We've featured some of the architecturally-significant homes around the southland, here's an article from the latimes.com about how they are selling these days: http://www.latimes.com/news/nationworld/nation/la-fi-architect-homes27-2009sep27,0,5878820,full.story An...
Year: 2009
House Value = 15 x Ann. Rent
Hat tip to stephen for sending this over, from zero hedge - check the comments at this link too: http://www.zerohedge.com/article/what%E2%80%99s-your-home-worth This is a vexing question for millions of Americans. There was a time when most people had a reasonably...
Water’s Rising
Reader Jeff P. noted the MERS case that was outlined in detail at drhousingbubble yesterday: http://www.doctorhousingbubble.com/mortgage-electronic-registration-systems-mers-a-system-designed-to-create-the-mortgage-back-security-bubble/ The link has comments at the...
Barratt Auction
Barratt is making its way through the liqidation process, though this is only their office gear:...
Carlsbad New Tract Homes
Today's home buyers want bang-for-the-buck, and don't want to compromise. This new-home tract in Carlsbad is feeling it - three houses sold over $1 million this past weekend, while six others are sitting unsold from $769,000 to the low-$800,000s: (This was taped last...
Poll Results: Trickle vs. Flood
The poll results ran about 3 to 1 in favor of trickle, but I think we can agree that a flood is certainly possible. All it would take is: 1. Citizens revolt, resulting in a political uprising that turns off the backstop, or 2. One of the servicers who also owns a...
FHA Update from NAR
While this video has some interesting information about FHA, I was more entertained by the people involved, the backdrop, and the overall addiction to hype. Note her voice-over at 1:37: Their downloading isn't the greatest either.
La Jolla #1
The 2009 Coldwell Banker Home Price Comparison Index (HPCI) found a price gap of more than $2 million between the most expensive and affordable U.S. markets. In the annual comparison of similar 2,200-square foot homes in 310 U.S. markets, La Jolla, Calif., led the...
Poll: Will There Be A Flood?
CR is covering the news better than ever, but for those who may have missed this week's latest reports on the so-called 'shadow inventory', here are two articles (hat tip to MM for sending both!) http://online.wsj.com/article/SB125366552480532521.html...
Bridle Ridge
More new product in the Carmel Valley, 92130 market: