CA renter and I saw this new listing hit the market at about the same time yesterday, and had the same reaction - you gotta be kidding! http://www.sdlookup.com/MLS-090037885-3302_Azahar_Carlsbad_CA_92009 It's a 34-year old house with no upgrades on an 11,000sf lot in...
from sddt.com: Foreclosures in San Diego County reached their highest monthly totals since September 2008, while notices of default spiked after two months of decline. June’s 3,715 notices of default were the second highest total for a single month on record. The...
An update on mortgage rates - they are staying in a tolerable range, so far. The 30-year fixed-rate mortgage averaged 5.32% for the week ended Thursday, down from last week's 5.42% average and 6.35% a year ago. Bank of America's 30-year jumbo fixed rate today was...
On our regular blog watch is the Mortgage Fraud Blog: http://www.mortgagefraudblog.com/index.php/ She added this whopper on Beazer Homes settling for $10 million now, and up to $50 million eventually to compensate for these illegal activities: Beazer, and its...
On July 23rd we're going to determine the winner of the latest contest to guess the number of 2Q09 detached sales, but here's a preview. As of this morning, the MLS is reporting 5,683 detached closings for 2Q09, at $223.19/sf. There is typically about 10% more added...
Just based on price alone, this new REO listing on Newcastle in Cardiff will get a lot of interest - I had to wait for two others groups to clear out before shooting this youtube tour: Some of 92007 extends east of the I-5, but to me that was always suburban Baja...
Kelly is on the beat: http://www.voiceofsandiego.org/articles/2009/07/01/survival/199obama070109.txt An excerpt: The plan announced in February was initially offered to homeowners whose mortgages were worth 105 percent of their homes' current value. Now the option to...
I could see this in Palmdale, or maybe Victorville.......but could it happen here? An update on Flint, MI: http://www.washingtonpost.com/wp-dyn/content/article/2009/06/20/AR2009062000956.html An excerpt: Then he looks at what's left of the neighborhood - blocks lined...
The Wall Street Journal ran the story yesterday about the San Diego MLS sending in the wrong sales data to C.A.R. for the last year. I don't know what's funnier; that Sandicor never checks their own work, or that apparently no one in the western world cares enough...
