There aren't many panoramic views better than from the Rock House, and rarely are they for sale. For those who are thinking of building out the ultimate trophy property, take a look: Click here for the Google Earth map.
Month: October 2011
The Last Roundup?
From the latimes.com: Delinquent borrowers who think they've been treated unfairly by their mortgage lenders and the companies that service their loans will soon have their day in court. Well, not court, per se. But within the next few weeks, federal regulators will...
Current Market Conditions
Currently there are 451 contingent and pending detached listings in North San Diego County Coastal. Last year there were 576 detached closings in the 4th quarter - if we can close 500+ this year, it would be a success in my mind. There are enough buyers, but there...
Back to Tox City
If these are selling, then the market must be hot:
SD Foreclosure Graphs
Yesterday's graphs from foreclosureradar weren't the most recent; but these are the latest available. I think we'll see an increase in NODs for the 3Q11 - those totals should be out soon: The banks are giving plenty of latitude these days: The cancellations look like...
The 1970s
They did drop the price 5% since this was shot. Indulge....please!
What You Resist, Persists
Hat tip to those who sent in this article from YahooFinance, but scroll down to see local impact: As the foreclosure backlog continues to build up, delinquent borrowers are spending even more time in their homes without making mortgage payments. Once borrowers start...
Timmy Says Refi/Rent
We have heard that Fannie Mae is cutting back on their REO outsourcers. From HW: Treasury Secretary Timothy Geithner said the Obama administration is working on a plan to make it easier for Americans to refinance underwater mortgages and to turn REOs into rentals....
Eclectic DMT
We've seen some cool, hip, trendy homes in DM Terrace, where you don't get the typical 1970s look that you see in Del Mar Heights. A little further up the hill you get decent ocean views and good southern exposure, but eclectic is putting it mildly. This sold for...
Solving the Housing Crisis
While you'll deserve the three minutes of your life back after watching this NAR video, at least our president says he is looking for answers. The NAR Expo is in Anaheim next month, so I'm going to take him up on his offer when he is here and deliver recommendations...