Month: March 2010
CA State Tax Credit Details
Details on the 2010 California Tax Credit were released today, click here for the link to the ftb.gov website for the whole package: http://www.ftb.ca.gov/individuals/New_Home_Credit.shtml Here are the highlights: The New Home / First-Time Buyer Credits are...
Case-Shiller Thoughts (SD +0.9%)
From the L.A. Times: Karl E. Case, a professor at Wellesley College and co-creator of the index, said the improvements were a sign that the economic recovery was beginning to help consumers gain confidence. "What people are seeing in the stock market, and what people...
Turbo REO Tour
Let's keep the videos shorter - the first two seen in this Carlsbad tour were foreclosed in the last two weeks, but what will become of the remaining new homes/lots on the last street has yet to be determined:
Neg-Ams Receding
From our friends at the W-S-J: The struggling housing market appears as if it will sustain less damage than expected this year from a spike in the monthly payments on hundreds of thousands of exotic adjustable-rate mortgages. The number of such loans scheduled to...
Enough
I don't want to beat a dead horse - we know that realtors are committing fraud and deceit. Here's an example of one guy, the previous listing agent of this house, who has been inputting short-sale listings onto the MLS for the last 1+ years, with the vast majority...
Fear and Loathing Contest
This REO was assigned to me on September 10th, and just hit the open market today, listed for $414,800. Has it been going up in value the last few months? We'll see - if you feel like guessing the final sales price in the comment section, the closest will get a...
Foreclosure Drip
In order to track the bank-owned inventory trends, we have followed the same four REO agents over the last couple of years. With 7,293 properties on the NOD list, and 9,885 on the NOTS auction list in San Diego County, you'd think that the REO listing specialists...
Drive-Byes
More youtubing of the North SD County Coastal region:
Pathetic MLS
There has been a wave of deceit being perpetrated by realtors around the county - listing agents who inflict short-sale negotiator fees upon the buyers of their listings. If a listing agent needs help processing a short sale, they should pay for it, not the buyer....
