Thanks to the several people who sent in this article, from CNNMoney.com: In this latest twist on short sale fraud, scammers have found a way to rip off mortgage lenders by tens of thousands of dollars -- sometimes in a matter of hours. The scam artists, usually real...
From sddt.com: San Diego County seems to be in the best shape in California and in better shape than most around the United States when it comes to recovering from the recession in terms of residential construction. Jonathan Smoke, executive director of research for...
Before the Crosby and Cielo were built, the end of the road was Rancho Del Rio. P.S. In these parts, people seem to ignore the power lines.
Excerpts from the www.latimes.com article: The biggest home in Los Angeles County is ready for a new nickname: The 56,500-square-foot Manor, dubbed Candyland after owner Candy Spelling, has been sold to another wealthy socialite, British heiress Petra Ecclestone, in...
There have been 224 Carmel Valley houses that have closed escrow year-to-date (avg. $335/sf). There have been 18 SFRs foreclosed YTD in 92130, with very little, if any, influence on the market:
Hat tip to Kelly Bennett, who has been following this swindler's story - another going to jail! James McConville, the man at the center of our 2009 investigation into a massive real estate scam in San Diego County, is expected to appear in court next week and plead...
A guy who probably just wanted to get a little something for himself, finds out that seeing a project through to the end can be a bigger challenge than it appears: If this might be your cup of tea and want more details, here are other clips that didn't make the first...
Hat tip to JD for shipping this wsj.com article: After years as the lending market's undesirables, aspiring home buyers with less-than-stellar credit are being offered home loans again—with some of the same conditions and catches critics say tripped up subprime...
SAN DIEGO -- Home sales in San Diego County dropped 11.4 percent in June, compared to the same month a year ago, while prices dipped by 1.6 percent, a real estate information service announced Tuesday. A total of 3,444 homes changed hands locally last month, compared...
Here's the first REO assignment in a couple of months, but I'm not expecting more than a trickle from now on. But at least we can call this a premium location:
