From the U-T: WASHINGTON -- With the Obama administration and private lenders now actively considering mortgage principal-reduction programs to help financially distressed homeowners, the Internal Revenue Service has issued a new advisory to taxpayers who receive --...
Month: March 2010
SD Foreclosure Count
Mary asked, "How many SD foreclosures have there been over the last three years?" Trustee Sales 2007 2008 2009 2010 REO 7,859 (22/day) 17,894 (49/day) 11,760 (32/day) 2,097 (30/day) 3rd Party 399 (1/day) 593 (2/day) 2,749 (8/day) 865 (12/day) Totals 8,258 (23/day)...
Historic Home Tour
The 7th Annual SOHO Historic Home Tour is next Sunday, March 21st. Enjoy a self-guided tour of six Arts & Crafts homes, designed by Irving J. Gill, William S. Hebbard, Frank Mead and Richard Requa between 1904 and 1913. My Mom is going to be here next weekend,...
Modular Upscale
From the U-T: When Cliff Hanna and his wife, Lana Le, bought a dream lot overlooking Torrey Pines State Reserve, they hired an architect to design a dream home to match. The trouble was that the price tag came out at $2 million. “The cost was way too much to build,”...
$1,000/sf Club
Photos of the houses, in the order of how they appear: Luneta 4th, on the front 4th, one-back 4th condo Oceanside
RSF vs. The Rest
Feel like spending around $1.3 million or so? Here's what it'll get you in the Convenant of Rancho Santa Fe:
Fake Fronts
Hat tip to Rick the Tuna! With 140 empty shops in the borough, council bosses think they have come up with a unique way of ensuring shopping areas remain as vibrant as possible. The first empty shop unit to be given a makeover with a "flat pack" shop front is in...
Freeway Traffic Report
A view of the eastbound 56 freeway, then turn north on I-5 at 5:30 in the afternoon:
$1 Million-Plus Club
Just the fact that so many more higher-end sales are closing these days is noteworthy, the NSD County Coastal sales of detached $1,000,000+ homes have increased 55% on a year-over-year comparison (and if you take out La Jolla, the others increased a total of 79%!)...
Steady As She Goes
It looks like servicers are coasting into the HAFA/short-sale era, which officially begins April 5th. Here are the foreclosure stats from the last 12 weeks: My guess? The HAFA package will encourage borrowers to pick a lane - either loan modification or short-sale. ...