In today's Union-Tribune they quote nine different people about the real estate market, and the reports are remarkably similar. Let's give them some credit, at least they are getting closer to the truth - the lower end is hot, and the higher end is not: San Diego...
We have nine offers in on Dixon, and the seller/bank countered for their highest and best offer. Later today we should have a winner somewhere in the mid-$300,000s. One of the offers is $367,500 VA, and they're asking for a 3% credit for closing costs, and another...
The foreclosure carnage in Chula Vista has been well-documented. The McMillin-built tracts on the east side of town have been hammered, but hey, there's nothing price won't fix! There are 49 houses on Blairwood Avenue, and 8 of them have been in foreclosure recently....
Let's review on some of the more-interesting closings this month: 5167 Los Robles, Carlsbad 2 br/2 ba, 1,468sf LP: $875,000 10/19/08 SP: $696,000 4/1/09 YB: 1952 DOM: 95 This is the impeccably-maintained but all-original beach bungalow in Terramar. The listing...
Kelly and Will's story on NBC! Here's the link to their story: Kelly's story
For those who missed the conversation Rich had on KPBS regarding the San Diego real estate market, here it is: http://www.kpbs.org/mp3?file=/media/assets/AUDIO/These-Days/2009/04/090411-tds-1A-RealEstate.mp3 (hat tip Carmelgirl!)
Wondering what the FDIC is doing with all the incoming assets? You'll see that it doesn't take a billion dollars to participate, they have sold several bulks under $1,000,000. Here's the link to their bulk sales: http://www2.fdic.gov/closedsales/LoanSales.asp...
The Somali pirate story bumped us off tonight's Nightline show, and no other date has been determined. It happened like this with the L.A. Times story too, and was drawn out for weeks. Rather than do the start-stop thing with you, I'll just post a link to it once...
If everything goes right, the show is going to run tonight, April 13th: Here's a link to our correspondent's biography: Link To Vicki's Bio
