Category Archives: Real Estate

More People Renting, Fewer People Owning

I cover real estate, refinance and mortgages here: Home Values Fall As Foreclosures Rise Time To Raise FHA Downpayments? Perverse Incentives In The Housing Market Retiring Fannie Mae, Freddie Mac Who Profits From Jumbo Mortgages? Do You A Debt-Free Retirement? … Continue reading

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US Housing Market To Lose $2 Trillion In Equity In 2011

I cover real estate here: When Should You Pay Off A Mortgage Early? What Hope For The Mortgage Industry? Mortgage Industry Braces For Tsunami Of New Regulations Home Sales Decline Foreclosures Slow I’m Having Second Thoughts About The Consumer Financial … Continue reading

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I Don’t Have A Problem With Slumlords

So long as they aren’t hurting third parties, I see no reason why they can’t operate as they wish within the law. Slumlords have no power to force people to live in their broken down properties. Poor people don’t have … Continue reading

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The Housing Boom and Bust: Revised Edition by Thomas Sowell

Get the book here. People charged higher interest rates than average also have higher rates of payments, defaults and foreclosures. The market has accurately assessed the risks. (Pg. 6) From Pg. 16-17: While housing payments often made up more than … Continue reading

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BRE Properties (NYSE) – Unhappy Tenants At Aqua Complex Marina Del Rey

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Wells Fargo’s Mortgage Vulnerabilities

I cover the mortgage and real estate industry here: Taking Out Your First Mortgage Private Funding For U.S. Residential Mortgage Market Remains Tiny Troubles with residential mortgage-backed securities Residential Mortgage Applications Keep Dropping Wells Fargo’s Mortgage Division Under Pressure How … Continue reading

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More Unhappy Tenants At Aqua Complex, Marina Del Rey

Here are my previous reports on this. I wrote a few months ago about the fall of real estate developer Laurence Gluck and the unhappy residents of the AQUA apartment complex at 4750 Lincoln Blvd, Marina Del Rey, CA 90292. … Continue reading

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The Housing Boom And Bust

I’ve been blogging about mortgage refinance for a couple of years, strongly influenced by my free market economics background at UCLA and by this 2009 book by Stanford economist Thomas Sowell: Did You Hear About The 89-Square Foot House? Home … Continue reading

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What A Real Estate Agent Can Not Tell You

There is a lot of info that I would like from a realtor before buying a home. For instance, I’d like to know about crime statistics. I’d like to know about the quality of schools. I’d like to know about … Continue reading

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Crashing Home Prices

My Shabbats used to be ruined by sitting at someone’s table and listening to them moan about the high price of Pico/Robertson real estate and how they had to sell off their first-born child to make their downpayment. Just imagine … Continue reading

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