Hat tip to clearfund for sending this along:
Inside Penny Mac
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Year: 2010
More Cheese Baby!
Hat tip to Joe Schmoe and Gary - from Reuters: Main Street may be about to get its own gigantic bailout. Rumors are running wild from Washington to Wall Street that the Obama administration is about to order government-controlled lenders Fannie Mae and Freddie Mac to...
Counting the Delinquents
We noted how people still say that the banks are sitting on loads of shadow inventory, when, from the street view, it appears that servicers are getting them to market as fast as they can process 'em. Commentors pointed the shadow to those delinquent borrowers who...
Ice Cream This Saturday!
Thanks to swm for the idea - let's make it an ice cream social! Plan to come this Saturday, August 7th from noon until 2pm at the La Costa Ave Park-N-Ride on the border of Encinitas - convenient for all! There will be more details posted here on Friday, but here is...
More on Shadow Inventory
Readers regularly send in articles for us to examine here - keep them coming! Tom sent in an article from realestatechannel.com that was also referenced in a mortgage blogger's post which Gordon sent in, looking for thoughts - thanks to the both of you! Both...
Heiress Homes
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Encinitas DT Condos
A tack-on to the previous Carlsbad condo report - the new complex in downtown Encinitas:
Lots of Loitering
People were wondering about the condo project next to the Poinsettia train station, so let's review it, and a couple of other coastal projects, that have been underway for the last 2-3 years:
Homebuyer Frustrations
A couple of posts back there were commenters mentioning their frustration, with some buying a house to end the uncertainty and move on with life. Our reader named "Waiting to feel the magic", who is closing escrow soon, said, "Effectively there’s almost no inventory"....
Next Party
