Hat tip to JP for sending this along, from USAToday.com: In the aftermath of the nation's housing-market collapse and recession, more than 500 midsize and large cities have seen a rise in the share of homes that are rented rather than owned, according to a USA TODAY...
Month: May 2011
Fiesta Del Sol – June 4 & 5
From the nctimes.com: "This year's Fiesta del Sol is on track to shatter last year's record-breaking crowds. We're serving up an eclectic mix of live music, multiple adult beverage venues, fun family activities, compelling food choices and great vendors ---- all by...
San Diego Case-Shiller Index
The Case-Shiller Index for March was released today - quotes from David Blitzer: This month's report is marked by the confirmation of a double-dip in home prices across much of the nation," David Blitzer, chairman of the index committee at S&P Indices, said in a...
Foreclosure Cruise
Thank you to those who made the ultimate sacrifice for their country, and to those who served. The previous generation was proud to serve - My dad was a ROTC second lieutenant in the U.S. Army, and my two uncles served as well - Tom was in the Navy, and John was in...
Foreclosure Counts
The only value of this data below is trying to predict how home buyers and sellers will interpret it. Because the accuracy is suspect. For example, the 'homes in foreclosure process' for San Diego is more than 20% higher than the 12,561 properties shown to be in...
Older vs. Tract
If you'd prefer to buy an older house in a prime location, your patience will most likely be tested. Sellers tend to have low, or no, mortgage balance, and they'll only move when they don't have any other choice - plus they love to hold out on price. The houses are...
Solar Energy at Home
Rick and Nancy give us a tour of their recently-installed solar panels.
Multifamily Permits Surge
From sddt.com: Through four months of 2011, developers have placed a bet that there’s demand for new housing in a market dominated by severely discounted distressed properties. While foreclosures and short sales continue to depress the housing market, builders have...
One Month To Go
The word is on the street - Bank of America will stop taking loan applications for the super-conforming loans (max $697,500 in SD) on July 1, 2011, in order to comply with Fannie/Freddie's October 1st deadline. Their website today is quoting 5.0% with one point for...
Carmel Valley REO Trail
Chase owns the first house in this video, and they tend to the best at pricing - especially with their WaMu assets. IndyMac owned the second house pictured, and they've been fairly aggressive too: