuser who has been gaming the loan modification system since 2007.
No, not me. John Mulkey, Housing Guru from Waleska, Georgia, calls for principal reductions. Today we examine his arguments and a beautiful short sale in Shady Canyon.
Why are house prices what they are, and where are house prices going? Today's posts answers those questions by providing a conceptual understanding of house prices and housing markets.