There have been more discussions lately about pursuing homes at the trustee sales. Here is an interesting chart stolen from http://effectivedemand.blogspot.com/ The percentage of homes being purchased by third-parties, rather than going back to the banks, hasĀ risen to...
Month: August 2009
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Foreclosure Mixed Bag
A video tour of mixed-bag proportions - it wasn't just subprime loans given to gardeners:
Take What You Can Get
From the latimes.com and msn.com: Hugh Hefner and his wife, Kimberley, have sold their personal residence, next to the Playboy mansion, for $18 million. It had been listed since early March at $27,995,000. The 7,300-square-foot English Manor-style house, built in...
E-Ranch Balloon
The house next door to the one featured here on Heritage (last house in video) had closed escrow in February for $850,000, and since then it looked like the ER market could be firming up, because fourĀ others closed in the mid-$800,000s: Street Sq. Ft. Sales Price Date...
Let’s Pick It Up
Thanks to the well-wishers who emailed the last couple of days, I appreciate your input, and willingness to participate!