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LarryPatrickMaloney

joined 2007 Oct 4, 5:04pm   85 posts   184 comments   follow LarryPatrickMaloney   ignore


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Lots of people moving out of my San Jose neighborhood
by LarryPatrickMaloney on 17 Aug 2018  45 comments, latest a year ago
Something is happening...Over the past year, very few houses sold in our hood. Now suddednly, a bunch of houses are selling AND people are moving out and prepping to sell....

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What is an agent, broker, realturd anyway.. (thebalance.com)
by LarryPatrickMaloney on 29 Mar 2017  1 comment, latest 3 years ago
To stand out in a crowd, some agents add titles after their names. They could be an associate, a real estate consultant, salesperson, or a REALTOR®, but they are all...

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Shadow Lending (Banking) Bust 2.0? (wolfstreet.com)
by LarryPatrickMaloney on 25 Oct 2016  2 comments, latest 3 years ago
51% of home mortgages now originate from commercial bank lenders. The rest is coming from "shadow" banks. http://wolfstreet.com/2016/10/

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Rent control in Mountain View CA, Measure "V" (mountainview.gov)
by LarryPatrickMaloney on 25 Oct 2016  Posted 3 years ago
What is Pat.net's thought on this? http://www.mountainview.gov/ci Shall a Rent Stabilization CITY CHARTER AMENDMENT be adopted enacting rent regulation and prohibiting amend-ments except by Citywide election, with annual rent increases...

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Bubble 4 collapsing (news-uncensored-fresh.blogspot.)
by LarryPatrickMaloney on 23 Aug 2016  6 comments, latest 3 years ago
http://news-uncensored-fresh.b The three primary drivers of the economy are starting to head south: retail, housing, autos. I can smell the housing market slipping away now. I’ve been early on housing,...

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Vancover RE market crashing (zerohedge.com)
by LarryPatrickMaloney on 18 Aug 2016  25 comments, latest 3 years ago
http://www.zerohedge.com/news/ While August is typically one of the slowest months for real estate transactions, MLS sales data from the first two weeks of the month shows what many have been...

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Get out while it's good
by LarryPatrickMaloney on 6 Jun 2016  9 comments, latest 4 years ago
Did some exploring over the weekend. Many many many properties for sale in the BA, especially up in the Santa Cruz mountains. Seems like something is afoot.

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Was at the bank...
by LarryPatrickMaloney on 13 Oct 2015  38 comments, latest 4 years ago
I was at my local bank, waiting at the counter. I could over hear a Chinese woman demanding a loan. She was saying stuff like : I need second house!...

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Tech slide cuts 'posh' SF RE (cnbc.com)
by LarryPatrickMaloney on 12 Feb 2016  8 comments, latest 4 years ago
http://www.cnbc.com/2016/02/12 .."As technology stocks slide — the Nasdaq is down 15 percent this year — and private tech valuations suffer, real estate brokers say the feverish clamor for high-end homes...

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BA RE looks pre 2k tank (marketwatch.com)
by LarryPatrickMaloney on 9 Feb 2016  6 comments, latest 4 years ago
http://www.marketwatch.com/sto Surging rents, skyrocketing real-estate prices and booming tech companies. Sounds like San Francisco in 2016, right? It also describes the city just before the tech bust of 2000, according...

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Rut-Row-Raggy: Feds watching cash buyers on RE (nytimes.com)
by LarryPatrickMaloney on 14 Jan 2016  Posted 4 years ago
"Concerned about illicit money flowing into luxury real estate, the Treasury Department said Wednesday that it would begin identifying and tracking secret buyers of high-end properties." It is the first...

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Bursting in Carmel?
by LarryPatrickMaloney on 27 Nov 2015  6 comments, latest 4 years ago
Drove through Carmel by the Sea, and 17-Mile drive over Thanksgiving... Saw many many many ( too many to count) houses for sale. Anybody know what's happening with in Carmel?

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Suicide to own a house (facebook.com)
by LarryPatrickMaloney on 9 Oct 2015  13 comments, latest 4 years ago
https://www.facebook.com/james James is such a great writer, I adore his work.

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Affordable housing fraud (spectator.org)
by LarryPatrickMaloney on 30 Sep 2015  2 comments, latest 4 years ago
Nowhere has there been so much hand-wringing over a lack of “affordable housing,” as among politicians and others in coastal California. And nobody has done more to make housing unaffordable...

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Zombie House Bust (cnbc.com)
by LarryPatrickMaloney on 16 Sep 2015  Posted 4 years ago
http://www.cnbc.com/2015/09/16 "Homes listed for $100 million or more are piling up fast, but sales have ground to a halt, leading some to call a top in the very top of...

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Affect of Chinese margin calls on BA real estate?
by LarryPatrickMaloney on 24 Aug 2015  1 comment, latest 4 years ago
This weekend, I saw many new forsale signs poping up in the fortress. Any ideas why? seasonal? anecdotal? Margin calls? Guesses?

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Re Market in Mountain House after water is gone? (sacramento.cbslocal.com)
by LarryPatrickMaloney on 16 Jun 2015  Posted 5 years ago
Hmmm http://sacramento.cbslocal.com

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Anecdotal observations about real estate in the BA & Hawaii...
by LarryPatrickMaloney on 5 Mar 2015  Posted 5 years ago
1.) I recently went on vacation to the island of Kauai. The area between Princeville and Hanalei bay had many, many houses for sale. 2.) An associate of mine recently...

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Deficiency Judgements (Post- Foreclosure) (finance.yahoo.com)
by LarryPatrickMaloney on 15 Oct 2014  12 comments, latest 5 years ago
http://finance.yahoo.com/news/ Excerpt: Reuters By Michelle Conlin October 14, 2014 3:35 AM By Michelle Conlin NEW YORK (Reuters) - Many thousands of Americans who lost their homes in the housing bust,...

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150 Homeless in Palo Alto (m.us.wsj.com)
by LarryPatrickMaloney on 10 Apr 2014  19 comments, latest 6 years ago
http://m.us.wsj.com/articles/S By ZUSHA ELINSON PALO ALTO, Calif.—In the three decades he worked as a software engineer in Silicon Valley, Fred Smith never imagined he would spend his golden years homeless....

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Santa Clara median slips again -2% (scc.rereport.com)
by LarryPatrickMaloney on 5 Nov 2013  13 comments, latest 6 years ago
http://scc.rereport.com/market TRENDS AT A GLANCE OCT 2013 PREVIOUS MONTH YEAR-OVER YEAR Median Home Price -2.0% $760,000 $775,535 +9.4% $695,000 Average Sales Price +1.2% $994,010 $981,838 +10.3% $901,408 No. of Homes...

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Patrick Input Requested: San Jose Independents forced to Pay $ 900 /mo more (mercurynews.com)
by LarryPatrickMaloney on 7 Oct 2013  4 comments, latest 6 years ago
http://www.mercurynews.com/nat Patrick, since you promoted obamacare, please explain this article#politics

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Foreclosures up 140% .. In DC. (mobile.bloomberg.com)
by LarryPatrickMaloney on 13 Oct 2013  Posted 6 years ago
Foreclosure starts in the Washington suburbs rose last month following federal budget cuts that may have made it harder for some homeowners to pay their mortgages, even as defaults fell...

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Santa Clara goes down 4% (scc.rereport.com)
by LarryPatrickMaloney on 24 Sep 2013  2 comments, latest 6 years ago
I just found this, looks pretty useful http://scc.rereport.com/market

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Mortgage apps DROPPING (reuters.com)
by LarryPatrickMaloney on 21 Aug 2013  2 comments, latest 6 years ago
By +4% (Reuters) - Applications for U.S. home loans fell for a second straight week and higher interest rates reduced refinancing activity, data from an industry group showed on Wednesday.......

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Real Palo Altians sleep in houses. (Car sleeping ban) (mercurynews.com)
by LarryPatrickMaloney on 7 Aug 2013  12 comments, latest 7 years ago
Snarky title, but seems Palo Alto is banning car living. Mountain View has many people sleeping in their cars. http://www.mercurynews.com/pen

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Fannie selling to Freddie (azcentral.com)
by LarryPatrickMaloney on 6 Jun 2013  Posted 7 years ago
Well not really, but to an LLC created by Fannie http://www.azcentral.com/busin

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"Glamping" = Homies whoring out estates. (newyork.cbslocal.com)
by LarryPatrickMaloney on 30 May 2013  Posted 7 years ago
(Facepalm) Newest Trend: Well-To-Do Hamptons Residents Go ‘Glamping’ In Trailer Park « CBS New York http://newyork.cbslocal.com/20

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44% owners stuck @ home. (thestreet.mobi)
by LarryPatrickMaloney on 24 May 2013  6 comments, latest 7 years ago
http://www.thestreet.mobi/stor Despite a recovery in prices, over a quarter of homeowners with mortgage loans still owe more than their homes are worth. "But another 18.2 percent of homeowners with mortgages,...

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Ground report from Cupertino
by LarryPatrickMaloney on 12 May 2013  15 comments, latest 7 years ago
Was driving Cupertino today, and saw many houses for sale. Not many were pending. Don't know if this is just the spring market or shades of things to come, but...

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Free house for any deliquent CA mortgage owner. (infowars.com)
by LarryPatrickMaloney on 16 Mar 2010  93 comments, latest 7 years ago
Pay VERY close attention to this post. If you are a bank property manager, you better learn what I’m about to teach you. If you are home owner, you...

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Reports from the front lines
by LarryPatrickMaloney on 30 Sep 2012  Posted 7 years ago
Was in the 'willow glen' / Campbell area yesterday cruising for bank owned foreclosed homes. Lots, lots of activity out there. Many open houses. Many many more houses cropping up...

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Congrats Team Obama on your Health Care 'Reform'.... you ready to pay up now? (google.com)
by LarryPatrickMaloney on 19 Sep 2012  1 comment, latest 7 years ago
http://www.google.com/hostedne Tax penalty to hit nearly 6M uninsured people By RICARDO ALONSO-ZALDIVAR, Associated Press – 6 hours ago WASHINGTON (AP) — Nearly 6 million Americans — significantly more than first...

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President Obama's New Diggs in Hawaii? (wnd.com)
by LarryPatrickMaloney on 19 Sep 2012  1 comment, latest 7 years ago
http://www.wnd.com/2012/09/sec Very quietly, Obama’s chief financier, Penny Pritzker, has entered the Hawaii housing market to buy a retirement home for the president and his family that will be available not...

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Bank takes family posessions, after foreclosing by mistake... (losangeles.cbslocal.com)
by LarryPatrickMaloney on 6 Sep 2012  13 comments, latest 7 years ago
More like fraud... http://losangeles.cbslocal.com

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Tenancy Laws In California (caltenantlaw.com)
by LarryPatrickMaloney on 13 Sep 2012  Posted 7 years ago
This is a great site for those in the need to know. http://www.caltenantlaw.com/

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Call to arms!
by LarryPatrickMaloney on 1 Sep 2012  Posted 7 years ago
This is a message for @Patrick. Patrick, I tried writing you a direct email,but my address for you bounced. Guess you got too many messages... I've got something I need...

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Drought cracks basements, better water those lawns after all... (stltoday.com)
by LarryPatrickMaloney on 15 Aug 2012  1 comment, latest 8 years ago
According to this article, dry ground causes basements to crack.... http://www.stltoday.com/busine

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Mortgage owner found guity of arson pops poison pill. (foxnews.com)
by LarryPatrickMaloney on 30 Jun 2012  Posted 8 years ago
So sad. http://www.foxnews.com/us/2012

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Banks are dumping!
by LarryPatrickMaloney on 4 Jun 2012  22 comments, latest 8 years ago
I watch the foreclosure websites (the kind that trustee's use to monitor sales) and the banks are JUST now starting to dump properties in CA. What I mean by "dump",...
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