Comments in the latimes.com about September sales: "We are in the doldrums. Nothing much is happening," said Richard Green, director of the USC Lusk Center for Real Estate. "We are now kind of bumping along, not doing particularly well, but not doing any worse either,...
By Rob Davis at voiceofsandiego.org: Lake Mead, the vital Colorado River reservoir outside Las Vegas, hit a record low Sunday, The New York Times reports. The reservoir is the lowest it's been since being filled in the late 1930s, just 39 percent full. Millions of...
Musings about current market conditions - the sellers aren't happy about my lowball offers, but what else do you got? Expect that listings will be cancelling in disgust, with sellers thinking it'll be better next year. But selling won't be "better" in spring or...
Kris Berg reviewed the new Freakonomics movie, and how they criticize realtors for telling their clients to sell early. Just like in their book, they refer to a study that realtors wait longer to sell their own personal residences, and get more money. In the end,...
The foreclosure activity has been throttled around the coastal areas this year. There are only 27 La Jolla SFRs on the auction list, and the few that get foreclosed every month (26 this year) are fairly unremarkable. Here are the latest from the Jewel:
Hat tip to Doug for sending this mention in businessinsider.com about these two articles: OSAKA, Japan — Like many members of Japan’s middle class, Masato Y. enjoyed a level of affluence two decades ago that was the envy of the world. Masato, a small-business owner,...
Walt wanted my take on the former KB Home tract in southeast Carlsbad (see below). The last three minutes are free-wheeling about the market in general:
Hat tip to OC Renter for sending along another episode of Michael Pines, foreclosure-chaser: A Newport Beach man was arrested Wednesday after an attempt to regain possession of the home he claims his family was wrongfully evicted from 16 months ago. Rene Zepeda, 72,...
Could this catch on? Cattani Architects have designed the recently completed Cité A Docks student housing project, located in Le Havre, France. It consists of 100 apartments made out of old shipping containers: To ensure maximum heat and sound insulation, the walls...
