Time
This Dr. Housing Bubble article may as well have been addressed directly to Starchy. Take a look at the home sales trends of the past 5 years and how they relate to home prices. Recall that when sales tanked back in 2007, prices tanked 6-12 months after. SoCal sales numbers for August/Sept/Oct/Nov 2010 were among the worst [...]
Sorry if this is a "duh" question, but can you get a fha rehab loan if you already own a house? I have a place in Austin but live in LA now and would like to go the FHA route. I was looking at the official HUD FHA 203K fact sheet, and didn’t see [...]
According to Robert Shiller Yale Economist (this man predicted the current housing crash) 1. House prices are still only halfway back down to fair value. 2. Prices don’t usually stop at fair value 3. Obama’s plan wont turn housing around. Robert Shiller in his book called irrational exuberance has a chart showing the history of [...]