The lower-end of each micro-market throughout San Diego County has been red hot lately. Virtually every decent house under $400,000 is being deluged with buyers, probably in hopes of cashing in on the $8,000 tax credit before the end of November. Our flipper's luck...
(Covenant in orange on map, click twice) Smithers wanted to know more about the whopping 25 detached closings in RSF over the summer. There was a late-reported #26, but upon further examination one of the 25 was in Cielo, but an Escondido zip and school district, so...
An impassioned plea to the good-looking and powerful employees at BofA in charge of assigning the REOs - can you please send me an occasional coastal McMansion please?
There will be some late-reporting, but the sales already look decent compared to last year - 13 out of 23 areas had an increase in detached sales, and all but one zip had prices decline - which we agree is a good thing too. If there were more REOs to sell, the numbers...
More ancient history on your host, and some of the reasons why I feel comfortable in La Jolla - it's where we lived and worked in the late 1980s. The JtR Story, Part 3:
