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Preview: Comments on: A Post-Frenzy Rebalancing Act In California

Comments on: A Post-Frenzy Rebalancing Act In California



Examining the home price boom and its effect on owners, lenders, regulators, real estate agents and the economy as a whole.



Published: Tue, 23 Jan 2018 09:00:29 +0000

 



By: DaveBro in SonomaCo

Thu, 16 Aug 2007 05:30:45 +0000

İEs mas mejor qué "Los Baños"!



By: Jim D

Wed, 15 Aug 2007 19:08:55 +0000

Correction: Real estate doesn't *usually* crash like the stock market. During the Mississipi land bubble, it crashed *just* like the stock market. Over a hundred years ago, but still... This is an unusual confluence of events.



By: Chad

Wed, 15 Aug 2007 15:42:47 +0000

I'd say Toyota or Honda, no matter the model, and of course Acura and Lexus are their more expensive brethren (is that the word?). I'd skip Cadillac, you'll have nothing but problems with them, and they don't hold resale, not that it may matter. If all wheel drive might be important in NY state, then Subaru is a very good one. The Legacy and Impreza of the early 2000's are actually very good cars.



By: Chad

Wed, 15 Aug 2007 15:37:33 +0000

"Told the spouse plenty times if I wasnt yoked I’d be off in hiking in Tibet." I have told my wife the same thing. Though she doesn't appreciate it, she does understand. So many points that I can see eye to eye with you on here. I'll just keep it short to, "I agree".



By: Chad

Wed, 15 Aug 2007 15:24:41 +0000

"You’re lowballing median income. Look to working families, median includes a very high level of retirees. If you’re in the for-profit sector, have an education and some experience, who is working for less than $75,000, minimum? " Plenty. My wife and I considered SoCal for a bit, and we have a few years' experience, plus I have my MBA, and my wife is a certified Radiology Tech. She'd make about 60-65K, and I might make 60K in financial analysis or treasury. We'd get to 75 each, but probably not for at least 5 years.



By: Chad

Wed, 15 Aug 2007 14:51:31 +0000

What about Hank Hill?



By: Chad

Wed, 15 Aug 2007 14:50:14 +0000

Actually, a dude opened a bar here in Council Bluffs, IA in 2002 (maybe started planning in '01?) and named it Bada Bing.



By: Chad

Wed, 15 Aug 2007 14:48:34 +0000

"It concerns me if it does drop too much before September" Me too, Neil. Like we've both been mentioning for a couple of months now. . . October! ;) And yes, if it does break the trend, then it IS much worse than we think.



By: Chad

Wed, 15 Aug 2007 14:44:04 +0000

Awww, you haven't been here long enough. She's mentioned a lot.



By: Chuck Wackerman

Wed, 15 Aug 2007 14:41:56 +0000

County stops taking Countrywide checks Posted by rroguski August 14, 2007 14:42PM Categories: Breaking News The Cuyahoga County Recorder's Office has stopped taking checks from Countrywide Financial Corp., the nation's largest mortgage lender, because of the California company's warning last week of possible financial problems. Countrywide traditionally would pay the county by check for mortgage filings it makes by mail, but the recorder's office now will accept only money orders or certified checks for payment of those fees, said Thomas Roche, the recorder's chief of staff. Countrywide hasn't bounced any checks, Roche said. The decision is purely preventative as scores of mortgage lenders have gone out of business or warned of financial woes. "This is the one that has the major problem right now," Roche said. "We're just trying to protect the assets of the county." The county has refused checks from a company one other time in recent years, he said, in the case of a title company that was going out of business. Countrywide's filing payments to the county are modest, perhaps amounting to hundreds of dollars a week. Other companies could be added to the "no checks" list if the county believes they may have trouble covering expenses. Related content



By: mattR

Wed, 15 Aug 2007 11:59:34 +0000

Sales are "up" this year in the Northern VA area as well, because 2006 was so, so horrible. Now some people think they are getting bargains and jumping back in. It's the RE version of the dead cat bounce.



By: tomthumb

Wed, 15 Aug 2007 10:50:42 +0000

what do you say to realtors that say the sales are up for the year? I am hearing that in NE ohio. My first rebuttal is ok perhaps your office of your company is but surely not all agencies (ie remax/realty one etc) Is there a way to ask them to prove it?