Any house west of the I-5 freeway in our prime North SD County Coastal region, priced within range of Fannie/Freddie/FHA financing, is likely to find a large audience. Here's an example: The first minute of this video was taken yesterday during our usual broker open...
A variety of data packages get dropped in my lap from time to time, an excerpt from the latest: First, we got the existing home sales data for February and they edged down again, by 0.6% MoM, and "no" — it was not due to the blizzards (sales actually rose in the...
The remains of the former Barratt American tract in Carlsbad has closed escrow. Bank of America had foreclosed on their $7,812,000 mortgage in December, 2008, and they put the whole package of six houses and five lots on the market in May, 2009. Click here for...
Thanks to Mark for sending along this confirmation of first-time home buyers being able to claim both the federal and state tax credits, from the WSJ: But, it might not get off to a peaceful start on May 1: Get ready for a stampede early on as some buyers rush to...
Eric at the North County Times was asking last week about the direction of pricing. I was the last to be interviewed that day, and it sounded like all the other realtors thought we'd see a slightly upward trend from now on. He was taken aback when I disagreed, and...
(editor's note - I inputted this before noon and forgot to press send!) Bank of America's announcement (link here): Bank of America will on Wednesday announce plans to start forgiving mortgage loan principal for troubled homeowners who owe more than 120 percent of...
Osidebuyer asked about the under-$500,000 market, how hot is it? Here are the SD County detached stats from the MLS for January 1 to March 23 (TNL = Total New Listings): Under $500K 2009 2010 diff TNL 5,352 5,215 -3% LP $/sf $192/sf $217/sf +13% Sales 3,367 2,589 -23%...
First Arnie signs in $200 million more free cheese, now this. Although when I receive unsolicited emails I never know for sure how to verify them, so I'll call this a rumor - but very believeable: Jim, I was just at a conference in NY and they said that the Treasury...
From the latimes.com Sacramento — After weeks of bickering over how to cut the deficit-ridden budget, Gov. Arnold Schwarzenegger and lawmakers agreed Monday to trim $1.1 billion from mass transit but give new tax breaks to home buyers and green-technology companies....
This is the second half of the 'luz tour, covering the western side. At the end of the video there is mention of a flipper who just paid $1,430,500 at the trustee sale on January 13th, and then closed escrow with the new buyer on February 26th for $2,175,000 cash. If...
