From Nick at the wsj.com: The reeling housing market has come to this: To shore it up, two Senators are preparing to introduce a bipartisan bill Thursday that would give residence visas to foreigners who spend at least $500,000 to buy houses in the U.S. The provision...
From the Contemporist, link here. Located on an infill lot in the Point Loma neighborhood of San Diego, the client desired a home that would make the most of its site, be low-maintenance and incorporate a variety of energy and resource-conserving features. The house...
This is not a political endorsement - I hope all the politicians jump on board! From HW: Republican Presidential candidate Mitt Romney says the government should let the foreclosure process run its course, so the housing market can reach its bottom. Romney made those...
This year we have seen the bigger bombers selling in Leucadia for $1.2 million and up. If you are looking for a newer house with an ocean view, and are at one with the greenhouses, here's an alternative (with map) :
REO sales will peak when the banks decide to peak them. From HW: The sale of properties repossessed through foreclosure may not peak until 2013, keeping home prices from a meaningful recovery for some time, analysts estimated Monday. Nearly half of the more than...
Price will fix anything not working here:
The shortage of reasonable-priced homes? See below. From HW: Annual San Diego home sales hit a four-year low in September, Fidelity Pacific Real Estate said Monday. Sales declined 4.6% year-over-year for the month and were also down 5% from August. That's somewhat...
Everybody wants a bank deal or government freebie! From HW: Investors are extremely enthusiastic about acquiring Fannie Mae, Freddie Mac and Federal Housing Administration REO properties in bulk and renting or selling them, Amherst Securities Group said Friday....
The graphs below were posted at Piggington by jacarandoso, and appear to be for the City of SD. The last two show a decline in list prices, and an uptick in listings for the city, but in the county over the last two weeks the new listings have been a little less than...
Hat tip to daytrip for sending in a youtube of a demonstration over foreclosures in a NY courtroom. I don't think this is the answer, and doubt that it will lead to much. But civil disobedience has always had a place in America, can these protesters find a way to...
