A reader asked the other day about listings being excluded from the internet. Schahrzad has the story: http://www.californiahousingforecast.com/commentary/2009/7/16/10-of-listings-are-missing-on-internet-search-sites.html San Diego listing agents now have to choose...
Year: 2009
Fallbrook Modular
Here's the youtube video on the Fallbrook REO. Turns out that this house has been vacant for months, which happens more often than I would expect - not everyone is working the free-rent program. List price is undetermined at this point, but it'll need to be sharp,...
Ka-Blooey
I guess this little gimmick didn't work out as planned. They listed today for $599,900:
Lingering….
These owners bought this Bressi Ranch home new for $1,109,000 in July 2005, financed 90%, and refinanced three times since. I'm fairly certain that this is the seller that called in mid-2007 asking about an offer-to-purchase that was presented to her by a certain...
Just Got Back
We've been on the road the last few days, but back in the saddle now. While gone, Wifey and I were discussing comments left last week about doing more videos. I appreciate the encouragement, because the videos are my favorite part of the blog. They bring an instant...
Drop in State Budget’s Bucket
The State of California needs to do what regular people do - when you're in trouble, sell assets to generate cash. from sddt.com The city of Del Mar is considering a bid to buy the Del Mar Fairgrounds so that coastal property can remain in the public domain. The Del...
King of Pala
A couple more REO listings came my way from Bank of America. They sent me a new 4,000sf one-story house on 4 acres in a gated community in Pala, whose zip code was marked incorrectly, it was listed as Oceanside's 92054, when it was really 92059. The builder had it...
REO Listings on the Rise?
Still looking for signs of the foreclosure tsunami beginning - now that the MLS requires that REOs be marked clearly, it'll be easier to track. Here are the number of new detached REO listings, per week in San Diego County: Recent Week New REOs # Already Marked...
Where Do They Come From?
Bizzle wondered about the all-cash buyers. Did they cash out at the top, and have been patiently bubble-sitting? Out-of-towners? Generational money shift (inheritance, before or after death)? or move-up or down? In the previous post, some of the examples were marked...
Same-House Sales
Here are some same-house sales in Carlsbad, Encinitas, and Carmel Valley: 4120 Skyline, Carlsbad 92008 3 br/2 ba, 1,725sf YB: 1958 SP: $1,410,000 11/06 SP: $1,130,000 6/09 MT: 439 days This is the house on the splittable 0.72-acre lot on the corner of Tamarack and...