The L.A. Times' Ken Harney wrote this article on the study of homeowners with good credit histories intentionally defaulting on their mortgage: http://www.latimes.com/classified/realestate/news/la-fi-harney20-2009sep20,0,2560658.story An excerpt: * Strategic defaults...
From CNNMoney.com: There was another tick-up in home prices in July, a further indication that housing markets may be stabilizing, according to a report issued Tuesday. Prices for the S&P Case-Shiller Home Price index of 20 cities rose 1.6% from a month earlier,...
Reader Susie sent in an article from msn.com called "10 things your real estate broker won't say", which first appeared on smartmoney.com as one of their regular '10 things your ________ won't say' series. Because the original only had seven comments, and msn.com's...
For those who want to take advantage of the $8,000 tax credit, time is running out - unless of course, it gets extended.......which doesn't appear to be a slam dunk, because of that pesky little problem of having to pay for it too. Should the tax credit not get...
Hat tip to Rick for passing this along: http://www.politico.com/news/stories/0909/27448.html An excerpt: By the end of this month, Senate Environment and Public Works Committee Chairwoman Barbara Boxer (D-Calif.) is expected to unveil new legislation along the lines...
We've featured some of the architecturally-significant homes around the southland, here's an article from the latimes.com about how they are selling these days: http://www.latimes.com/news/nationworld/nation/la-fi-architect-homes27-2009sep27,0,5878820,full.story An...
Hat tip to stephen for sending this over, from zero hedge - check the comments at this link too: http://www.zerohedge.com/article/what%E2%80%99s-your-home-worth This is a vexing question for millions of Americans. There was a time when most people had a reasonably...
Reader Jeff P. noted the MERS case that was outlined in detail at drhousingbubble yesterday: http://www.doctorhousingbubble.com/mortgage-electronic-registration-systems-mers-a-system-designed-to-create-the-mortgage-back-security-bubble/ The link has comments at the...
Barratt is making its way through the liqidation process, though this is only their office gear:...
Today's home buyers want bang-for-the-buck, and don't want to compromise. This new-home tract in Carlsbad is feeling it - three houses sold over $1 million this past weekend, while six others are sitting unsold from $769,000 to the low-$800,000s: (This was taped last...
