At the panel discussion the other night, the methodology of the Case-Shiller Index was questioned. Do they include every repeat sale they find, or just the recent ones? Because the long-time owners, ones who paid $33,000 in the 1960s, and are now selling for $700,000,...
From our friends at the L.A. Times: http://www.latimes.com/classified/realestate/news/la-fi-stonebrook25-2009apr25,0,7774801,full.story An excerpt: The classic half-timbered home, built beginning in 1914, was a ramshackle relic when it was purchased a decade ago for...
The U-T found a condo-conversion project having trouble in Linda Vista, as a result of James McConville fraudulent doings. Thirty-five of 42 condos are in foreclosure:...
At last night's panel discussion the question was asked, "When will the Case-Shiller index hit bottom?" Other panelists politely side-stepped the question, so I took the plunge. My last prediction was the infamous coffee bet from September, 2006, where I guessed that...
The group of bank-owned properties in North SD County was published here on February 6th, and there were 688 on the list that day. Here is the fresh list below, with extra zip codes included. To compare apples and apples, the towns on the previous list were Cardiff,...
Another hot REO buy in Oceanside! A 2:31-minute YouTube tour:
Does this bother you? From the WSJ: WASHINGTON -- Troubled financial institutions and the Detroit auto makers continue to spend heavily on lobbying Congress while accepting billions of dollars in U.S. government money, reports to Congress suggest. General Motors...
FreedomCM brought up the new data from Mr. Mortgage on the San Diego real estate supply and demand, and mounting foreclosures: http://www.fieldcheckgroup.com/2009/04/21/213/ He has his usual colorful charts and commentary - here are a couple of his notes: (T)he...
WASHINGTON (Reuters) – The Treasury Department is considering giving banks and investors billions of dollars in fresh incentives to modify troubled mortgages and save homeowners from foreclosure, sources familiar with official deliberations said. Under one scenario,...
Thursday's panel discussion at 6pm has been moved to a slightly larger facility, the Joan B. Kroc Institute for Peace and Justice at the University of San Diego. According to the moderator, Scott Lewis: There is no charge for parking. You will be directed to the Lower...
