For those looking for 'deals' in the 92130, there are houses that have been purchased recently that have closed for less than $300/sf. What do you get?
‘Deals’ in Carmel Valley
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Month: August 2010
Buy When Jobs Improve?
From an article in the WSJ, and four excerpts (with JtR's comments underneath): 1. Sales may have been even worse if mortgage rates hadn't been so low, said David Berson, chief economist at PMI Group Inc., a mortgage insurer in Walnut Creek, Calif. Low mortgage rates...
Sky Falling, Or…Not?
This video has Yunnie saying that the sky may not be falling, which proves that he reads here. Larry, the next time they stick a microphone in your face, say that the problem with the record-high inventory is that the sellers are crazy about their list prices! Lower...
Local Market Stats, 2-Month
At 7am this morning the NAR existing-home sales data for July is due out, and everyone expects a bloodbath. Pundits will be guaranteeing the double dip, and calling for home prices to plunge throughout the land. There will also be remarks about how the tax credit...
Sky Will Fall Tomorrow
Everyone is looking forward to the existing-home sales data coming out Tuesday:
CV Down Payments
More review of the 101 SFR sales between June 1st and August 17, 2010, in 92130. These are from the tax rolls, and include new-home sales, FSBOs, and deals not on the MLS: 1. There were 28 of the 101 that sold for less than they paid, at an average drop of 12%. 2....
Is Carmel Valley the Hottest?
The other day we sampled a few recent home sales in Carmel Valley, 92130. Some wondered, "why does CV seem to be beating the odds?" Besides the top-notch schools, another reason is because it's the only place in North SD County Coastal where there are loads of newer...
Architectural Photography
Julius Shulman, who passed away last year at age 98, captured the work of nearly every modern and progressive architect since the 1930s including Frank Lloyd Wright, Richard Neutra, John Lautner and Frank Gehry. His images epitomized the singular beauty of Southern...
Buyers vs. Sellers
Mansion Squatters
Thanks to SM for keeping an eye on this story: By this chapter of this curious tale, Mark von der Burg surely is wondering: Why me? What did I do to deserve this? He's the Eastside real-estate agent who, two months ago while prepping for an open house to sell a $3.3...
