Oct 222014
 
Bubble News: House Prices Were Supported By Fundamentals… Not!

In every asset bubble people will claim the prices are supported by fundamentals even at the peak of the mania. During the Great Housing Bubble, people believed everyone was making two-times their actual income, and that the unstable loan programs developed during the time were innovations that… – House Prices Were Supported By Fundamentals… Not!

Visit the OC Housing News, and read our blog. Learn why you should use a home guide. Meet our home guides and housing market analysts, and read our testimonials. Discover

Oct 222014
 
OCHN: The housing market depends entirely on interest-rate stimulus

Without affordability products the housing market depends on low mortgage rates for sales to occur at today’s high prices.

Back in February of 2013 when mortgage rates were near record lows, I wrote that future housing markets would be very interest-rate sensitive, despite assurances to… – The housing market depends entirely on interest-rate stimulus


Visit the OC Housing News, and read the OC Housing News blog. Learn why you should use a home guide. Meet the Akason Realty Consulting home guides and housing market analysts, and read our

Oct 212014
 
Mortgage Refinance: How Can To Tell If There Is a Housing Bubble?

Prices went up a large amount during the Great Housing Bubble, but what makes this price increase a bubble? To answer this question it is necessary to accurately measure price levels and review historic measures of affordability to establish these price levels are not sustainable. Measuring… – How Can To Tell If There Is a Housing Bubble?


Visit the OC Housing News, and read the OC Housing News blog. Learn why you should use a home guide. Meet the Akason Realty Consulting home guides and housing market analysts, and read our real estate agent testimonials<

Oct 212014
 
Mortgage Foreclosure: Faith in home price appreciation is religion in California

Kool aid is flowing again. Last week, I read the following comment that encapsulates the religious faith of most Californians, Besides, OC real estate has been and will continue to be desirable. It’s also very cyclical and I knew there would be another cycle coming much sooner than the bears p… – Faith in home price appreciation is religion in California


Visit the OC Housing News, and read the OC Housing News blog. Learn why you should use a home guide. Meet the Akason Realty Consulting home guides and housing market analysts, and read our

Oct 212014
 
The housing market recovery is a rocky road

With the acute shortage of resale inventory across the Southwest, it’s hard to imagine prices going down, and in the short term, they won’t. Of course, circumstances could change quickly as they did this spring, so anything is possible. However, if the federal reserve can keep interest rates at record lows, and if the lending cartel can process the backlog of distressed loans without causing resale inventories to spike, then prices will not go down in the future. But is it realistic to think both of these circumstances will come to pass? Mortgage interest rates hit all-time lows because the [Read More...]

Oct 212014
 
Housing Market: Rising prices stoke fears of kool aid intoxication

Everyone wants to make money for doing nothing. Learning about investing takes time and effort, and the results are far too slow to satisfy most people. Plus, you have to sell the investment and pay taxes on the gains. It’s too much hassle. Real estate is so much better. Everyone is… – Rising prices stoke fears of kool aid intoxication


Visit the OC Housing News, and read the OC Housing News blog. Learn why you should use a home guide. Meet the Akason Realty Consulting home guides and housing market analysts, and read our real

Oct 212014
 
OCHN: Are the GSEs returning to subprime lending?

Mel Watt announced a number of changes designed to loosen the credit box and stimulate lending. This doesn’t mean a return to subprime.

Those of us who watched the housing bubble and bust and detailed it’s causes are greatly concerned about returning to the disastrous lending… – Are the GSEs returning to subprime lending?


Visit the OC Housing News, and read the OC Housing News blog. Learn why you should use a home guide. Meet the Akason Realty Consulting home guides and housing market analysts, and read our real estate agent testimonials

Oct 202014
 
USA Foreclosure: Mortgage fire is realization of American Dream

According to Wikipedia:  The American Dream is a national ethos of the United States, a set of ideals in which freedom includes the opportunity for prosperity and success, and an upward social mobility achieved through hard work. In the definition of the American Dream by James Truslow Adams in … – Mortgage fire is realization of American Dream


Visit the OC Housing News, and read the OC Housing News blog. Learn why you should use a home guide. Meet the Akason Realty Consulting home guides and housing market analysts, and read our real

Oct 202014
 
OCHN: As personal finances improve, debt collectors come calling

Lenders didn’t collect on bad debts during the recession when borrowers were broke, but now that personal finances are improving, lenders want their money.

Most borrowers who defaulted on debts during the recession waited anxiously for their lenders to come after them for the bad debt…. – As personal finances improve, debt collectors come calling


Visit the OC Housing News, and read the OC Housing News blog. Learn why you should use a home guide. Meet the Akason Realty Consulting home guides and housing market analysts, and read our

Oct 192014
 
Loan Mod Default: Will the high cost of FHA financing derail the housing recovery?

First-time homebuyers are the foundation of the housing market. Move-up buyers need first-time homebuyers to purchase their property to provide the equity to make the move up possible. With the collapse of toxic loan products from the bubble, first-time homebuyers suddenly needed to have… – Will the high cost of FHA financing derail the housing recovery?


Visit the OC Housing News, and read the OC Housing News blog. Learn why you should use a home guide. Meet the Akason Realty Consulting home guides and housing market analysts, and read our

Oct 192014
 
USA Housing: Sell now, mortgage interest rates to keep rising

The conventional wisdom is that fence-sitting buyers buy homes in reaction to rising interest rates for fear of being priced out of the housing market. In the past, this has often been the case, mostly because realtors use this scare tactic to generate quick commissions. However, with the… – Sell now, mortgage interest rates to keep rising


Visit the OC Housing News, and read the OC Housing News blog. Learn why you should use a home guide. Meet the Akason Realty Consulting home guides and housing market analysts, and read our real estate a

Oct 192014
 
OCHN: Los Angeles County Housing Market News: October 2014

Historically, properties in this market sell at a 9.5% discount. Today’s discount is 11.7%. This market is 2.1% undervalued.
Median home price is $475,200 with a rental parity value of $536,800. This market’s discount is $61,600.
Monthly payment affordability has been improving over… – Los Angeles County Housing Market News: October 2014


Visit the OC Housing News, and read the OC Housing News blog. Learn why you should use a home guide. Meet the Akason Realty Consulting home guides and housing market analysts, and read our

Oct 182014
 
Ponzi Debt: Ponzis want another chance at free mortgage money

The desire for home ownership is stronger than ever. There are many emotional reasons to covet home ownership, and these are valid reasons to buy a house. However, over the last 30 years, the desire to own a home for family and security has been darkened and twisted by the desire to make… – Ponzis want another chance at free mortgage money


Visit the OC Housing News, and read the OC Housing News blog. Learn why you should use a home guide. Meet the Akason Realty Consulting home guides and housing market analysts, and read our real estate agen

Oct 182014
 
RE Ruin: What Buyers Need to Know about the Housing Bubble

During the decline of house prices in the deflation of the Great Housing Bubble, price levels will fall to fundamental valuations of historic levels of appreciation, price-to-rent ratios, and price-to-income ratios. The nominal price declines may be impacted by inflation and monetary policy of… – What Buyers Need to Know about the Housing Bubble

Visit the OC Housing News, and read our blog. Learn why you should use a home guide. Meet our home guides and housing market analysts, and read our testimonials. Discover

Oct 172014
 
Debt Default: Strategic default pays off as defaulters repurchase at lower prices

Many borrowers chose not to struggle with onerous house payments early in the housing bust and strategically defaulted. Most of these borrowers recognized their payments were greater than the cost of a comparable rental, and with falling prices, there was no return for this added investment. The… – Strategic default pays off as defaulters repurchase at lower prices


Visit the OC Housing News, and read the OC Housing News blog. Learn why you should use a home guide. Meet the Akason Realty Consulting home guides and housing market analysts, and read our

Oct 172014
 
Housing Market: One man's mortgage debt is an entire neighborhood's equity

Residential real estate is generally valued by comparable neighborhood sales. When a property sells for a new high price, it doesn’t just affect the value of that property, it impacts the value on all similar properties within a mile of the new sale. During the housing bubble, neighbors… – One man’s mortgage debt is an entire neighborhood’s equity


Visit the OC Housing News, and read the OC Housing News blog. Learn why you should use a home guide. Meet the Akason Realty Consulting home guides and housing market analysts, and read our

Oct 172014
 
OCHN: Will the CAr 2015 housing market sales forecast be way off?

The California Association of realtors housing market sales forecasts for 2013 and 2014 were way off. How bad will their 2015 miss be?

Past performance is not always the best indicator of the skill of forecasters. For example, if meteorologists issue a standard forecast for weather in Southern… – Will the CAr 2015 housing market sales forecast be way off?


Visit the OC Housing News, and read the OC Housing News blog. Learn why you should use a home guide. Meet the Akason Realty Consulting home guides and housing market analysts, and read our

Oct 162014
 
Real Estate Loan: Looser lending standards won't inflate another housing bubble

Lenders lower standards to qualify more borrowers and increase business, a precursor to another bubble, but only if risk is again mispriced. The recipe for a housing bubble takes many ingredients, and loose lending standards are one of them; however, it requires a gross mispricing of risk and… – Looser lending standards won’t inflate another housing bubble


Visit the OC Housing News, and read the OC Housing News blog. Learn why you should use a home guide. Meet the Akason Realty Consulting home guides and housing market analysts, and read our

Oct 162014
 
OCHN: Is real estate the best asset class for the 21st century?

Will continuing population growth and shortages of housing and farmland make real estate the asset class to invest in during this century?

Where is the best place to put your money today? At the bottom of the credit cycle, super-low interest rates inflate the value of all assets because… – Is real estate the best asset class for the 21st century?


Visit the OC Housing News, and read the OC Housing News blog. Learn why you should use a home guide. Meet the Akason Realty Consulting home guides and housing market analysts, and read our real es

Oct 152014
 

Ownership is primal. The first two words children learn in any language are “no” and “mine.” People have an deep intuition of what is theirs and what is not. Emotionally, It’s Mine defines ownership; in the real world, it is not so black and white. When people own… – Foreclosure 101: vesting title

Visit the OC Housing News, and read our blog. Learn why you should use a home guide. Meet our home guides and housing market analysts, and read our testimonials. Discover why