Comments on: California Housing … Is This A Bottom? http://www.brokerforyou.com/brokerforyou/california-housing-is-this-a-bottom.html San Diego real estate - San Diego real estate market 'Inside' views & opinion Thu, 26 Jan 2012 19:54:43 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: San Diego income property http://www.brokerforyou.com/brokerforyou/california-housing-is-this-a-bottom.html/comment-page-1#comment-80078 San Diego income property Thu, 21 May 2009 02:59:39 +0000 http://www.brokerforyou.com/brokerforyou/?p=873#comment-80078 I looked for the recovery to start right after the election. Why? Hope. We needed hope as a nation. From there, I figured about a year to win back the confidence needed. The economy is all about confidence. But, I guess I was wrong... <strong> <em><a href="http://www.brokerforyou.com">San Diego California real estate</a></em></strong> I looked for the recovery to start right after the election. Why? Hope. We needed hope as a nation. From there, I figured about a year to win back the confidence needed. The economy is all about confidence. But, I guess I was wrong…

San Diego California real estate

]]> By: San Diego County cosmetic dentists http://www.brokerforyou.com/brokerforyou/california-housing-is-this-a-bottom.html/comment-page-1#comment-80077 San Diego County cosmetic dentists Thu, 21 May 2009 02:57:18 +0000 http://www.brokerforyou.com/brokerforyou/?p=873#comment-80077 Given the ratio to income to sales price in California the foreclosure crisis will be a California problem for many years. Until the recent bubble lending 3 times income was a good yardstick but now it ranges from 6 to 10 times income and this has become the norm. A good example would be the city of Santa Rosa BMR problem that has a cap of 50K income for houses costing 304K using the FHA 3% down program. Low income cannot afford a 300K home; only in California is this type of thinking keep alive by local and state government. In fact the State yesterday wants to give low income families 100% financing for foreclosure homes in the most impacted parts of the state. These homes require extensive rehab which low income citizens do not have and will again provide a new wave of foreclosures in the coming years. <strong><em><a href="http://www.san-diego-dentist.us/san-diego-family-dental.html">San Diego family dentist</a></em></strong> Given the ratio to income to sales price in California the foreclosure crisis will be a California problem for many years. Until the recent bubble lending 3 times income was a good yardstick but now it ranges from 6 to 10 times income and this has become the norm. A good example would be the city of Santa Rosa BMR problem that has a cap of 50K income for houses costing 304K using the FHA 3% down program. Low income cannot afford a 300K home; only in California is this type of thinking keep alive by local and state government. In fact the State yesterday wants to give low income families 100% financing for foreclosure homes in the most impacted parts of the state. These homes require extensive rehab which low income citizens do not have and will again provide a new wave of foreclosures in the coming years.

San Diego family dentist

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