cobblestone's Comments cobblestone's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/78474/comments FDIC Forecasts More Bad Loans and Bank Failures http://seekingalpha.com/article/166969-fdic-forecasts-more-bad-loans-and-bank-failures?source=feed#comment-719399 719399 Sun, 18 Oct 2009 11:34:07 -0400 Leading Home Price Indicators: Sacramento http://seekingalpha.com/article/161159-leading-home-price-indicators-sacramento?source=feed#comment-674405 674405 Sun, 13 Sep 2009 11:56:59 -0400 What's Driving Single Family Home Investors? http://seekingalpha.com/article/147422-what-s-driving-single-family-home-investors?source=feed#comment-578947 578947

On Jul 07 06:50 PM PseudonymName wrote:

> I bought a condo at the end of 2008 in Oceanside, San Diego County,
> CA. Why? Because the 3 bedroom apartments across the street were
> renting for more than my monthly payments are.
>
> Now I own my own place - 3 miles from the beach in SoCal and I am
> paying less than the folks in the apartments across the street to
> live there not to mention that I have way more Sq Footage and a two
> car attached garage to boot.
>
> When you can own your own place for less than the cost of renting
> - it is time to buy.]]>
Wed, 08 Jul 2009 11:39:43 -0400

On Jul 07 06:50 PM PseudonymName wrote:

> I bought a condo at the end of 2008 in Oceanside, San Diego County,
> CA. Why? Because the 3 bedroom apartments across the street were
> renting for more than my monthly payments are.
>
> Now I own my own place - 3 miles from the beach in SoCal and I am
> paying less than the folks in the apartments across the street to
> live there not to mention that I have way more Sq Footage and a two
> car attached garage to boot.
>
> When you can own your own place for less than the cost of renting
> - it is time to buy.]]>
Options Arm Recasts: Hype or Not? http://seekingalpha.com/article/146202-options-arm-recasts-hype-or-not?source=feed#comment-569795 569795 Wed, 01 Jul 2009 09:50:05 -0400 Sacramento Housing Bottom Driven by Low Inventory http://seekingalpha.com/article/137591-sacramento-housing-bottom-driven-by-low-inventory?source=feed#comment-503855 503855 * interest (mortgage) rates expected to rise due to excessive printing of money, making homes less affordable;
* rising federal and state taxes and fees;
* state and local government layoffs continuing as there are no building fees to support personnel infrastructure;
* rising unemployment (in most industries);
* devaluation of dollar;
* expiration of state and federal tax credits (I hope they extend), thereby reducing demand;
* rising foreclosures from Option ARM and Alt A loans starting first quarter 2010 through first quarter 2012; and
* continued lack of home buyer credit and construction financing.

It's not going to be pretty.]]>
Thu, 14 May 2009 12:46:06 -0400 * interest (mortgage) rates expected to rise due to excessive printing of money, making homes less affordable;
* rising federal and state taxes and fees;
* state and local government layoffs continuing as there are no building fees to support personnel infrastructure;
* rising unemployment (in most industries);
* devaluation of dollar;
* expiration of state and federal tax credits (I hope they extend), thereby reducing demand;
* rising foreclosures from Option ARM and Alt A loans starting first quarter 2010 through first quarter 2012; and
* continued lack of home buyer credit and construction financing.

It's not going to be pretty.]]>
More Grim Economic News http://seekingalpha.com/article/122899-more-grim-economic-news?source=feed#comment-406081 406081 Fri, 27 Feb 2009 13:20:50 -0500 Solve the Housing Crisis by Rewarding the Prudent http://seekingalpha.com/article/106745-solve-the-housing-crisis-by-rewarding-the-prudent?source=feed#comment-310021 310021 Wed, 19 Nov 2008 12:42:07 -0500 Housing Starts Plunge http://seekingalpha.com/article/100536-housing-starts-plunge?source=feed#comment-285657 285657 Sun, 19 Oct 2008 11:58:49 -0400 Housing Starts Plunge http://seekingalpha.com/article/100536-housing-starts-plunge?source=feed#comment-285656 285656 Sun, 19 Oct 2008 11:57:56 -0400 CNN/Money: Housing Rebound in Sight! http://seekingalpha.com/article/84013-cnn-money-housing-rebound-in-sight?source=feed#comment-201218 201218 Wed, 09 Jul 2008 08:31:16 -0400 A Note to the Bubble-Phobes http://seekingalpha.com/article/67019-a-note-to-the-bubble-phobes?source=feed#comment-121892 121892 Tue, 04 Mar 2008 09:33:24 -0500 Paulson Gets it Right on Housing http://seekingalpha.com/article/50209-paulson-gets-it-right-on-housing?source=feed#comment-99121 99121 Thu, 18 Oct 2007 18:09:30 -0400