We're still using Derby Hill as a marker for pricing in Carmel Valley, and none have closed over $1.5 million this year (though one is pending, listed at $1.529 that sold in five days). Will this one sell? Would it dent the buyer enthusiasm? It's not a great...
Year: 2010
Compromise Time?
Those trying to sell in the better school districts, and where there is already a shortage of decent inventory, could get lucky in the next few days. Buyers with limited options, and who really want to be in for the start of school, might compromise on a few things...
‘Fewer Underwater as Prices Rise’
These types of stories drive me crazy - sellers will skim the headlines and get more over-confident: Aug. 9 (Bloomberg) -- The percentage of U.S. homeowners who owe more than their properties are worth declined in the second quarter as tax credits boosted prices in...
All From Public Records
This one may not be here for long:
Historic-Home Painting
Tom Tarrant is an ex-San Diegan who is flipping houses in San Antonio. Here is a youtube of a 1923 Craftsman-style house that he painted with seven colors! Click here for more details.
Today’s Party!
Ice Cream Sociable
I hope you can make it tomorrow to the La Costa Park-N-Ride from 12-2pm!
Double Dip Feel?
Hat tip to SM for sending this over, from our friend Nick at the WSJ: Is this what the beginning of a double-dip feels like? The number of homes listed for sale grew in many U.S. cities in July, a month when inventory typically declines. The supply of homes available...
REO/Short-Sale Mix
This chart makes it clear - servicers are pushing for short sales, instead of foreclosure:
Trustee Sale Video
Here's a video of a trustee sale on the court house steps in downtown San Diego (by Richard). Two comments: 1. There are still plenty of bidders showing up at the steps, but how many are buying? There were 474 trustee sales scheduled today in San Diego County of all...