Either sellers and agents are starting to pay attention, or the reach of bubbleinfo is improving, because list prices appear to be coming down nicely - hat tip to RE for sending these in: OLD CARLSBAD ENCINITAS LA JOLLA PACIFIC BEACH / MISSION BEACH PT. LOMA CORONADO...
Hat tip to kwaping for sending this along, from the U-T: The developer of downtown San Diego's largest residential highrise said today that it is giving up on trying to sell any of the 679 condos and is returning deposits to dozens of buyers who had been awaiting the...
The August foreclosure stats, plus examples of houses that went back-to-bene last week:
From the latimes.com, and featured at CR: http://www.latimes.com/business/realestate/la-fi-luxury-foreclosures-20100829,0,479624,full.story "The number of homes in the $1-million-and-up market that have become bank owned has tripled during the last three years in Los...
From Bloomberg: The Obama administration plans to set up an emergency loan program for the unemployed and a government refinancing effort in the next few weeks to help homeowners pay their mortgages after home sales dropped in July, Housing and Urban Development...
One of our long-time contributors, Kingside, is featured prominently in this video. The 1br link.
tj and the bear asked about the million-dollar-plus market history in North San Diego County Coastal: Year # of $1M+ sales Avg SF Avg $/SF Average SP SP/LP Avg Days on Mkt 1996 182 6,137 $303 $1,524,240 91% 233 1997 261 5,519 $360 $1,684,891 91% 151 1998 363 5,457...
This interview with Robert Shiller is 20 minutes long, so here are some markers: 4:00 - He suggests more government intervention, particularly with regards to job creation. 14:00 - Housing forecasters are predicting that 'nothing's going to happen' over the next few...
Will there be a big squishdown from above? It was noted yesterday that 35% of the active detached SD listings in SD, but only 20% of the sales in the last 30 days are over $700,000. Are the higher-end sellers who have been on the market for over 90 days motivated...
