Month: August 2010
North SD County Action
We try to keep focused on the SFR foreclosure activity in the North SD County Coastal region, but it takes a keen eye to see the truth. There has been very few top quality homes foreclosed on, and offered by the bank as REO listings - but we'll keep working on it!
Stinky-Poo Ranch
Hat tip to Jakob for sending this in, from the WSJ: Builder Standard Pacific Corp. disclosed this week that it entered into an arrangement that gives it the right to purchase 468 acres of raw land in northern San Diego county over the next two years, the latest...
Pre-Approved Short Sales?
Editor: Bofa keeps tip-toeing around the short-sale problem. Their vaunted Equator platform has turned into a launching-pad-to-the-Black-Hole, and their "appraisals" are coming in a solid 10% above retail, killing every deal that comes along. Now they're rolling...
Joys of Duplex Ownership
It's possible to buy rental property in the $500,000s around the coast, but they tend to come with other baggage; like spending 3 months to convince the tenants to move, plus three additional months for repairs:
Investment Properties 2
No Rock-Throwing
Hat tip to kwaping for sending along the Glass Pavilion, in Montecito, CA: 5br/6ba, 13,875 sf 3.49-acre lot 32 cars 6 years to build $35 million "An almost entirely glass home, it allows the occupants to be comfortably inside while completely enveloped within nature. ...
Investment Properties
In the 1% Club
Zillow conducted a new poll of real estate blogs around the country, click here for link. The San Diego results were as follows: 1. Team Aguilar Blog - 86.81% 2. The San Diego Home Blog - 9.89% 3. Bubbleinfo.com - 1.1% I am glad to have been in the running,...
Crazier Every Day
Hat tip to Jason (aka osidebuyer). This nut had to call the TV-news crew on herself:
