Another milestone today - the 700th video! This youtube has nothing to do with real estate sales, and most will find it over-indulgent - but if you like cars (and Chevys in particular), this might bring back some old memories:
#700
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Month: February 2011
CV Foreclosures
BofA now insists that someone from the listing office meets the locksmith, and take photos of the lockbox with the numbers set to the right code. It's a good time to get the first look at the interior, and size up any possible repairs. Then it's off to what is...
More Shadow Inventory
It happens about once a week that we see an out-of-town realtor input a new listing in their hometown MLS, thinking that it somehow magically transports in our San Diego MLS here. But it is probably due to their assumption that just because the rest of SoCal is on...
Home Stretch for Foreclosures?
From Diana at cnbc.com Fewer Americans are falling behind on their mortgage payments; in fact, the fewest in two years. Mortgages just one payment past due (30 days) fell to their lowest level since just before the recession began. Is it delays in paperwork from the...
Ski-Speedriding
Another from Paul K.'s site:
Buying a Short Sale
We already know that virtually all sellers of short sales are behind in their payments, and have lost interest in keeping their house. Expect the same for home maintenance - most short sales end up needing work. Here's an example:
Very Substantial
Hat tip to MB who sent this from the nytimes.com: LOS ANGELES — From Kirk Morgan’s perch, in a mansion at the top of Los Angeles, he can see it all: The snow-covered mountains from the vast windows in one of the seven bathrooms. The Hollywood sign, eye level from the...
Three-Timer
This REO listing is on it's third time around - the sales history: 1986: Foreclosed 1987: $429,000 1995: Foreclosed 1995: $450,000 2000: $820,000 2010: Foreclosed (loans were $1.3M) 2011: $899,000 list price
Shadow Inventory – U.S. Gov’t
From the REChannel: It didn't make the headlines when it was first announced in November 2010 and it didn't make the headlines this week. But if President Barack Obama's proposed 2012 Federal budget cuts involving the sale or disposition of 69,000 government-owned...
List-Price-Accuracy Gauge
Our simple guide to home pricing:
