My new listing in Carlsbad Norte:
Year: 2010
Big Yard a Plus?
This should demonstrate the depth of the $700,000-buyer pool for Southeast Carlsbad - of the 24 houses sold this year in La Costa Oaks, only one has closed under $700,000 (Adam's, which was even closer to El Camino Real). At one spot in the kitchen I got so excited I...
Downsizing
From the REChannel: According to new housing starts data from the U.S. Census Bureau, single-family homes in the U.S. continued to get smaller last year, and the downward trend is likely to last significantly beyond the end of the recession. In a recent study by...
Near Nixon
Then and Now
Reader tj and the bear asked: Do you perceive a difference in the relative value of ocean view and/or proximate RRE post-2000 vs. pre-2000? I can’t shake the feeling that even though everything went up, the premium on coast properties went through the roof and has...
More Ocean and Birds
“Non-refundable” Deposit
An agreement for a "nonrefundable" escrow deposit is invalid and unenforceable, according to the recent California case of Kuish v. Smith (2010 WL 373225). This case serves as a good reminder for REALTORS® that inserting a "nonrefundable deposit" provision into a...
We Have It Good Here
From the sacbee.com: The same industry whose lax lending standards led to the economic downturn is now being blamed by local officials for letting neighborhoods rot. Those on the front lines of the battle for Sacramento neighborhoods say many banks and other lenders...
$200,000 Flippers
Gopher Bombs Hamper Foreclosure
Hat tip to Kwaping for sending this along, from the U-T: OCEANSIDE — Crews are working to clean up a huge cache of hazardous waste discovered Thursday stored behind a home near Camp Pendleton. Firefighters found four storage buildings, numerous containers and an...