Year: 2010
Trophy vs. Distressed
They are talking about REITs and commercial properties, but an interesting parallel to what we see over on the residential side - the trophy properties are hot, and the inferior houses/locations are not:
Building the Portfolio
The Malibu, Calif. home of the late philanthropist Nancy M. Daly, the ex-wife of former Los Angeles Mayor Richard Riordan, has sold for more than $40 million. It was first listed for $57 million and most recently asked $47 million. The buyer, listed as a Delaware...
Another Fairbanks REO
Volunteer Home-Building
Want to take part in the building of your home, try the Habitat for Humanity. http://www.sdhfh.org/index.phpIf your income is less than half the median income for the area, and you don't mind putting in 250 hours of volunteer service to help build them, you can get a...
Fairbanks
Another reason Carmel Valley has been so hot is because of the competition nearby. Fairbanks Ranch is the neighbor to the north of Carmel Valley's 92130 zip code, before you get to Rancho Santa Fe. While CV has newer tract houses on smaller lots, in Fairbanks Ranch...
Vigilante Justice
Hat tip to daytrip for sending this in, from KDKA in Pittsburgh: ERIE, Pa. (AP) A northwestern Pennsylvania debt collector has agreed to cease collection tactics the state says included a sham courtroom where customers would be summoned. Unicredit America Inc. agreed...
Klinge Realty in Marin County!
My sister Kathy has joined the board of realtors - Klinge Realty is now open in Marin County! She's also pregnant with twins, so we may get off to a slower start - but we have her first contribution to the blog! Her husband Ramon works a block away from the parade...
Change Coming?
Thankfully the election is over, and we can get on with life. Will the results impact our local real estate market? 1. Hopefully the politicians will start looking at foreclosure as a solution, not a problem. From CNNMoney.com yesterday: The Obama administration is...
Small-Town Villa in South Africa
If you like contemporary architecture, check out this guy's website, where he has a number of houses and projects displayed. Here's a remodel of an old house situated in the Northern part of South Africa. It doesn't look like it would cost that much to build, and...
