This guy has been tempering his remarks the last couple of years, but he cuts loose today with one of the more irresponsible comments heard in quite a while - from the latimes.com: "The stimulus has worked," said Rick Hoffman, president of Coldwell Banker Residential...
Month: April 2010
Last Day of Fed Cheese
To qualify for the $8,000 federal tax credit, buyers have to secure a "binding" contract by the end of today, and close escrow prior to June 30th. Has there been a mad rush over the last week to lock down a contract? Yes, buyers are looking feverishly, but it...
Car Research
I appreciate all the car support from readers! I've been doing my own research project too, see the youtube review below. But in the video I screwed up - I was blabbing about the '69 Camaro Indy 500 Pace Car model and by mistake called it a California Special, a real...
Reliability and Comfort
The plan for the Big Daddy Caddy unraveled:
Carmel Valley Sales
A listing agent in Carmel Valley said the other day, in response to an offer that was 5% under the bottom of his price range on a listing that was 53 days on market: "CV is buzzing. The summer is warm and real estate is on. The gold rush is here again man, I suggest...
Self-Fulfilling Prophecy?
As we saw in the last video, people are out buying houses! Are they reading articles like this one today in the U-T and figuring now's the time? San Diego County’s housing market was the strongest in the nation in February, the widely watched Standard &...
Carlsbad Price Check
I think you can still rely on the same markers we've used over the last year: You did pretty good these days if you bought a quality house in Carlsbad for around $250/sf, and in Carmel Valley for $300/sf. Today's averages for April, 2010 detached closings are $285/sf...
Dank
Tango Uniform
Things didn't quite turn out for the builder of that last RSF estate. Here are the others they built - all four pictured here were foreclosed: http://www.kachay.com/luxury_custom_homes/for_sale.htm Still trying to figure out the goalpost-thingy!
How They Financed
Are the govies carrying the market? Here's how detached-home buyers have financed their purchase over the last 30 days: Fin. Type SD County Percent NSDCC Percent Conv 702 46% 135 67% Cash 278 18% 49 24% FHA 386 26% 15 8% VA 145 10% 3 1% Total 1,511 100% 202 100% San...