Tuesday, December 05, 2006
This is the question on many homeowners' minds. And if it's not, perhaps it should be. Due to the currently unstable Real Estate bubble in the U.S., people are wondering if it's going to pop soon. We've already seen prices dip in certain parts of the U.S. So the question remains, when, not if, is the bubble going to burst? To safeguard yourself against losing your home, you should consider refinancing. I have friends and acquaintances that have just refinanced to alleviate the worry of losing their home, since their mortgage is under a balloon loan. You should lock in your rates while you can. I'm relieved that I don't have to worry anymore. If you're going through refinancing or are thinking about it, share your experience dealing with your lenders.
Thursday, November 30, 2006
Real estate bubble popped spam issues
you know i post my blog up about real estate bubble popping to share infomation around the world what is happening in california and it is having problems i can a sure you. I will post a picture of a house in Venice California that has a reduced sign on it because it can not sell! The scam in the media is so funny when you think about it. "the housing prices are rising" "the houseing prices our falling" oh my got run for the hills it is the end of the world? You know this country is just ran by fear! and people like it! If you don't want to live in fear and want to see the truth out there try starting a rawfood diet! You can see the benifits since there is so much out there.. GOto rawfoodmedia.com where there are a collection of videos about raw food life style. Chris Ciabarra the co-owner in Rawfoodmedia.com is backing it 100 percent! Back to the bubble hope you got cash around:) another note my blog was frozen for a couple of days because of spam issues it got marked as spam? You know i released a paper which you can see below all over the internet people our coping it and posting it now and you know what it is funny that they spam my blog the creater of the paper? i don't understand that one. Anyway hope things are good with you! Wish everyone the best and much love! PEace for now!
Tuesday, November 28, 2006
Lightest news in the bubble market
The Market is falling I just went down to my friends house in Venice beach where the market has been up 20% for the best 5 years and his house doubled and then some. Now I see a for sale sign a block from his house that says reduced price! People it is happening picture coming soon when they un blog my blog from kind of spam-prevention robots what is next robots killing people thinking we are spam? what is going on next time tell someone you are going to send a spam bot out or have some rules up about spam bots thinking we are spam!
Friday, October 27, 2006
Tips for surviving the real estate bubble burst
If you're a homeowner, you shouldn't go into extreme alarm-mode; at least not yet. To avoid losing money and/or equity from the real estate bubble, you should avoid selling now unless you absolutely have to. If you're determined to get out of your house, think about renting it so that you can hold on to the property and make an income while the market is low. Also, consider making changes to your existing mortgage by refinancing or getting a home equity loan. This is what the experts are saying. Refinancing can be a fairly simple process and can make it much easier to pay your bills.
California real estate bubble crash
According to a report yesterday on Patrick.net, the San Francisco Bay Area and the rest of California will be hit hard by the sloping real estate market. The report says that interest rates appear to be rising, and there are a flood of adjustable-rate-mortgages. Also, a large percentage of salaries are on the decline, which negatively affects the market. When household incomes can't sustain mortgage payments, we're in for a major drop.
Here's a summary from Business Week. "Today's housing prices are predicated on an impossible combination: the strong growth in income and asset values of a strong economy, plus the ultra-low rates of a weak economy. Either the economy's long-term prospects will get worse or rates will rise. In either scenario, housing will weaken."
Here's a summary from Business Week. "Today's housing prices are predicated on an impossible combination: the strong growth in income and asset values of a strong economy, plus the ultra-low rates of a weak economy. Either the economy's long-term prospects will get worse or rates will rise. In either scenario, housing will weaken."
Latest reports on the real estate bubble
As Nicholas von Hoffman of the magazine The Nation has reported in an article "Pop Goes the Real Estate Bubble," there are some big signs that the real estate bubble is in dire risk of popping. One of the big problems is that as prices kept going up, people made about 7% of their spendable income in home equity loans and cash-outs. They had significantly more to spend on luxury items, cars, and vacations. When real estate prices stop rising or even decline, the majority of middle-income homeowners will have less money to spend on retail. This could be a bad sign for the overall economy. Van Hoffman also makes the point that no matter what happens with interest rates, if there are too many houses on the market prices will fall. Are we in for another recession? What do you think?
Tuesday, October 24, 2006
Has the California Real Estate bubble popped?
Financial experts have been debating the current state of the California Real Estate market is or has the california real estate bubble popped? Some argue that it's been stagnant for the past six months. Others would say that prices are falling and the bubble just popped, and the market is going into a decline. I've noticed that houses are staying on the market longer than they were a year ago. Also, overall prices seem to be lower than expected value. If you want to make money in the Real Estate market today, you'd better do research and talk to a consultant before you make any decisions. Has the Real Estate bubble popped , what have you observed?
Has the value of your house gone down?
Has the value of your house gone down?
Are you going to lose your house?
This is the question on many homeowners' minds. And if it's not, perhaps it should be. Due to the currently unstable Real Estate bubble in the U.S., people are wondering if it's going to pop soon. We've already seen prices dip in certain parts of the U.S. So the question remains, when, not if, is the bubble going to burst? To safeguard yourself against losing your home, you should consider refinancing. I have friends and acquaintances that have just refinanced to alleviate the worry of losing their home, since their mortgage is under a balloon loan. You should lock in your rates while you can. Check out Home Equity Loan Refinancing leaders. I used this company to protect myself from huge mortgage payments. I've gone to other companies such as Eloan and Bank of America, and Wells Fargo but haven't gotten the type of service I got when I dealt with Life Planning Network. I'm relieved that I don't have to worry anymore. If you're going through refinancing or are thinking about it, share your experience dealing with your lenders.
Southern California Real Estate market
The Real Estate market in Southern California, close to the water, seems to have remained static or depreciated in value in the past year. I have known many friends who have purchased a home, and their home values have either stayed the same or gone down. People are asking, "Why is my beachfront property not increasing in value by 15% like it has in the past few years?" The housing prices in Southern California are notoriously steep. People in large cities like San Francisco and Los Angeles have been known to pay some of the highest mortgages in the country, so it's pretty surprising that values seem to be decreasing. Since the interest rates are going up, it's causing the housing market to go down. This brings us to our next topic: are you going to lose your house if interest rates go up too high, depending on your loan?
