O.C. house prices seen rising in 2013 [Southern California]
From where Evan Gentry sits, Orange County’s housing market looks pretty grim.
Gentry, 37, heads Ladera Ranch-based G8 Capital, a company he founded last year to invest in troubled loans and foreclosed homes.
As someone who constantly looks at the things lenders are trying to ditch, he has developed a pessimistic view of the county’s housing market. In an interview with Mortgage Insider, he explains his view of the housing market, of government bailouts and of people who can’t afford their mortgages.
But before getting to all that, it’s worth noting that things are heating up again in the market for troubled assets, Gentry said.