I hate these general nationwide articles, but the graph was pretty - plus I figure that Ronald McMansion was biting his tongue on this one, from WSJ.com: http://online.wsj.com/article/SB125530360128479161.html An excerpt: Foreclosures are rising in more expensive...
Take a ride around town on the "Euphoria Express", and see how some recent REO listings have been selling:
Here's one more 16-page report on shadow inventory, with many charts and graphs: http://matrix.millersamuel.com/wp-content/3q09/Amherst%20Mortgage%20Insight%2009232009.pdf An excerpt: The single largest impediment to a recovery in the housing market is the large...
When the big bombers start falling from above, it can't help but squish everything below. This Pulte tract house in La Costa Greens sold for around $1.3 million in 2005:
Let's rely on the numbers to tell us more about the current market activity, and use the comparison of actives-to-pendings help guide us to see what buyers think of current list prices. Let's break SD North County Coastal into two groups: NW GROUP = Oceanside, Vista,...
From Reuters: http://www.reuters.com/article/newsOne/idUSTRE5980M520091009 WASHINGTON (Reuters) - Government programs to fight the U.S. home foreclosure crisis look increasingly inadequate and should be reworked, expanded and supplemented with new ideas, a...
Carlsbad Renter was the one who said this blog was turning into an informercial, and expanded on that thought earlier today (under 'Hot All Over'): Please don’t take my post above (or this one) personally, like I said I am not the most eloquent blog poster. I’m just...
The comment section is on fire with discussion about buying real estate - thanks for participating! Those of us who are reaching old age are feeling it - how much time is left? How much does your AGE play into your decision? Are those who are 50+ years old (like me)...
From today's U-T (thanks Kwaping!): http://www3.signonsandiego.com/stories/2009/oct/07/regions-commercial-real-estate-vacancies-foster-em/?business&zIndex=178474 An excerpt: San Diego's office market reached the 20 percent vacancy rate for the first time in 16...
It is very frustrating these days for buyers trying to make a sensible decision - the lower-end of every market has been hot, and multiple offers are the norm. Just because the market is hot now doesn't mean it will last, so let's keep a close eye on it to see where...
