Comments on: HOW MUCH HOUSE CAN YOU AFFORD? ARE YOU SURE!?

By: Mr. Mortgage’s Guide to the TRUTH! » Mr Mortgage - ‘Short-Refinances’ Gaining Popularity..

Sun, 25 May 2008 17:18:41 +0000

[...] HOW MUCH HOUSE CAN YOU AFFORD? ARE YOU SURE!? [...]

By: Mr. Mortgage’s Guide to the TRUTH! » Mr Mortgage - April Home Sales Rise! But Not as Fast as Inventories.

Thu, 22 May 2008 04:39:11 +0000

[...] Guide to the TRUTH! » Mr Mortgage – April CA Home Sales Rise…So Do Inventories! on HOW MUCH HOUSE CAN YOU AFFORD? ARE YOU SURE!?Mr. Mortgage’s Guide to the TRUTH! » MR MORTGAGE – April CA Home Sales Rise…So Do [...]

By: Mr. Mortgage’s Guide to the TRUTH! » Mr Mortgage - April CA Home Sales Rise…So Do Inventories!

Thu, 22 May 2008 04:02:43 +0000

[...] HOW MUCH HOUSE CAN YOU AFFORD? ARE YOU SURE!? [...]

By: Mr. Mortgage’s Guide to the TRUTH! » Mortgage Applications & Fundings Are Surging. But…

Wed, 21 May 2008 17:54:23 +0000

[...] HOW MUCH HOUSE CAN YOU AFFORD? ARE YOU SURE!? [...]

By: Mr. Mortgage’s Guide to the TRUTH! » Mr Mortgage - BREAKING APRIL CA FORECLOSURE STATS

Tue, 13 May 2008 16:55:24 +0000

[...] HOW MUCH HOUSE CAN YOU AFFORD? ARE YOU SURE!? [...]

By: Max

Max — Wed, 07 May 2008 18:35:57 +0000

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By: Inventory & Market Report - 5/3/08 | Arcadia Housing Blog

Inventory & Market Report - 5/3/08 | Arcadia Housing Blog — Sun, 04 May 2008 13:06:57 +0000

[...] Take a look at the following graph from Mr. Mortgage: [...]

By: admin

admin — Fri, 02 May 2008 05:00:37 +0000

I would not include condo’s and you must look smaller than a county – have to look at individual cities in the South Bay. I know the Bay Area very well. I am here too. That is only one indicator and nothing is perfect, but honestly I would be surprised if we only held at -20%.

By: c d k

c d k — Fri, 02 May 2008 04:54:10 +0000

The median home price in Santa Clara County is actually around $600K including condos [the census figures include condo owners, so it is the right comparison], per dataquick (http://www.viewfromsiliconvalley.com/id125.html). This implies housing is about 20% overvalued using your formula. That seems about right to me. Housing will probably fall even further than 20% in the area, as it will overshoot on the way down due to the surplus inventory and foreclosures coming into the market.