From HW: Freddie Mac vendors sold fewer REO properties in the third quarter than they did earlier in the year as nonperforming loans continue to climb. More than 25,300 repossessed homes held by Freddie Mac sold in the third quarter, down 13.5% from the nearly 30,000...
Month: November 2011
‘Perfect House’ Characteristics
Punky asked about what to look for in that “awesome I got everything going for me” house. These thoughts are culled mostly from conversations with our buyers, personal observations, multiple bidding wars, with an emphasis on investment value and some anticipation of...
Kitchen Remodel
A two-part video series on a recent high-end contemporary kitchen remodel in La Jolla: Part Two, including cost and contact info:
Higher Loan Limits, Part 2
From HW: A group of 131 members of Congress sent a letter to House leaders this week, pressing for a restoration of higher limits for mortgages guaranteed by the government. Congress elevated the conforming loan limits in 2008 to allow the Federal Housing...
CV Davidson
This video was shot the second day on market - it went pending on day 10:
Slow-Motion Drip
Someone asked, "JtR, why do you keep posting stories about the can-kicking programs being employed by the government?" The answer is because the media and government keep insisting that we can't handle a flood of foreclosures, and that together, they'll do whatever is...