It was noted by Eric in the NCT that sales have been dropping for seven straight months, and clearfund suggested that we examine it further. Above we have the graph of the 25th, 50th, and 75th percentiles of asking prices in San Diego County (from...
Have you noticed that the short sales laden with questionable tactics seem to be the ones that have the hardest time closing? Buyers are not tolerant of the unusual - they just want a clean shot at buying a house. Let's give it to them! P.S. The lender also...
Here's another youtube tour showing some of the eclectic nature of Leucadia: For anyone looking for more information on the Nantucket offering, here's their link: http://www.landinterestsinc.com/property/nantucket The deadline for offers is May 28th, which means get...
I had a listing last summer at the end of Steinbeck in Carlsbad, a 3,495 square footer with a great view of the ocean/smokestack (like you'll see at the end of this video). The seller, who had already moved and wasn't coming back, really struggled with the idea of...
From Eric at the nctimes.com: As the national housing market continued to languish, San Diego County values rose 10.8 percent in March compared with 12 months earlier, as a smaller number of buyers chased deals on the most expensive homes, according to the latest...
Bruce Norris is a very knowledgeable and experienced player in the real estate arena. His focus is on the buying and selling of trustee-sale properties around the Inland Empire, but he has other related business ventures, including the financing of trustee-sale...
There has been a rebound lately in the number of weekly trustee sales resulting in REOs, but still relatively low numbers overall, compared to where we think they should be: Below is the quarterly chart for the last three years. Even though the foreclosure moratoriums...
The latest Case-Shiller/S&P report, the index measuring same-house sales, has the March numbers out today. They noted, "San Diego, in particular, has stood out with 11 consecutive months of increasing home prices."...
In the peak 2005-2006 era, there was only one house that sold under $1.5 million in Rancho Santa Fe's Covenant. Two Covenant houses have sold under $1.0 million in the last week - both on Via de la Valle. Here's a tour of one of them:
We know it's the wild, wild west, and that short sales are tough to navigate because each listing agent determines their own rules. As a result, more trends are developing along the way:
