From Peter Y. Hong: In Southern California, sales are brisk for homes priced near or below the current $265,000 median. The majority of those homes are foreclosures, so prices are often low enough to draw multiple offers from potential buyers. Richard Toscano, who in...
Month: August 2009
Kitchen Held Hostage
Hat tip to Chris for sending this along: LINK TO ACTUAL CRAIGSLIST AD
Chargers Contest Review
Thanks everyone for participating in the contest for Chargers playoff tickets! Here are the finalists for best explanation, and winner of four Padres tickets vs. Cardinals: #4, from JK: Positives 1) Fannie Mae loans will still be available 2) Stimulus money will...
Measured in Millions
You gotta feel for the guy in the second clip:
Friday-ness
A brief video collage for a Friday afternoon:
My Money’s Worth
I took part in the North SD County Association of Realtors meeting this morning, entitled: "How Your Brokerage Can Survive in Today's Economy" It was at Jake's Del Mar and included a free breakfast, so I thought I'd participate for once, to see if there was any hope. ...
2xREO
We knew there would be double REOs - houses that get foreclosed back-to-back. 2612 La Gran Via, Carlsbad 4 br/3 ba, 3,834sf $1,100,000 12/05 refi mortgages $961,006 11/06 Trustee sale O-bid, REO $876,000 5/07 SP $733,146 8/09 Trustee sale O-bid, REO $778,000 8/09...
Alternative Energy/Opportunity
Campo and Jacumba are remote, but could there be some investment opportunity? Houses are $50,000 to $200,000, or you could buy this 445 acres suitable for a wind farm for just $1.3 million >>>>>>>>> San Diego Gas & Electric has...
More CV Heat
Last week we saw that the newer 2,700 square-footers in Carmel Valley were a hot commodity, and holding steady in the $800,000s. What do you get for less? Here's a youtube video of three houses, two that just went pending, and one that closed, in the $600,000 to...
Chargers Contest
From our friends at housingtracker.net: http://www.housingtracker.net/asking-prices/san-diego-california In August 2007 there were over 20,000 homes for sale, and today there are 11,457: ...