If you can't see them, and it's quiet - does it affect you?
TP Effect
read more
Month: August 2011
Encouraging More Foreclosures
From HW: The Obama administration will begin working on new strategies for how to better sell previously foreclosed homes held by Fannie Mae, Freddie Mac and the Federal Housing Administration, which may include renting more REO. The Federal Housing Finance Agency,...
More Psycho-Babble
When the mainstream media starts talking to people who are actually participating in the marketplace, then we'll have a consistent and accurate view of what's happening. Until then, we'll have guessers like these who come off as experts, but are really just grasping...
I Yam What I Yam
Could It Happen Here?
Haves and Have-nots - a widening gap here too. From Reuters: LONDON, Aug 9 (Reuters) - Just yards from the east London street where riots erupted on Monday stands a house for sale that sums up the depth of division in the area. With five bedrooms, three bathrooms and...
Carlsbad Blue Cross
While the WF Condos are located in the heart of the downtown Encinitas district, which is a big plus, not all of the trendy new urban condos are enjoying such success. Here are resident comments from Yelp: http://www.yelp.com/biz/bluwater-crossing-carlsbad
Whole Foods Condos
This is a brief tour because the sales person was right on us, but you'll get a feel for what they are offering - a standard-grade box of sticks and stucco. But they've sold half of their 47!
CV Open-House Report
Is there demand? We know we have lookers, but for them to turn into buyers it'll take some compelling deals the rest of the year. This will be one to keep an eye on - because if it doesn't sell when priced under $300/sf in Carmel Valley, the hottest market in the...
Free-Rent Takes a Breather
Thanks to SM for sending this in - click on image for clarity:
Market Tumult
The real estate market tends to lag behind the rest. Unlike stocks and bonds, it's too hard to qualify if a good deal went bad while in process, unless a low comp out of nowhere pops up across the street. Interest rates have the biggest impact, so we'll see how they...
