Will there be a bigger exodus from the more-affluent neighborhoods now that the real estate market has tanked? Will the heirs of the estates be liquidating, instead of moving in like they planned, in order to fund health care - or their old lifestyle left over from...
From the insider: The housing market will experience a tepid recovery in 2010 but continue to ail for the next couple of years, according to Zelman & Associates. “Most economists are more optimistic than I am,” noted Ivy Zelman, CEO, of the research analytics...
When the public sees a story like this, they think that all is good, and getting better, from the U-T: San Diego County had fewer mortgage defaults and foreclosures in the second quarter than it has had in the past three years, according to a report released today by...
The foreclosure tours are winding down - I'm glad I didn't get a bus!
Hat tip to shadash for sending this along, a story about the Mark condo overlooking Petco Park: Developer Norman Radow expected some thanks in April when he offered to repay a $35 million defaulted loan on a 32-story San Diego condominium project he had taken over,...
Nick at the Wall Street Journal has captured the current market conditions, and adds some anecdotal evidence to the The Big Cancellation coming later when sellers give up, rather than lower their price - here's an excerpt: Reports should show that completed...
The detached sales in North SD County Coastal has been slowing down the last couple of weeks. The recent solds had looked promising, with 251 detached homes closed last month, which was a 24% increase over the 202 that closed in June, 2009. But the new pendings are...
This is the second part of the examination of low comps that go under-reported, leaving future buyers and agents to wonder what happened. Tread very carefully, with little or no information about the details of lower sales, the future buyers are likely to want...
The astute observers can pick out the suspicious deals from a mile away. But how do they play into the decision-making on the street? How can you capitalize on the extra knowledge? If there was an area that had a bad comp but had more good comps and was generally...
