From sfgate.com: Californians are bummed out. The Golden State's residents rated their quality of life at its lowest mark in almost 20 years, citing the economic downturn and stagnant personal finances, according to a joint UC Berkeley and Field Poll. "Residents are...
Month: March 2011
Peanut Butter
“Wealth Building” Scam
Hat tip to daytrip for sending this along, from aol.com: A man who ran a defunct get-rich scheme agreed to settle a court order by paying the Federal Trade Commission $900,000 and surrendering the proceeds from the sale of his house and most of his personal property....
More Are Remodeling
From the nytimes.com: One part of the housing market is experiencing a rebound that will probably continue even if the rest of the market remains sluggish: remodeling. A recent report by the Joint Center for Housing Studies at Harvard University predicted that...
Pathetic RE Porn
Buying In a Hot Market
Travis left this comment at #30 a couple of posts back here: I purchased my first home without knowing about value aside from recent comps. This time around I am trying to better understand “fair value” using indicators such as price-to-rent ratio. I sense that many...
This Week’s Trustee Sales
San Diego Biotech
Not our usual fare, but if you wonder about local employment.... From the sddt.com: While there has been a softening in the demand for for-lease biotechnology space in San Diego, you wouldn’t know it by the huge appetite publicly-traded real estate investment trusts...
GSE Reform
From HW: Rep. Jeb Hensarling (R-Texas) re-introduced legislation late Thursday that would end the bailouts of Fannie Mae and Freddie Mac and end their conservatorship in two years. "It’s time to enact fundamental reform of Fannie and Freddie before these companies go...
Sandicor Falls Further Behind
The San Diego MLS is run by Sandicor, who refuses to create a powerful website to help educate consumers and support the agents. In Houston the association of realtors is doing a great job - they help the agents create their own promotional video and then keeps...