If you work/play around regular San Diego, it's worth considering a smaller house/better location combination closer to town. If you don't mind spending over $1 million, I think you are going to see some reasonably-good buys in Carmel Valley/Del Mar Heights/PB and...
Year: 2011
Foreign Buyers!
From Forbes.com: Former Citigroup chairman Sandy Weill listed his 6,744-square-foot apartment at 15 Central Park West for an astonishing $88 million in November, promising to donate the proceeds of the sale to charity. Now comes news that Ekaterina Rybolovleva, the...
Year of the Strategic Default?
Will short-sellers and strategic defaulters race to the exits before the debt-relief tax exclusion expires on 1/1/13? They would be crazy to assume that the benefit will extend, though it may. Here is the last third of this article from the New Yorker comparing AA's...
Disappearing Pool
Hat tip to Genius for sending this in:
Slab City
On our way to Mad Max - from the latimes.com: Penny Puckett came to Slab City and fell in love. After four years of "bumming around and hopping freight trains," the 25-year-old from Kansas City arrived at this hardscrabble section of the Imperial Valley desert and...
Another Local Loan-Mod Scam
From the Carlsbad Patch: Four men pleaded guilty in federal court in San Diego to stealing more than $11 million in a loan modification scam that preyed on desperate homeowners trying to save their homes from foreclosure. Gary Michael Bobel, 59 of Carlsbad, Scott...
Gimcrack
A couple of thoughts, our hauler, plus the wrap-up tour of the new house in Leucadia:
Rent-A-Bank-Account
It must have been a slow week for real estate news - from the latimes.com: Could today's seductive conditions in the housing market — severely marked-down prices, record low interest rates and hundreds of thousands of foreclosures waiting to be resold — be breeding...
Urban Skiing
This was filmed in Nelson, B.C. (due north of Spokane) - it gets cooking at the 2:00-minute mark:
Banks and Social Media
Hat tip to daytrip for sending this along, from betabeat.com: A new wave of startups is working on algorithms gathering data for banks from the web of associations on the internet known as “the social graph,” in which people are “nodes” connected to each other by...