Sorry, San Diego didn't make the list, but for those who might be thinking of leaving us, here's a link to today's story from Yahoo: http://realestate.yahoo.com/promo/7-cities-with-great-real-estate-deals You've probably heard it a million times recently: it's a...
Month: May 2010
Cheese Left After 2 Days
The State of California's tax credit amount is 5% of the sales price, or $10,000, whichever is less. Because the state thinks that not every buyer will qualify for the entire $10,000, they are only reducing the tally of available money by $5,700 per applicant, and...
Stats by Price Range
Comparing this year's SD YTD detached sales to 2005 (1/1/05-5/4/05), by price range: 2005/2010 # of sales $$/sf SP:LP DOM 0-$199 30/574 $149/$158 92%/103% 55/67 $200-$399 555/3,025 $369/$208 96/100 45/57 $400-$599 4,224/1,685 $342/$246 98/98 47/56 $600-$799 1,991/749...
Jim TV Freestylin’
Another collection of scraps from the cutting room floor - sorry, some of the clips you've already seen, and were used for filler. More car reviews, a cameo by Mr. T, beachy items, an old friend, and a few shots from around the house:
Freeway-Close
A reader asked about the under-$500,000 market. While you might think it is red-hot, all buyers are picky these days - and sellers still have to get the price right. Our latest contest features an REO listing in RP that has yet to deserve an offer:...
More Unintended Stuff
From the P-E: Foreclosed homes that went to auction in Riverside the morning of April 25 were reserved for bidders who wanted to buy their first houses and had been qualified for financing that the County of San Bernardino offers through its Neighborhood Stabilization...
Turko on Nantucket Part 2
Barratt is the owner of the lot that's designated for the low-income house. The reason it's just sitting there is because they are in bankruptcy court, which has to wrap up sooner or later. Bank of America doesn't have anything to do with the lot being highlighted,...
Tip-Toe to the Exits?
Hat tip to JimG for leaving this comment yesterday: Really can’t say if this is a one day event or will be something more but LPS, who is a outsourcer of REOs for many banks just dropped 609 REOs in California today, all from Bank of America. Guess that means BAC has...
Turko on Nantucket Part 1
Tax Credit Push – Last 2 Weeks
Here's a larger set of weekly pendings, hoping to quantify the impact of the state housing tax credit on detached sales in San Diego County. Number of New Detached Pendings April SD Co. '09/'10 NSDCC '09/'10 3-9 514/467 43/63 10-16 479/551 41/60 17-23 453/544 47/61...