I had a major life event come up recently, and I told my frequent dining companion: “No matter what happens, we are going to Old Vine for dinner.” The way I figured, if things went poorly I could drown my sorrows in their very generous tasting menu wine pours, and if things went well I [...]
There is definitely some controversy going on with the HAMP default numbers. From HousingWire:
“Since the Making Home Affordable report was posted on July 20th, Fannie Mae, which administers the program, has reported to Treasury an issue in its implementation of the delinquency statistic methodology used to report performance of permanent modifications. [...]
The Real Estate Channel has an interesting article: Why Are Banks Withholding Highend Repossessions Over $300,000 From the Market?
Here is what he had to say about OC:
Orange County is situated between Los Angeles and San Diego. With a population of roughly 3 million, it includes such cities as Irvine, Santa [...]
Editorial Note: English is not the first language of the writer of this post, BK. Please forgive the minor errors (and OC Reader Forums inside jokes) and take in the ideas presented by this talented and experienced architectural historian and housing market researcher.
First of all City of Irvine has created several urban sectors with tremendous failure in [...]
Most of the “high-end” debtors in OC were/are just a bunch of poseurs. They never had the money to pay their mortgage, and they never would have the money money in the future. I do think there are a few that are suffering from job losses, but they are not the majority, at least not [...]
Thanks to Yelp, a recent and terribly random craving for breakfast pizza (not pizza that happens to be eaten the next morning, but rather pizza with, say, eggs on it) led myself and my adventurous companion to Matador Cantina in Downtown Fullerton. This was fortuitous as I had already purchased a Restaurant.com gift certificate for Matador and [...]
Why the three headed monster of South Beach may be good for the Lakers and bad for LeBron
Let’s first clear the air – regardless of who they sign to play around the Miami Thrice, or how many hours it takes Pat Riley’s goons to convince soon to be ex-coach Eric Spoelstra that the Heat’s new practice facility is [...]
First, hat tip to Edward Harrison over at CreditWritedowns for posting: Are the rich the biggest strategic defaulters? Not only is that post a must read, but I also suggest you take a gander at his blog, and consider becoming his friend on Facebook. Thanks to FB, I caught this great article. He has some [...]
