It's a busy day today so here's a sampling from the "best of" series, the most-viewed video in the collection - over 20,000 views! This was filmed in December, 2008 when it listed for $579,000 - it eventually closed for $485,000 in April, 2009. Since then there has...
This video was shot a couple of weeks ago in North Solana Beach, down by the tracks between Rios and Cedros. The listing hit the MLS yesterday, priced at $899,900 on a street where expectations are much higher - the other three active listings are all over $2...
From CR, here is the summary of what's on the table: Income eligibility for first-time home buyers stays at $75,000 for individuals, and $150,000 for couples. For move-up buyers, income eligibility is $125,000 for individuals and $250,000 for couples. There is a...
Though I get the feeling that the market is cooling down, the good buys are still in demand. This one in ER listed ridiculously low at $989,000, when you consider that the last two similar REOs on the golf course both listed for over $1.2 million, and one already...
What about those former 'homeowners' who suffered a hardship - when will they be able to get a mortgage again? How long do you have to wait before being eligble for a new Fannie Mae mortgage? If the borrower has 'extenuating circumstances', then these time periods...
In this hyped-up headline-grabbing world in which we live, those who just glean the headlines will think the real estate market is back in order. This from Reuters: U.S. home prices in August rose for the fourth straight month, surpassing forecasts and providing the...
Looking to expand your choices? Consider buying a fixer! They always cost more than you think, and the aggravation is worse than expected, but doing a few repairs or remodeling may be a way to turn a sow's ear into a silk purse! Check out these three OSHA rejects:...
Shadash has some ideas on why, but it is puzzling. Why are San Diego prices 'sticky', compared to other areas that have seen more rapid depreciation, like Phoenix? Clearfund said that he thinks Phoenix has bottomed, and Vegas is close, but fears that there is more...
If you were a lender or mortgage servicer, you'd be thinking about adjusting your "liquidation strategies" right about now. The foreclosure moratoriums provided some delay of the inevitable, but ultimately were good for nothing. Thankfully, you don't hear anybody...
The REO in the village of Carlsbad finally listed today. The list price? $601,900. I mentioned that my BPO was $599,900, but the video must have been powerful. Of the record 92 guesses, only 19 were under $600,000, and 20 were OVER $700,000! I appreciate the...
