From sddt.com: Sudberry Properties of San Diego reported it has secured more than $164 million in financing for five major properties, including money for its 230-acre Civita masterplan in Mission Valley The largest financing commitment is $59.5 million for Circa 37,...
Month: July 2011
Strategic-Defaulters in NSDCC
How many people try to short-sell their house, before getting foreclosed? Those on the default list get bombarded with save-your-credit and extend-your-free-rent offers from realtors - plus kickbacks too. To resist, a defaulter must be really committed to NOT...
Mosquito Fish
Do you want to see these?
Reduce Principal Share Equity
From HW: Ocwen Financial Corp. launched a new modification program to reduce the principal on a mortgage for delinquent borrowers, while compelling them to share in the future appreciation of the home's value with the investor. Mortgage modifications will only be...
SD Case-Shiller Index – May
The San Diego Case-Shiller Index for May is out. I don't know how much it matters, but they have two measurements - seasonally-adjusted, and non-seasonally adjusted. Here are the recent troughs and peaks: CSI - SD Trough Mo. Score Peak Mo. Score May '11...
Giants
I know we're supposed to be fans, but Padres' management isn't committed to winning it all. I was glad to see Boch and Flan win the World Series last year - here's a glimpse of Sunday's game during a mini-family reunion over the weekend where most of us were at AT&T...
Inland Estates
It was 85 degrees today in Poway:
Loan Limits May Extend?
From NMN: Mortgage, housing, and even local politicians are stepping up pressure on congressional appropriators to extend the maximum $729,750 loan limit on government-backed loans for another year, fearing that a failure to act will damage already stressed real...
Bankers Contolling Pace
ocerenter noted two posts ago - could the foreclosure crisis be turning a corner? I join in his skepticism, due to the numerous ways the data can be manipulated - primarily, we'll never know how many defaulters are not being foreclosed. The bankers can just let...
Queensland Beach House
The future house for a retired couple was the brief for this beachside house. The site is relatively steep, which allows direct entry from the street level to all main living spaces with guest accommodation on a lower level. From the street, the building appears low...