Month: August 2009
U.S. Real Estate & China
Hat tip to HB John for alerting us to the story on Ben's Blog about the Chinese investors in America buying up U.S. real estate: http://thehousingbubbleblog.com/?p=5602 It is just one story, but it talks about Chinese buying U.S. REITs, and also sending their...
More on Flipper Story
Some depth to our story - even when making all-cash offers, it's not easy:
No Big Whoop
from Rueters: Prices of U.S. single-family homes rose for the second consecutive month in June, adding to evidence that the three-year housing slump is easing, Standard & Poor's reported on Tuesday. The S&P/Case-Shiller composite indexes of 10 and 20...
Our Flippers, Part 1
In April, 2009, the ABC News Nightline show followed as we looked at buying some fixers in Oceanside (links are in the right column under REAL ESTATE VIDEOS). Here is a follow-up:
July Y-O-Y
Thanks to IW for sending along this link to Barry's coverage of NAR statistics: Link to The Big Picture Blog post poking holes in NAR stats I don't give a hoot about NAR statistics either, because all that matters is your local market. Let's look at the...
Frank Zappa Effect
More foreclosures in the higher-end market: Thats right, folks.. Dont touch that dial Well, I am the slime from your video Oozin along on your livinroom floor I am the slime from your video Cant stop the slime, people, lookit me go
More Tax Credit?
From the WP Writers Group via the U-T: http://www3.signonsandiego.com/stories/2009/aug/23/8000-tax-credit-first-time-buyers-set-expire-nov-3/?uniontrib Here's a quick overview: Though Congress technically is on its summer break, most members of the Senate and House...
More on Down Payments
From today's U-T on the underwatered: http://www3.signonsandiego.com/stories/2009/aug/22/8216underwater8217-households-resurfacing-it-depen/?business&zIndex=153576 In the meantime, many owners refinanced when interest rates hit historic lows earlier this year, and...
What Do You Believe Anymore?
We've been hearing about how the real estate market has hit bottom from a variety of sources, this today from the White House: WASHINGTON (Reuters) - The U.S. housing market appears to be bottoming out, White House spokesman Robert Gibbs said on Friday after an...
