From www.sddt.com: Sales of San Diego condominiums have emerged as perhaps the market’s lone bright spot. Driven by a confluence of factors, investors and traditional buyers alike have identified value in the submarket, pushing activity beyond its year-ago level while...
What are the alternatives to buying a big bomber in Carmel Valley? If you want a larger home, and don't mind Poway schools or $543/month in Mello-Roos fees, then there are others at slightly more affordable rates:
A couple of comments were left yesterday regarding the financial stress among Carmel Valley homeowners - people who are under-employed and burning through 401k accounts to survive. How many homeowners are stressing in 92130? The data isn't readily available, so you...
From HW: Freddie Mac will force parties involved in a short sale to sign affidavits making them liable for their negligent or intentional misrepresentations in the deal, an effort to be sure it's an arms-length transaction, according to guidance released Friday. The...
Thanks to Mr. T for sending along this TT superbike racing - best at full screen:
There are very few quality REO listings around the 92130 - the houses tend to be ones that aren't worth keeping. If there are homeowners struggling to keep up with their payments, they would be smart to short sale in the next few months, because the exemption from...
When I say, "the inventory is thin", it really means that the demand for good-looking-properties-that-are-priced-reasonably is healthy. While that would seem obvious in any market, it is worth repeating when all you hear is how bad the real estate market is from the...
Hat tip to Mr. T for sending in this article from money.cnn.com: Last year the economic forecasting firm Fiserv predicted that home values would sink around 5% in 2011, and that prices in three-quarters of the nation's major metro areas would fall. The bad news is,...
For the full story, including a video on the house being built, click here. House Art
