Wachovia foreclosed April 1st on this 4,158 sf house with a full copper roof on a third-acre lot, and it's already on the market. Chase foreclosed on a different one in Carlsbad last week that the owner had been trying to loan mod/short sell, so I guess the moratorium...
Month: May 2009
Foreclosure Counts
Mozart commented this morning: "Like it or not, things are getting better. Home prices and incomes are balanced. Things are still tough but stability is great news. Extremely well qualified buyers are now the norm." "We’ll piddle along for the rest of the year....
More Babble
From sddt.com San Diego, like many metropolitan areas, has been slammed by the housing market's decline. But if reports are right, the area may have already bottomed out at a much more affordable levels. This assessment was made during the UCLA Anderson Forecast...
Sorting The Potential ‘Deals’
For home buyers who don't mind paying retail, I have good news for you. There is no shortage of retail-priced listings, there are plenty of choices! With anticipation of a foreclosure cascade to begin next month, most buyers are reluctant to buy anything today,...
Big Money
Yesterday we were discussing those high-end buyers - here's a tour of the Del Mar beach area where the highest sale in county history ($48,150,000) happened in May, 2007. Buyers of the first and third houses shown paid all-cash, and house #2 had a $10,000,000 down...
Award-Winner!
Under $100,000!
Save the columns!
“Train-Tracks” Contest Winner!
The "Train-Tracks" contest concluded yesterday. Four tickets to a Padres game go out to 'Bella', for guessing the exact selling price of $599,000! Here were the guesses: $349,000 Paid off homeowner $362,000 Freedom CM $385,000 shoppingaround $399,000 chrisg $405,000...
More on Divergence
A hearty THANK YOU goes out to Rob Dawg for minding the store this week. A spirited discussion throughout, with 185 comments left! The most intriguing was the last post, where he noted - like Rich did - the divergence between average list and sold pricing on a...
Divergence
This is the Redfin graph of sold $/sf vs list $/sf for San Diego. For some reason the two lines are no longer tracking. Can anyone help me figure this out? [Click for a clearer picture.]