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:
Year: 2009
How Hot Is It?
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,...
Govt Programs Working?
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...
Back to Normal Fare
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...
Is Age A Factor?
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)...
SD CRE Vacancy Record
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...
Hot All Over
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...
Carlsbad REO Contest
The REO on Buena Vista hasn't hit the open market yet, but should be soon. Take a guess at what it'll sell for in the comment section - here's a youtube tour:
Housing Tax Credit to Pass?
Hat tip to Pigpen sent along this clip from abcnews, via zerohedge; go to -9:50 mark where the senators are discussing the housing tax credit. If this is any indication, it's looks like an extension of the credit is going to happen:...
Open Letter To Ronald
I finally had had enough of Ronald McMansion yesterday, and objected to his carpet bombing of this blog with pure negativity. You can count on Ron to re-post the same bad news you read on the other blogs, eliciting comments from wifey such as, "Oh, it's him again",...