I was out today, but we should cover the San Diego Case-Shiller Index, which dropped for the first time in 15 months. Isn't that to be expected? The changes over the last few months have been very small - January's reading was a scant +0.1% - and we've been expecting...
How good are you at identifying old cars? A.L. sent in these tests: http://www.americantorque.com/game/1960s-Car-ID-GM/ I got 70% right. Full disclosure: My first car was a '65 Buick Skylark 4-door (handed down from my mother), and my second car was a '71 Camaro -...
At the beginning of the year it looked like foreclosures were picking up. But those pesky lenders are teasing us again - the April foreclosures have slowed considerably. Here are the counts of SFRs foreclosed in North SD County Coastal, YTD (La Jolla to Carlsbad):...
Do you like 'em different? Here's a tour of a 3,026 sf REO in Mission Hills, listed for $1,319,000:
From our friend Nick at the wsj.com: Falling home prices should give aspiring homeowners the upper hand this spring, but in a growing number of locations, it doesn't feel like a buyer's market. Blame the nearly five-year slide of home prices. Those declines, which...
From the nytimes.com: Taylor Morrison, a housing developer based in Arizona, was set to break ground on a 304-unit condominium development in Sunnyvale, near San Jose, when the bottom fell out of the housing market in 2007. The company went back to the drawing board,...
From carlsbadistan.com:
This is 862sf on a 3,000sf lot - and it'll still be 30 days or so before this one hits the open market:
From the WaPo: Some borrowers can’t keep up with their mortgage payments because they’re struggling to make ends meet. Others choose not to keep up even though they can afford their monthly payments, and a new picture is emerging about who these borrowers are and why...
The REO listing in National City, plus extra clips from the bin:
