Month: September 2011
This Is The Recovery
Now that the so-called expert analysts have run out of superlatives, they don't know what to think about real estate - this HW article refers to "housing desolation". But this is the recovery. Mission accomplished, we're here, it's done. The 'market' will be on...
Haves, and Havenots….Again
From msnbc.com: NEW YORK – It's starting to feel as if there are two housing markets. One for the rich — and international buyers — and one for everyone else. Consider foreclosure-ravaged Detroit. In the historic Green Acres district, a haven for hipsters, a pristine,...
Lava Rock!
Here are a couple of throwbacks.....
Redfin Scouting Reports
Redfin is doing all the things that the association of realtors should be doing - if they start their own MLS they could take over the industry. Hat tip to CM for sending this along, from the nytimes.com: The real estate listing and brokerage site Redfin has added a...
Runway Extension at Palomar
Hat tip to AL for sending this along, from the nctimes.com: Plans for a $767,000 runway study at McClellan-Palomar Airport in Carlsbad were cleared for takeoff Wednesday morning, starting a 15-month process to determine whether a runway extension can be built on top...
California Dreamin’
NSDCC Defaulter Counts
With the MSM still peppering us about the size of the shadow inventory, Ed asked today for a summary of the local SFR backlog of defaulters. Included on the right side is the total number of detached MLS sales over the last 12 months so you can gauge how many years it...
FHA – No Waiting
An agent said it yesterday, and I talked to a loan rep who confirmed it. FHA has expanded their underwriting guidelines for those who have a short sale on their record. They already allow borrowers to come back three years after a foreclosure or short sale, but now...
Airplane House
From CurbedLA: This house was built in the hills of Malibu with parts from a 747. It's also registered with the FAA so pilots flying overhead don't think they've spotted a crash!
