[34f3f3f]

I read a book a while back that suggested the bond market is the surreptitious driver of everything. However, my understanding is that a huge pool of cash was chasing better rates than US Treasuries were providing, and that it was MBSs and CDOs that filled this gap. The rest is history.

California is probably a bit of a unique case, and since the effects of both the subprime crisis were magnified it’s perhaps not surprising that government intervention has had an exaggerated effect.

Emotions have a habit of driving one’s point of view, but a snap shot of where we are currently still paints a sullied picture, which may not be ever-worsening, but is still never-lessening. I’m speaking of jobs and foreclosures, and hedged predictions by many eminent pro’s of a double dip. While you may ignore this at your peril, it’s not possible to say with real certainty where things will go from here.

[34f3f3f]

I read a book a while back that suggested the bond market is the surreptitious driver of everything. However, my understanding is that a huge pool of cash was chasing better rates than US Treasuries were providing, and that it was MBSs and CDOs that filled this gap. The rest is history.

California is probably a bit of a unique case, and since the effects of both the subprime crisis were magnified it’s perhaps not surprising that government intervention has had an exaggerated effect.

Emotions have a habit of driving one’s point of view, but a snap shot of where we are currently still paints a sullied picture, which may not be ever-worsening, but is still never-lessening. I’m speaking of jobs and foreclosures, and hedged predictions by many eminent pro’s of a double dip. While you may ignore this at your peril, it’s not possible to say with real certainty where things will go from here.

[34f3f3f]

I read a book a while back that suggested the bond market is the surreptitious driver of everything. However, my understanding is that a huge pool of cash was chasing better rates than US Treasuries were providing, and that it was MBSs and CDOs that filled this gap. The rest is history.

California is probably a bit of a unique case, and since the effects of both the subprime crisis were magnified it’s perhaps not surprising that government intervention has had an exaggerated effect.

Emotions have a habit of driving one’s point of view, but a snap shot of where we are currently still paints a sullied picture, which may not be ever-worsening, but is still never-lessening. I’m speaking of jobs and foreclosures, and hedged predictions by many eminent pro’s of a double dip. While you may ignore this at your peril, it’s not possible to say with real certainty where things will go from here.

[34f3f3f]

I read a book a while back that suggested the bond market is the surreptitious driver of everything. However, my understanding is that a huge pool of cash was chasing better rates than US Treasuries were providing, and that it was MBSs and CDOs that filled this gap. The rest is history.

California is probably a bit of a unique case, and since the effects of both the subprime crisis were magnified it’s perhaps not surprising that government intervention has had an exaggerated effect.

Emotions have a habit of driving one’s point of view, but a snap shot of where we are currently still paints a sullied picture, which may not be ever-worsening, but is still never-lessening. I’m speaking of jobs and foreclosures, and hedged predictions by many eminent pro’s of a double dip. While you may ignore this at your peril, it’s not possible to say with real certainty where things will go from here.

[34f3f3f]

I read a book a while back that suggested the bond market is the surreptitious driver of everything. However, my understanding is that a huge pool of cash was chasing better rates than US Treasuries were providing, and that it was MBSs and CDOs that filled this gap. The rest is history.

California is probably a bit of a unique case, and since the effects of both the subprime crisis were magnified it’s perhaps not surprising that government intervention has had an exaggerated effect.

Emotions have a habit of driving one’s point of view, but a snap shot of where we are currently still paints a sullied picture, which may not be ever-worsening, but is still never-lessening. I’m speaking of jobs and foreclosures, and hedged predictions by many eminent pro’s of a double dip. While you may ignore this at your peril, it’s not possible to say with real certainty where things will go from here.

[34f3f3f]

“I don’t see how anyone that is waiting for home prices to reach normalcy can possibly think any of these policies are great.”

Don’t buy. It is as simple as that. If there are no buyers, there won’t be a recovery. If enough effort went into this message, it might grow some teeth.

[34f3f3f]

“I don’t see how anyone that is waiting for home prices to reach normalcy can possibly think any of these policies are great.”

Don’t buy. It is as simple as that. If there are no buyers, there won’t be a recovery. If enough effort went into this message, it might grow some teeth.

[34f3f3f]

“I don’t see how anyone that is waiting for home prices to reach normalcy can possibly think any of these policies are great.”

Don’t buy. It is as simple as that. If there are no buyers, there won’t be a recovery. If enough effort went into this message, it might grow some teeth.

[34f3f3f]

“I don’t see how anyone that is waiting for home prices to reach normalcy can possibly think any of these policies are great.”

Don’t buy. It is as simple as that. If there are no buyers, there won’t be a recovery. If enough effort went into this message, it might grow some teeth.

[34f3f3f]

“I don’t see how anyone that is waiting for home prices to reach normalcy can possibly think any of these policies are great.”

Don’t buy. It is as simple as that. If there are no buyers, there won’t be a recovery. If enough effort went into this message, it might grow some teeth.

[34f3f3f]

[quote=Fearful]The tax credit is for new houses, not resales.[/quote]
AB 183 will provide $200 million for home buyer tax credits, allocating $100 million for qualified first-time home buyers of existing homes and $100 million for purchasers of new, or previously unoccupied, homes.

[34f3f3f]

[quote=Fearful]The tax credit is for new houses, not resales.[/quote]
AB 183 will provide $200 million for home buyer tax credits, allocating $100 million for qualified first-time home buyers of existing homes and $100 million for purchasers of new, or previously unoccupied, homes.

[34f3f3f]

[quote=Fearful]The tax credit is for new houses, not resales.[/quote]
AB 183 will provide $200 million for home buyer tax credits, allocating $100 million for qualified first-time home buyers of existing homes and $100 million for purchasers of new, or previously unoccupied, homes.

[34f3f3f]

[quote=Fearful]The tax credit is for new houses, not resales.[/quote]
AB 183 will provide $200 million for home buyer tax credits, allocating $100 million for qualified first-time home buyers of existing homes and $100 million for purchasers of new, or previously unoccupied, homes.

[34f3f3f]

[quote=Fearful]The tax credit is for new houses, not resales.[/quote]
AB 183 will provide $200 million for home buyer tax credits, allocating $100 million for qualified first-time home buyers of existing homes and $100 million for purchasers of new, or previously unoccupied, homes.

[Author]

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