The number of properties making it to the court house steps is on the rise - there has been a 50% increase roughly in SD County trustee-sales since the end of June (from 200 to 300). It's still a pittance, however, compared to the 14,493 properties in default in San...
Let's designate a series of homes to watch so we can identify if there's a significant leg down in the works, or just a bumpy ride through tract-ville. Using newer tract homes for markers is the easiest way to gauge the trend, because of their similar nature. In the...
Looking for a desperate seller that you can work over? They are hard to find - even the short-sale sellers hold out like they have some bargaining power, when really all they are doing is extending their free rent. Buyers are frustrated enough that many, if not most...
The TV pundits who make general statements about the real estate market (good and bad) aren't helping those in need of accurate data for their specific area - get it locally. But the talking heads have the ability to influence, and in this video they actually have a...
Not every short sale in progress is getting the benefit of the doubt - servicers are dropping the hammer here and there. Will it turn into the trend?
It looks like summer is finally here...for a couple of days anyway. It'll mean more people will be out and about, seeing stuff like this around town:
CA renter, a big supporter and blog commenter since the beginning of bubbleinfo.com was nice enough to sit down and talk real estate to celebrate today's 5th anniversary. I respect her desire for privacy, so you're stuck looking at me a lot - sorry. She is a valued...
Reader "positive" said that 'ghostfaceinvestah', an MBS-trader who comments on Calculated Risk, trusts that LPS accurately reports the mortgage delinquencies and defaults data (I had mentioned my skepticism - Mark E., what do you think about LPS?). I did email LPS...
Frank asked about the breakdown of REO/SS/regular-sellers: SD County, August 2010, all property types Seller # of sales Avg. Sales Price $-per-sf DOM Short-Sales 543 (20%) $313,054 $197/sf 132 REO 605 (21%) $281,311 $185/sf 46 Regular 1,675 (59%) $483,559 $266/sf 70...
They are going to keep throwing everything at the wall, until something sticks. From HW: In the wake of reform enacted to promote homeownership, analysts at the Center for Economic and Policy Research are saying that ownership may not be the smartest option. In a...
