From cnbc.com: As home values continue to fall and more borrowers fall into a negative equity position on their home loans, those who stand to lose, banks and investors, are working to keep borrowers current. To date, they have focused on delinquent borrowers,...
Month: July 2011
Lighten It Up
You have to create opportunities. Change out the slate for travertine ($10,000), and re-build the deck to normal size ($5,000):
Were the Bums Complaining?
Hat tip to shadash for sending this along, from the nctimes.com: San Diego County court administrators will end the decades-old practice of selling foreclosed houses on the courthouse steps in downtown San Diego on Aug. 31, administrators said Monday. Trustee sales,...
Actives/Pendings
Back in the day when there weren't loads of short sales, we used to compare the actives to pendings to get a read on the relative 'health' of the marketplace. With banks pushing harder to close the short sales (though the timelines are still uncertain), and because...
Costa Rica
SPG Architects transformed an abandoned steel frame and concrete slab structure into a five-level, 18000 SF, indoor-outdoor residence on a rain-forested mountainside overlooking the Golfo Dulce. This house’s total usable area sits on approximately 6000 SF of forest...
DMBC
While we're visiting the premium waterfront locations, let's include one of the toniest in SoCal:
San Diego Bay
The training of the next generation is underway. We rented from www.seaforthboatrental.com to complete today's lesson:
High-End Enthusiasm
Hat tip to Auntie Agent for sending this in, from the latimes.com: A diamond-encrusted lining is emerging in Southern California's cloudy real estate market. At least a half-dozen Westside mega-estates have sold for more than $20 million so far this year — creating a...
Ol’ Blue
‘Wry Smile’
This is in the south part of Solana Beach, on Sonrisa, just north of Via De La Valle near Eden Gardens. It sold for $162,000 in January, 1999: