How hot has the market been lately? For the well-priced inventory, sales have been tremendous. But with the multitudes of offerees, and the way the list prices are being overbid, doesn't there seem to be ample demand to soak up at least a few more foreclosures? The...
Year: 2009
Happy Father’s Day
For those who are considering the latest in backyard improvements, here are some ideas:
Wild Stab in the Dark
Everybody is on the forecasting bandwagon these days, here's BW's crack at it: http://finance.yahoo.com/real-estate/article/107219/what-your-home-will-be-worth-in-2012.html?mod=realestate-buy An excerpt: By 2012 we may finally get back to blissful boredom. With any...
More on Shadow Inventory
shoppingaround left such a great comment that we'll call it a guest post: So, the good news (for those looking to buy a “deal”) is that this law shouldn’t stop too many foreclosures if so many banks were given exemptions. The question is how well will the banks move...
Bore-atorium
From the Union-Trib: A new, 90-day state moratorium on foreclosures went into effect this week to give homeowners more time to avoid losing their homes. But because the California Foreclosure Prevention Act exempts lenders from the moratorium if they submit...
Five Stages of Buyers’ Grief
ArtElectric commented, There is always somebody with more reach than you have. Not just more reach, but more frustration too, because they are further along in the hunt. The Five Stages of Buyers' Grief: Denial - Buyers are adamant about not overpaying. "The only...
Is This The Soft Landing?
Could enough cheerleading about housing turn into a self-fulfilling prophecy? My dear readers of bubbleinfo.com are too smart to fall for it, but there are only a couple of thousand of you. What about the rest - the ones who listen to Cramer, read promising...
Comparing This Market
Dr Beede commented: Jim, I’ve heard a lot of talk that the bottom end always leads during a housing pullback, the top end goes last and recovers first. In other words, a lot of people like to say that what’s happening now is exactly what always happens in a regular...
Barratt Fiasco
Who gets to fix this problem? Barratt owns this parcel free & clear: The City of Encinitas isn't going to let up on their low-income housing requirement, so....
Foreclosures Delayed 73%
ForeclosureRadar's report for May, 2009: https://s3.amazonaws.com/CA_Foreclosure_Report/May+2009+CA+Foreclosure+Report.pdf An excerpt: Foreclosures sales jumped 31.9 percent in May, following a 35 percent increase the prior month. Notices of Trustee Sale, which set...