Year: 2009

Head-Scratcher

This video was shot in mid-April about a red-hot 2,724sf Carmel Valley listing, priced at $765,000. The agent had a ton of interest, and raised the price twice, first to $778,000 and then to $798,000, and he had three offers over $800,000 immediately. End result? The...

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FLW’s Ennis House

Bubbleinfo.com readers took kindly to Kwaping's idea that we include significant homes for sale, so here's another: From the L.A. Times: The Frank Lloyd Wright-designed Ennis House in Los Feliz has landed on the Multiple Listing Service at $15 million. The 1924...

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Not Much News Yet

Media sources are hoping to get the jump on the foreclosure tsunami: http://www.latimes.com/business/la-fi-foreclosure4-2009jul04,0,5145254.story Sales of foreclosed houses soared last year as investors and first-time home buyers swarmed over what were considered...

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Happy 75th Birthday Mom!

July 4th is my mother's 75th birthday - HAPPY BIRTHDAY MA! I'm sure she's proud today - from espn.com: http://sports.espn.go.com/mlb/photos?gameId=290703125 Friday night's Dodgers vs. Padres game, and the return of Manny Ramirez after serving a 50-game suspension for...

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Fraud-Mania

On our regular blog watch is the Mortgage Fraud Blog: http://www.mortgagefraudblog.com/index.php/ She added this whopper on Beazer Homes settling for $10 million now, and up to $50 million eventually to compensate for these illegal activities: Beazer, and its...

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2Q09 Contest Preview

On July 23rd we're going to determine the winner of the latest contest to guess the number of 2Q09 detached sales, but here's a preview. As of this morning, the MLS is reporting 5,683 detached closings for 2Q09, at $223.19/sf. There is typically about 10% more added...

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