BoomAndBustCycle's threads


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COVEREDCA exchange.. I give up!
by BoomAndBustCycle on 2 Dec 2013   20 comments, latest 10 years ago
I signed up on the COVEREDCA website the 2nd week of October. Went fairly smoothly at the time compared to all the nightmare scenarios by the media. Now it's ...

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PMI Removal Request Denied.. Bank Claims 75% LTV needed to remove PMI.
by BoomAndBustCycle on 1 Nov 2013   1 comment, latest 11 years ago
I never heard 75% LTV was required to remove PMI before. I have heard 78%... But the 75% figure just feels like they are moving the needle however they ...

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HealthCare Website Problems...
by BoomAndBustCycle on 22 Oct 2013   2 comments, latest 11 years ago
Couldn't all the website problems been avoided with a pre-planned QUEUE system enacted. Why not just say... Week 1... Only those with last names beginning with A thru C ...

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Free Market healthcare options in CA? Outside of ObamaCare? Are there any?
by BoomAndBustCycle on 11 Oct 2013   4 comments, latest 11 years ago
Ever since I lived in CA i have had health insurance covered by my employer. I recently got married and my employer charged me $425 a month for my ...

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$300K Los Angeles House flipped in one month for $922K
by BoomAndBustCycle on 6 Apr 2013   1 comment, latest 11 years ago
http://la.curbed.com/archives/ Had to been an all cash buyer... I bet the neighbors are loving the boost it gave to comps in the hood.

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Chinese Mother buys $6.5 MIL condo in Manhatten for 2 year-old
by BoomAndBustCycle on 28 Mar 2013   14 comments, latest 11 years ago
http://finance.yahoo.com/blogs Somebody must think Real Estate is going up! #housing

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Any 401K investors who luckily started investing in around March 2009..?
by BoomAndBustCycle on 14 Mar 2013   9 comments, latest 11 years ago
There's gotta be a lot of 20-30 year olds who started investing in their 401K accounts in March 2009... and in 4 short years.. have more than doubled their ...

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Job Creation myths...
by BoomAndBustCycle on 6 Mar 2013   6 comments, latest 11 years ago
I hear a lot of talking points about how the government can't create jobs... small businesses create jobs. But do small business or creation of any new businesses really ...

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Retirees Are the Casualties of the Currency War: Schiff
by BoomAndBustCycle on 19 Feb 2013   Posted 11 years ago
http://finance.yahoo.com/blogs If and when inflation kicks in the way Schiff and others predict, the problem gets even worse. Suddenly nest eggs will have almost no buying power, those who ...

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Chris Dorner's Manifesto
by BoomAndBustCycle on 7 Feb 2013   Posted 11 years ago
http://wap.myfoxla.com/w/main/ Well, as sick as what this guy did killing that innocent irvine couple... It looks like he got national attention and got to name all the names and ...

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Apple getting hammered...
by BoomAndBustCycle on 15 Nov 2012   18 comments, latest 11 years ago
Nothing trades on fundamentals anymore. With Apple PE below 10 when accounting for their cash... And Amazon PE of 2800 or so... With razor thin margins.... How can anyone ...

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I am Adam Lanza's Mother...
by BoomAndBustCycle on 18 Dec 2012   1 comment, latest 11 years ago
http://www.huffingtonpost.com/ **** As much as I still feel semi-automatic weapons restrictions need to be re-instated. I can see where the NRA and gun lovers want to protect the 2nd ...

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All I want for Christmas is a "Fiscal Cliff Solution"
by BoomAndBustCycle on 11 Dec 2012   Posted 11 years ago
Say that FIVE times fast... Fiscal Cliff Solution... Fiscal clifsaolutio....

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Shiller: Housing Likely Has Bottomed, but Ample Worries Remain
by BoomAndBustCycle on 30 Oct 2012   25 comments, latest 12 years ago
http://finance.yahoo.com/blogs **** Wow, Shiller called a bottom... for now. Where the bears at? Yale University economist Robert Shiller believes housing might have seen the lowest point it will for ...

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Hurricane Sandy... saved some UnderWater homeowners?
by BoomAndBustCycle on 30 Oct 2012   3 comments, latest 12 years ago
Curious what portion of the destroyed homes were underwater... before the hurricane hit? Some may be thanking Hurricane Sandy when the insurance check arrives.

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Are ALL refinanced loans automatically changed to RECOURSE loans?
by BoomAndBustCycle on 25 Jun 2012   24 comments, latest 12 years ago
I've read different things on the subject... My broker said as long as you don't do a CASH OUT refinance or take out a HELOC, your loan will remain ...

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OC cost of ownership falls to 1980s levels
by BoomAndBustCycle on 14 Oct 2012   Posted 12 years ago
http://ochousingnews.com/news/ Let that sink in for a moment. In April of 1989, the median home price in Orange County, California, was $206,000. With a 10.77% interest rate, the monthly ...

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2013 Tax Hikes
by BoomAndBustCycle on 1 Oct 2012   10 comments, latest 12 years ago
WASHINGTON (AP) — A typical middle-income family making $40,000 to $64,000 a year could see its taxes go up by $2,000 next year if lawmakers fail to renew a ...

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Home prices rise for sixth month, a sign of recovery
by BoomAndBustCycle on 25 Sep 2012   1 comment, latest 12 years ago
http://finance.yahoo.com/news/ U.S. home prices rose for a sixth straight month in July in the latest sign of a sustainable housing market recovery, while a jump in consumer confidence this ...

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Million Dollar house in Manhatten Beach, CA vs. $100K house in Texas...
by BoomAndBustCycle on 22 Aug 2012   144 comments, latest 12 years ago
All things being equal in terms of size and age of home.... Let's say they are both 1500 sq foot in size, built in 1990s and have the same ...

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LIVE HERE! Be happy!
by BoomAndBustCycle on 7 Sep 2012   8 comments, latest 12 years ago
Prime real estate! #housing

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Are you better off than 4 years ago?
by BoomAndBustCycle on 6 Sep 2012   24 comments, latest 12 years ago
Democrats keep dodging this question... But, they should really own the fact that net worth wise... The majority of Americans are FAR better off than 4 years ago. DOW ...

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Apple Wage Increases... Start of a Trend of Wage Inflation?
by BoomAndBustCycle on 27 Jun 2012   16 comments, latest 12 years ago
25% increase is a pretty hefty pay increase... I know it's low paying sales jobs.. But is this a one time thing or are more companies that are HOARDING ...

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Why are Student Loan interest rates HIGHER than 30 year fixed mortgage rates?
by BoomAndBustCycle on 25 Jun 2012   10 comments, latest 12 years ago
This makes no sense... Someone going back to school for a masters degree has to pay 6.8% minimum interest rate to borrow money to EDUCATE themselves. Yet the interest ...

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Time to REFI again soon? Are flat 3% 30 year fixed mortgages on the horizon?
by BoomAndBustCycle on 20 Jun 2012   8 comments, latest 12 years ago
Are flat 3% 30 year fixed rates a real possibility in 2012 or 2013? I ran the numbers and we just refinanced last fall at 3.95% .. but 3% ...

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Lower House Prices Will Cause More Housing Gridlock... not liquidation
by BoomAndBustCycle on 13 Jun 2012   47 comments, latest 12 years ago
We are already in a gridlock situation where everyone that bought in 2004-2007 that hasn't foreclosed is basically TRAPPED in their home. The only way they can move is ...

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Housing StaleMate/Stand Off of 2012
by BoomAndBustCycle on 15 May 2012   31 comments, latest 12 years ago
Buyers want lower prices or better wages and security before they will buy. Sellers want higher prices or they are staying put. Landlords continue to squeeze Buyers in Waiting ...

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Rents to rise 10% above already record highs in Los Angeles
by BoomAndBustCycle on 6 May 2012   6 comments, latest 12 years ago
http://venice.patch.com/articl "Ellie Balderrama, who lists properties in Los Feliz, Silver Lake and Atwater Village for TheRenterGirl.com, said that as many as 20 people have showed up at some of ...

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My Rent is So Cheap My Landlord is losing money!
by BoomAndBustCycle on 19 Apr 2012   60 comments, latest 12 years ago
I don't rent anymore.. But I see a lot of people constantly bragging about paying dirt cheap rent for a decade without any rent increases. Thought I'd make a ...

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Student Loan Bubble next Housing Bubble... how so?
by BoomAndBustCycle on 30 Mar 2012   Posted 12 years ago
I keep hearing rumblings about the Student Loan Bubble being the next Housing Bubble... But what exactly does this mean in the real world? Student Loans are primarily financed ...

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Best and Worst Housing Blogs
by BoomAndBustCycle on 7 Mar 2012   7 comments, latest 12 years ago
Anyone have a list of their favorites? Patrick.net of course tops the list... OC Housing blog has somw interesting data DoctorHousingBubble.com is getting too biased. I think he has ...
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