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Monthly Archives: May 2007

I cannot believe how dare these government officials to use the taxpayers’ money (my annual $20000 to $50000 tax contribution included) to “save” these subprime homeowners from foreclosure. Why don’t they give me a free two loan points on the loan or the cash back to me for buying a home? America is about fairness, […]

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California Foreclosure Up And Up

Here is some of the latest real estate headline news: 1. Home builders’ confidence falls to 16 years low. 2. Notice of defaults in California up by 23% from last quarter, and up by 148% from last year. 3. New Century goes bankrupt, slimming down from 6000+ employees down to 100+ people, right at Irvine, […]

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