Kelly did a follow-up to the downtown-condo debacle known as 'Vantage Point': http://www.voiceofsandiego.org/articles/2009/06/24/survival/216vp062309.txt They are breaking up the 679-unit condo into six pieces, some for sale, and some for rent. An excerpt:...
Piggington has featured our friends at Effective Demand, and their recent post about loan mods: http://effectivedemand.blogspot.com/2009/06/california-loan-modifications-update.html It's an update from the California DofC about who's getting what when it comes to...
from the WSJ: By 2006, Lennar decided that the good times were nearing an end for the housing industry. That summer, Lennar began to cut home prices to boost sales and generate cash in preparation for a downturn. Lennar also looked for ways to jettison land. Lennar...
Who cares about all the hoopla about listings flying into escrow - ARE THEY CLOSING? Here's the graph of weekly sales of detached homes from La Jolla to Carlsbad - the most recent three years are in bold, with three previous years included with thin lines for flavor:...
From George C. Existing homes sales rose by 2.4 percent in May, posting the first back-to-back gain in sales since September 2005. That's the word this morning from the National Association of Realtors. The group says favorable affordability conditions have buyers...
One of the biggest benefits of more REOs coming on the market would hopefully be to send a message to those sellers who think that they can beat the odds. This house on Rawl in Solana Beach typifies the optimism, and whose sales history is a great snapshot of the...
How hot has the market been lately? For the well-priced inventory, sales have been tremendous. But with the multitudes of offerees, and the way the list prices are being overbid, doesn't there seem to be ample demand to soak up at least a few more foreclosures? The...
For those who are considering the latest in backyard improvements, here are some ideas:
Everybody is on the forecasting bandwagon these days, here's BW's crack at it: http://finance.yahoo.com/real-estate/article/107219/what-your-home-will-be-worth-in-2012.html?mod=realestate-buy An excerpt: By 2012 we may finally get back to blissful boredom. With any...
shoppingaround left such a great comment that we'll call it a guest post: So, the good news (for those looking to buy a “deal”) is that this law shouldn’t stop too many foreclosures if so many banks were given exemptions. The question is how well will the banks move...
