Potential home buyers who are frustrated with the limited inventory can try to expand their target areas. But if you are already set on the neighborhood in which you'd like to live, what then? Take a closer look at the fixers. It is VERY common that buyers only want...
Month: January 2011
Picking Up?
This youtube was recorded on January 19th to show an out-of-town buyer, which was the day it was inputted onto the MLS (before the work was even complete, as you will hear). Today it was marked pending, and another example that buyers are being very active in the new...
Kitchen Ideas
Detecting Moisture
Shadow Inv. – 75% Under $250,000
From HW: Whether they like it or not, the nation's banks control most of the country's shadow inventory, according to a report Friday from Morgan Stanley. Even more, properties in imminent default are typically cheaper homes with prime mortgages. The analyst adds that...
Drip, Drip, Drip
There are currently 11,750 properties in SD County on the trustee-sale list. Are you wondering if the pipeline is being closely managed? Here are the numbers of foreclosed properties for January: 2008 - 1,621 2009 - 1,133 2010 - 1,285 2011 - 1,111 with one day to go...
“High Noon”
From our friend Nick at the WSJ: Home values are falling at an accelerating rate in many cities across the U.S. The Wall Street Journal's latest quarterly survey of housing-market conditions found that prices declined in all of the 28 major metropolitan areas tracked...
Not McMansion
Our blog-friend Tom Tarrant is wrapping up his last flip in San Antonio, and bringing his talents back to San Diego. Hopefully once Tom and family are back in town we can experience some of his fine work in person. Here is the youtube of the latest project (love...
Ma’s House
I try to keep the length of these videos down to a minimum, but this one is personal:
Encinitas – Pacific Station
Last night Richard caught the grand opening of the new mixed-use complex in downtown Encinitas: