From the latimes.com: California Atty. Gen. Kamala Harris, saying that years of unscrupulous lending still haunts the state, is creating a 25-person task force to target mortgage fraud of any size — from small operations that preyed on troubled borrowers to...
Month: May 2011
Live in a Cave?
Hat tip to GO for sending this along: Looking for 4,995sf home on a secluded 110 acres off the grid? The road averages six cars per day - listed for $597,500: Click here for more: http://thecavehome.wordpress.com/
Mission Hills Wrap-up
Two offers are in, both over list price. Never mind those holes!
Flood Prevention
Video: Man Builds Moat To Save Home From Flooding
LEED
This 3 br/3.5 ba, 3,229sf LEED house on Neptune is still for sale, down to $2,950,000:
Will Price Fix Anything?
Somebody is excited about the list price here - it gets repeated several times!
Lopez Island, WA
This 1800 sf home is located on a heavily wooded, medium-bank waterfront property on Lopez Island, Washington. The house is carefully sited amidst the existing trees and the existing land form which slopes up to the bank and view. Connections to the outdoors and...
Carmel Valley Heat
There were 33 sales over $2,000,000 between 2003 and 2010 in Fairbanks Highlands, a gate/guarded community on the east end of Carmel Valley's 92130. But with 10+ listings not selling over the last half of 2010, we thought that prices of these would keep sliding,...
House of Cards
By Matt Taibbi: Got a chance to meet Josh Rosner (co-author, with Times reporter Gretchen Morgenson, of the new book Reckless Endangerment) last night during an appearance on Eliot Spitzer’s In the Arena. We were brought in to talk about the new investigation of the...
RE Industrial Complex
From N.A.R. As you may know, there is a proposal before regulators to require a minimum of 20 percent down on all residential transactions. If allowed to take effect, the rule would put home ownership out of reach for middle-income Americans. It would take the average...