From propublica.org: For the past year, we've been digging into the administration's fumbling efforts. We've crunched a lot of numbers along the way, and now we're sharing what we found – including loads of previously unreported data. Using new Treasury Department...
From sddt.com (SDCo. homes that have no mortgage = 20%): Nearly one in three mortgage holders in San Diego owe more than the value of their home, according to a CoreLogic report. Of residential properties with a mortgage in San Diego County, 29.2 percent, or 173,139,...
This house is listed as 1,805 square feet on the tax rolls, but that has to include the upstairs loft. Will buyers pay full value on the attic room?
From HW: Bank of America Executive Vice President Terry Laughlin said the new mortgage servicing division will work through its $1 trillion in legacy and delinquent mortgages in the next three years. In February, BofA put Laughlin in charge of the new division,...
A new project is underway in CV, where finding ways to expand your possibilities is imperative. This'll be finished in a couple of weeks - we'll be back then with the "after" version:
From the latimes.com: Of more than 100 houses that Ray Kappe has designed over his long and distinguished career, the one he designed for himself and his family in Los Angeles' Rustic Canyon is the most important. "Maybe the greatest house in Southern California,"...
This is the third time we've seen this property,and the price goes up every time. When it was first assigned to us in June, I was thinking $175,000 for this house on Olive (though Mr. T was more optimistic). There has been vigorous flipper activity in the lower...
From the wsj.com - unfortunately there is no commentary about the expected effect on the market. Around here I'm guessing that the effect of a lower Fannie/Freddie/FHA loan limit at a higher monthly cost might diminish the competition slightly, but doubt the sellers...
Here is the average LP/SP $-per-sf of detached properties sold in North SD County Coastal: Period LP $/sf SP $/sf 2010 $402 $380 4Q10 $411 $381 Jan/Feb'11 $392 $370 But the recent action has been startling - last week the average LP-per-sf of the 52 pendings was...
The SFR foreclosures around North SD County Coastal are still being trickled out, relatively. We got teased with an increased flow in January when 49 got foreclosed, but in February that number was almost cut in half, down to 26 (with the same number of business days...
