From the U-T: Barratt American, headed by Michael D. “Mick” Pattinson, filed for bankruptcy in 2008 when it lost its $125 million line of credit for numerous housing projects, including some in San Diego County. Pattinson and his partners have restarted the Carlsbad...
Would you buy a house through an auction? The auction format would reduce the chances of shenanigans taking place. In today's market, with short sales growing and manipulating agents causing more suspicion, a pure shot at buying a house would be appreciated. I think...
From the RE Channel: Looking for a conservative residential real estate market in which to invest? Local Market Monitor Inc., a 20-year-old, Cary, NC research and consulting firm, has updated its previous rankings and posted the 10 best and worst markets. Tulsa,...
Originally, the Governor vetoed the first anti-deficiency judgement law, SB 1178, which had been passed by both the Senate and Assembly of California. But rather than arm-wrestle, they submitted SB 931, both houses passed it, and the governor signed it on October...
Hat tip to SS for sending along this article that reviews the MERS debacle: http://www.opednews.com/articles/1/FORECLOSUREGATE-by-Ellen-Brown-101009-711.html Here is the second half of the article: The clever designers of these vehicles tried to have it both ways by...
Not all the foreclosures have the appliances tore out of them, or have other major damage. This should set the pace in the Covenant for the rest of the year, at $414-per-sf:
Wonder what it is like trying to get a deal these days? Wouldn't you think that the agents must be going out of their way to sell their listings? Not in NSDCC - most listing agents just want to whip you into shape. Rather than go to the trouble of having my clients...
From the voiceofsandiego.org: In the midst of a dramatic all-night budget negotiation, Sacramento lawmakers slipped in a bill that would give the state's approval to raising the cap on downtown San Diego redevelopment to support construction of a new NFL stadium. The...
