From the sddt.com (we just covered February's lower stats this morning!): Following a lull in the final months of 2010, foreclosure activity has rebounded to its levels before last fall's so-called robosigning scandal. Lenders foreclosed 1,141 San Diego County homes...
Are you thinking of moving to the South? Though this could happen anywhere - watch this guy get dropped like a bag of rocks:
Another REO re-assignment came our way yesterday. It's a 2 br/2 ba, 1,108sf condo in the UTC area for $309,900. The complex is in litigation, plus the market appears to be fairly competitive:
Jinx left this comment earlier today: So which schools will be better off? Those that receive their money from property taxes or those that receive from the state? I assumed that those whom receive money from property taxes may be less affected, but I just read that...
From Lily Leung, the new real estate reporter for the Union-Tribune - we're rooting for you Lily! Fewer San Diego homeowners defaulted on their mortgages in February, and foreclosures have decreased year-over-year for the fifth consecutive time. Could this signal...
Good old-fashioned La Costa living from the 1970s:
Here's a look at the first quarter detached stats, split between our North San Diego County Coastal region (Carlsbad to La Jolla) on the right vs. the rest of the county (on left): First quarter detached closings UNDER $1,000,000 Year Not-NCC Sales $-per-sf $ chg,...
From cnbc.com: "This week the cost of buying a home is coming down, way down," begins the radio ad. The big home builders do it all the time; holiday sales, weekend sales, special end-of-the-year clearance. Now the state of Maine is doing it. With the Spring season...
Reasons houses don't sell in a hot market: List price is too optimistic (more than +10%). Something is really wrong with the location, condition, look, etc. The sellers aren't motivated enough. It's why you hear people say there is no inventory. The properties with...
Advice-related stuff from the random bin:
