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Category Archives: Real Estate
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
Posted in Real Estate
Tagged housing industry, jumbo mortgage loans, mark zandi, mortgage borrowers, mortgage division, mortgage game, mortgage securities, reverse mortgage, reverse mortgages
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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
Posted in Real Estate
Tagged 30 year fixed rate mortgage, archstone, bre properties, del rey ca, fixed rate mortgage, lincoln blvd, marina del rey, mortgage interest tax deduction, mortgage reform, personal belongings, year fixed rate mortgage
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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
Posted in Real Estate
Tagged boom and bust, economist thomas sowell, foreclosure auction, free market economics, henry cisneros, Thomas Sowell
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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
Posted in Real Estate
Tagged average household income, average incomes, fair housing act, john derbyshire, prospective home buyers, religious makeup
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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
Posted in Real Estate
Tagged agony, auschwitz, celia chen, chief economist, credit markets, downpayment, economic forecasting, free zone, global insight, housing market, hundreds of thousands, Jews, lintels, Los Angeles Times, optimists, recession, rest of my life, twink, west chester pa, whinging
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