Hat tip to RB Renter for sending this in, from the U-T: NORTH COUNTY — Sheriff’s deputies are trying to identify owners of thousand of dollars worth of stolen kitchen appliances and other items after two men suspected of burglarizing homes in Fallbrook were arrested...
David Blitzer and his crooked bow tie make the usual psycho-babble comments on CNBC: http://www.cnbc.com/id/45475582 "Consumer attitudes have gotten a lot more negative about long-term commitments, and the No. 1 long-term commitment most people in this country made is...
Here the seller lowered the price aggressively from $1,095,000 to $899,000 in the first 45 days of the listing, and a couple of weeks later, an agent from a different office bought it: The previous owner paid $1.2 million and financed 100% of it - but he must have...
The Armada House in Victoria, BC, Canada.
Will the impending financial meltdown in Europe affect our local real estate market psychology? It's not certain if they will let the disaster unfold - they might just employ more can-kicking devices. But if you see European countries going into full...
After you pay repair/improvement costs, a 2.5% commission, holding costs, and income taxes - not to mention the risk involved - is this flip worth the trouble? The agent had in his remarks that the last sale of this model was $848,000, wouldn't you think he'd try for...
From the latimes.com: After a year characterized by grumpy partisan gridlock, Congress came up with a Thanksgiving compromise that could change the mortgage choices of buyers and refinancers in more than 660 markets across the country: It raised maximum loan limits...
Excerpts and graph from the Economist: MANY of the world’s financial and economic woes since 2008 began with the bursting of the biggest bubble in history. Never before had house prices risen so fast, for so long, in so many countries. Yet the bust has been much less...
Hat tip to JD for sending this in from the latimes.com: For a clue to why California is losing its allure as a place to settle down, just ask Jennifer McCluer, who moved out of California in 2007 after she obtained her license in skin care. Unable to afford Orange...
Being close to the beach with some ocean view was considered a real positive at the peak, but in today's environment, will buyers overlook the negatives?
