We don't know exactly how the survey was worded, but it looks like people would need to see their utility costs going up before spending money on improvements. From the latimes.com: Homeowners need to complete an average of four energy efficiency upgrades, such as...
Year: 2011
Gimmickry
Hat tip to JS for sending this in, from nbcsandiego.com: The slow housing market has inspired one San Diego restaurant owner to market her Mission Hills property the best way she knows how – with free food. Terryl Gavre's Mission Hills estate has been on the market...
Strict Autograph Policy
Thanks to AL for alerting us to this special event! AUTOGRAPH POLICY: Line for autographs will be limited to 300 guests regardless of time of arrival. Place in line does not guarantee an autograph. Autographs will be available as time permits. Only one (1) autographed...
Zoo-Like
This looks like a hot buy on paper, but needs a closer look. While it is a manageable project, it looks scary at first glance. P.S. There's a typo on price, it's $745,000:
Freddie REOs Could Take 15 Years
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...
‘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...