Remember this house tour in May? We have some answers now - hat tip to Mt. T and GW for sending this along, from the U-T: Federal authorities unsealed a complaint Friday against a dozen people accused of running a marijuana distribution ring that grew the drug in a...
A typical newer tract in Carmel Valley, 92130. Even though there was some sentiment that these could be slipping in price (two sales in January were $815,000 and $825,000), partly because they are so similar - most are 2,600sf to 2,800sf - and hard to differentiate...
They think that they have us right where they want us, making us believe that foreclosures will be flooding the streets any minute. When it doesn't happen, they expect frustration and anxiety will set in, and buyers will eventually pay more as a result. But is the...
For those who are looking for home-building ideas, or for those who just like pretty pictures, click here to see the WSJ's featured homes from around the country. They include stories about the homeowners, and why they are selling - the justifications are very...
A big hurdle for long-time owners of investment real estate is paying the capital-gains tax - people don't like writing big checks to the IRS! But if you are thinking of selling a rental property, here's a reminder that next year it'll be worse. From latimes.com:...
From the U-T: San Diego County’s home prices rose 7 percent in May from the previous year, the second highest year-over-year increase in the country, according to the real estate website zillow.com. Nationwide, home prices dropped 3.8 percent in the same time period....
The flurry of cancellations isn't isolated to San Diego County. It appears that it's an overall strategy being employed by lenders across the state: It's probably a signal that lenders are hoping loan mods and short sales will get us home. It's definitely a strategy...
We've seen the number of actual trustee sales dwindle down to the ridiculous - yesterday there was only one NSDCC house that met it's fate on the court house steps, but it was a doozy! This was the first oceanfront house in La Jolla to be foreclosed this year, a...
Today's LPS report noted a rise in mortgage delinquencies, and once the mainstream media got ahold of it, you would have thought that the sky was falling. They are drooling for bad housing news, and are quickly jump to many generalized conclusions. Why is anybody...
