Are there a bulk of bank-owneds that are being held off the market? A review of the tax rolls looking for detached homes owned by Countrywide, Cwabs, Bank of America, Bank of New York, US Bank, Deutsche Bank, Wells Fargo, Downey, and First Franklin found that there...
Congratulations Laker fans! Game 5 summary: http://www.youtube.com/watch?v=dq3WtDxqFKA
You be the judge - is there an appetite for an 850sf bungalow at close to $1,000-per-sf on La Mesa, which is a couple of blocks from the cliff? Just listed for $840,000 - and on a 3,920sf lot!
It was mentioned that bubbleinfo never makes it to Escondido - why? It's the wild, wild west! But if it's good enough for the Governator (who was there Friday) then let's give Esco a moment. We can call Escondido's real estate market...um...."diverse". In...
From the U-T: A $100 million new-home state tax credit is likely to be exhausted within days, prompting builders to press legislators to add $200 million to the kitty. Valued at up to $10,000 per buyer, the credit was passed in March as a way to clear out unsold...
You could make a case on both sides of the rental market. On one hand: you could say that buying a home is still an expensive proposition, and the uncertainty ahead would keep the tenant pool brimming. On the other hand: current tenants may be buying homes to live in,...
There were a couple of panel discussion this week, one at USD, and the other sponsored by USC. USD's Mid-Year Economic Update provided some rather revealing scientific quotes: “When the history is written, historians and economists will decide Wiley Coyote was really...
What a difference three years makes: This owner had to be anticipating that the finished homes would sell for $1 million-plus.
The second quarter is wrapping up quick, so a great chance to win! Guess the number of detached sales in San Diego for 2Q09. For the tie-breaker, take a stab at the average $$-per-sf too. Here are the stats from the last few years: Year # of Sales $$/sf 2000 6,620...
Business Week had this article in April entitled "Good News: Option ARMs Resets Delayed", which included the latest Credit Suisse chart on recasting neg-ams: http://www.businessweek.com/lifestyle/content/apr2009/bw20090416_103126.htm Dr. Housing...
