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Real Estate Conspiracy Caught

Real Estate Conspiracy Caught

Some real estate investors just don't know when to quit. Eight guys, eight ordinary guys out in California (if anyone who lives in California can really be "ordinary") were arrested yesterday for rigging foreclosure auctions. The Department of...

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Scrapping HAMP For Good

Scrapping HAMP For Good

I promised ya'll not that long ago that I wouldn't speak about H**P ever again seeing that the program was obviously dead in the water and that it was obvious to everyone with brainwave activity that the program should be scrapped. And for the last...

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California’s Court Settlement

California’s Court Settlement

The Attorney General of California has a mighty big question to deal with right now. She's sitting on six and a half million dollars from a settlement with Countrywide Financial Corp. and I'm not sure she knows what to do with it. Now if it were...

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Shadow Strikes Again

Shadow Strikes Again

According to Altos Research, home prices will start 2011 at lower levels than they started 2009. Yeah, they're pretty pessimistic over at Altos. You'd think out in California they'd be a little more relaxed. They, like oh, most of us, have heard...

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Foreclosures Are Ripe

Foreclosures Are Ripe

Okay, true or false: 31% of all home sales in the first quarter of 2010 were foreclosures. You're thinking it's true, right? I mean, why would I make up such shocking numbers for no reason? Well, you're right. It's actually true. Though...

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I’ll Take The Money

I’ll Take The Money

I'm thinking of changing my name to California. Think it's a good idea? I just heard the US government is giving California $700 million to fight foreclosures. So maybe I can pull a fast one and get the money deposited in my account. After all,...

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Prices Falling Just in Time

Prices Falling Just in Time

Did you ever notice how things have a way of balancing out? You know, things go down just as something else goes up. It's always funny when it works out that way, but it really makes a lot of sense. Take the latest news about home prices, for...

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CA’s SS News

CA’s SS News

I'm having a great weekend! I've been working INSANE hours for the last few weeks jetting around the country (remind me to tell you about losing my keys an hour before my flight). So I decided to really take it easy this weekend and...

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When Waves Attack

When Waves Attack

I don't know if you caught the (non-real estate) news this weekend, but a rogue wave at a Calif. surfing competition got some spectators into the action. Apparently a 6-foot wave washed away a group of spectators leaving them bruised and...

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