What do you do with this REO in the Ranch? Remodel? Tear down and build a monster? For people who just want to get into the Covenant at a lower price, this might be a viable option just the way it stands:
REO in the Ranch
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Year: 2009
City of Carlsbad Strikes Again?
Somebody was already happy to post this in the youtube comments: Your video on the Bluewater Crossing project is very uniformed. First, Trammell Crow didn't design the project, another developer did. The ultimate doomed project was the collaboration of a Planning...
Frenzy Summary
It has been a wild 6-7 months - ever since March when mortgage rates dropped under 5%, the buyers have been very active. Many here thought that worsening economic news would temper buyer enthusiasm, but lately it's ramped up instead. Why? In our first installment we...
Frenzy Explanation #4
What's the common denominator amongst today's buyers?
Frenzy Explanation #3
The bidding wars are intensely competitive, and without laws or regulations - anything goes! It is pretty impressive how many buyers are hanging in the fight, and willing to bid higher than list-price. Nobody likes it, but the multiple frustrations along the way make...
Hiring JtR
duncbdunc left this comment a couple of posts back: "By the way, there is something that I’ve wanted to mention to you for a while and since this is an old thread that nobody’s looking at anymore, perhaps this is a good time to pipe in." "Many of my friends,...
Frenzy 2B
3clicks wrote: "While I embrace the Internet for many reason, It would be used by some as another way to disguise the snake oil." Agreed, but once every listing has a video it will cut down the deceit. Videos should be mandatory, and they'd especially help the...
Frenzy Explanation #2
The internet has magnified our quest for instant gratification. In real estate, the internet helps to stir up a frenzy by allowing a potential home buyer to search for an attractive property - and when they see a hot one, they'll look into it. But by the time they...
Frenzy Explanation #1
George asked for an explanation of the frenzy-like conditions we've been seeing lately. How do you explain it? Lower prices are the #1 contributor, and in Carmel Valley that means roughly 20% off peak pricing. Buyers are tired of waiting, and if the deal is seems...
Prop Tax Revenues
from sddt.com There are five cities in San Diego County that experienced an increase in property tax revenues in the fiscal year ending in June 2009 despite the county’s assessed value being down 2.3 percent overall. Del Mar, Coronado, Solana Beach, Poway and...
