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  1. morekaos_IHB

    Headlines...

    Man, I hope it never comes to this or I am in deep trouble...Gulp! <a href="http://www.dailymail.co.uk/news/worldnews/article-1194891/Pensioners-kidnap-financial-adviser-lost-2m-batter-Zimmer-frames.html?ref=patrick.net">Pensioners battered a financial adviser with Zimmer frames before...
  2. morekaos_IHB

    I THINK THE MARKETS HAVE BOTTOMED!!!

    Looking to the past can help us look forward. 1990's! <a href="http://articles.moneycentral.msn.com/Banking/HomebuyingGuide/when-will-home-prices-recover.aspx?ref=patrick.net">4 of America's nastiest housing busts</a>
  3. morekaos_IHB

    Headlines...

    I just want to kill this guy. <a href="http://www.miamiherald.com/news/breaking-news/story/1111982.html?ref=patrick.net">Rick Rochon's Boca Raton mansion headed to auction block</a> Richard ''Rick'' Rochon's Boca Raton estate, the subject of a foreclosure action, is slated to go on the...
  4. morekaos_IHB

    Long Beach general thread

    350 days on the market, asking almost a million dollars, ONE lousy price reduction of a measly 4% and you don't have the time to post up one picture of this trophy property? This is what "for sale by owner" (dunce) produces. <a...
  5. morekaos_IHB

    I THINK THE MARKETS HAVE BOTTOMED!!!

    Again, the second coming of 1994 and the feds forced hand at raising interest rates. Will OC go BK again? <a href="http://money.cnn.com/2009/06/19/news/economy/higher_inflation.fortune/index.htm">Here come higher interest rates</a> Indeed, the trend towards far higher rates is already...
  6. morekaos_IHB

    I THINK THE MARKETS HAVE BOTTOMED!!!

    May not be as bad as you might think. Look at those two articles and the amount quoted as a deficit. In 1992 the state was running an $11 billion dollar shortfall. In 2009 it is $24 billion. I would guess in 2009 dollars, that 1991 $11 billion is actually quit a bit worse, but then again, I am...
  7. morekaos_IHB

    I THINK THE MARKETS HAVE BOTTOMED!!!

    The comedy continues for the keystone cops in charge in Sacramento. Striking isn?t it how history repeats itself over and over and over? Things ended well last time, and they will again. These articles are soooo similar it is easy to get their dates confused yet they are 17 years apart...
  8. morekaos_IHB

    Anyone been watching the Towering Inferno at Marquee Place?

    Is this the inevitable end to our Towers of Terror? <a href="http://www.browardpalmbeach.com/2009-06-18/news/south-florida-s-housing-crisis-leaves-behind-ghost-towers/">south-florida-s-housing-crisis-leaves-behind-ghost-towers</a> Drive down Federal Highway or Sunrise Boulevard in Fort...
  9. morekaos_IHB

    Long Beach general thread

    So much for using Redfin to buy my next house as it will very likely be a short sale home...Oh well.
  10. morekaos_IHB

    Long Beach general thread

    All this and... <a href="http://www.redfin.com/CA/Long-Beach/5625-La-Paz-St-90803/home/7595324?utm_source=myredfin&utm_medium=email&utm_campaign=listings_update&utm_nooverride=1">La Paz</a> I get to drive the lifestyle!!! Such a deal! <span style="font-size: 13px;"><strong>"Range...
  11. morekaos_IHB

    Crystal Cove Weakness

    Well here is an actual loss. Notice there are no comps on any of these offerings? It it because there aren't any. <a href="http://www.redfin.com/CA/Newport-Coast/7-Atlantis-Cv-92657/home/5811477">Vaccine didn't work</a> Imunity compramised
  12. morekaos_IHB

    Crystal Cove Weakness

    I was having a friendly argument with a friend of mine about how bulletproof Crystal cove was so I did a little digging and was astonished to find that according to Redfin only three homes have closed in the last 6 months there. One for a $150,000 loss. The calculation of the inventory draw down...
  13. morekaos_IHB

    T-minus ? until Countrywide goes under.. . .

    More finger pointing and blame...there will be more, just like the 90's. <a href="http://finance.yahoo.com/news/CEO-says-US-pressured-bank-to-apf-15501472.html?sec=topStories&pos=main&asset;=&ccode;=">CEO says gov't pressured bank to buy Merrill Lynch</a>
  14. morekaos_IHB

    Long Beach general thread

    Not in the Shore and still not an all bad neighborhood but look at this hit!!! <a href="http://www.redfin.com/CA/Long-Beach/315-Ximeno-Ave-90814/home/7600825">315 Ximeno</a> Jun 10, 2009 Listed <span style="color: red;"><span style="font-size: 13px;"><strong>$514,900...
  15. morekaos_IHB

    Where do you work?

    Seal Beach
  16. morekaos_IHB

    Real Housewives of OC update

    And some of the most visible, personification's of the housings bubble implode into nothingness. This is too rich to be real but it is the "Real Housewives". Too bad she may not return to face the cameras and show the real side of the OC.
  17. morekaos_IHB

    The way we were

    Wow, here's one that harkens back to the good old days. <a href="http://www.businessinsider.com/chase-mortgage-ad-from-2005-is-funny-and-scary-2009-6?ref=patrick.net">Chase lending</a>
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