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Housing is waking up to a new hangover
By BayAreaObserver  4 comments, latest 3 hours ago:
Analyzer says landtof says what if traditional buyers are a no-show to the party? Then the party won't last too long.

California rental markets surge
By tvgnus  9 comments, latest 7 hours ago:
landtof says i've also seen rentals just sit there. depends on the unit and location. a good one still goes quickly. some landlords have the wrong attitude. they expect tenants to pay for places that...

Will Millenials ever buy a house?
By tovarichpeter in South San Francisco CA 94080   12 comments, latest 17 hours ago:
SoftShell says with retirement savings severely underfunded, a large portion of boomers will get reverse mortgages to survive in retirement. The banks will wind up owning the housing, which they don't want. the banks will...

Sales on new houses little changed
By tovarichpeter in South San Francisco CA 94080   posted 1 day ago: Oct. 24 (Bloomberg) -- New home sales in the United States were little changed in September after a 7.5 percent revision to August data. Bloombergs Mia Saini and Michael McKee break down the numbers....

The case for trailer parks
By tovarichpeter in South San Francisco CA 94080   posted 1 day ago: But pre-fabricated homes just might be part of the solution to America's affordable housing crisis. Home prices are continuing to rise, even as incomes on the lower-end of the scale remain flat, putting home...

How tech jobs, housing and transit are shaping a megaregion
By BayAreaObserver  20 comments, latest 1 day ago:
Rin says Jimbo in SF says Rin says suburbs of Detroit Except ... the weather. From what I'd heard, Chicago is a bit worse, and Minneapolis's winters are brutal. But still, if one's not from...

New Home Sales "Rise" because Last Month's Sales Revised DOWN!
By Call it Crazy  3 comments, latest 1 day ago:
CaptainShuddup says I have a friend who is just now getting in the RE market. He says two things of note. 1)Broward county is the most expensive county in Florida 2)The median home price in...

Have lenders purged the Ponzis? - OC Housing News
By golfplan18 in Irvine CA 92620   1 comment, latest 1 day ago:
bubblesitter says Yeah, they have socialized their losses from the Ponzis. Too big to fail, remember?

The 2014 housing market and my prediction for 2015
By iwog in Lafayette CA 94549   89 comments, latest 2 days ago:
cloud15 says Keep following the discussion from here too

What do Santayana and Fannie Mae have in common?
By darlag  posted 2 days ago:
Santayana will be proven right again as politicians and bankers forget why there was a housing crisis After the housing crash in 2006 and 2007, the Government Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac,...

Do you rent and own a pet? It could soon get pricier
By BayAreaObserver  13 comments, latest 2 days ago:
zzyzzx says swebb says But your maintenance costs do. Dogs pee on carpeting. Dogs scratch dors. Pet hair clogs HVAC systems. Dogs dig up plants, pee on (and kill) grass, etc.. Pets - dogs in...

No picket fence: Younger adults opting to rent
By jvolstad in San Antonio TX 78256   2 comments, latest 2 days ago:
David9 says The young professionals I know, who I do not believe are readers are opting to rent. Why? The prices basically. They say that if the value of the property drops they are...

U.S. Loosens Reins, but Mortgage Lenders Want More Slack
By BayAreaObserver  2 comments, latest 2 days ago:
APOCALYPSEFUCKisShostikovitch says Just throw the money from the roof of the bank into the streets, take your commissions and demand a bail out or the economy gets destroyed. Why work for a living when you...

Foreclosure rates plunge in California
By tvgnus  2 comments, latest 2 days ago:
Diva24 says

3% down mortgages now available again
By tovarichpeter in South San Francisco CA 94080   12 comments, latest 2 days ago:
turtledove says Quigley says But they'll require the buyers to carry PMI which wasn't the case in the mid 2000s when a piggy back loan would serve as a down instead. So if the buyers...

Regulators capitulate to lending industry lobbyists
By golfplan18 in Irvine CA 92620   1 comment, latest 2 days ago:
APOCALYPSEFUCKisShostikovitch says Just throw the fucking shit out the windows to ASSHOLES! waiting on the sidewalk below.

15% of homes still seriously underwater
By BayAreaObserver  posted 2 days ago:
According to a report released Thursday by RealtyTrac, 15% of U.S. properties (representing 8.1 million properties) with a mortgage are seriously underwater — meaning the homeowner owes at least 25% more than the estimated market...

California real estate market stuck in low gear
By Call it Crazy  17 comments, latest 3 days ago:
Ceffer says APOCALYPSEFUCKisShostikovitch says But what ASSHOLE! would want to live in California? Those who enjoy the proximity of enormous, congested masses of OTHER ASSHOLES!

America's housing policy: The definition of insanity
By jvolstad in San Antonio TX 78256   1 comment, latest 3 days ago:
Heraclitusstudent says It's an entire economic system. The fed end bonds buying and the gov is closing its deficit. Someone else need to go in debt. Student debt helped, but only housing, with huge mortgages...

Fighting back against mansionization
By tovarichpeter in South San Francisco CA 94080   posted 3 days ago: With mansionization marching on in some Los Angeles neighborhoods and city officials saying stricter regulations are still a year and a half away, some vexed residents are taking matters into their own hands. Beverlywood...

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