From the latimes.com: Pity the poor Arcadia couple trying to sell a house with a street number 44. Most local buyers are Chinese — and for them, such a number can kill a deal. That's because, in Mandarin and Cantonese, the word for four sounds like the word for...
Year: 2011
Granny Flats
From the voiceofsandiego.org: In 2002, the California legislature passed a law requiring cities to allow construction of "granny flats," small apartments built as attached or detached additions to single-family homes. The idea was to promote more affordable rental...
REO Challenges
I usually sell nice homes in premium markets.......these are not representative of my regular business.
Home Preservations
From Lily at the U-T: Even as some San Diego property owners worry that their values will not rise in the near term, preservationists remain optimistic that they can turn an old house into a gem and enjoy the experience as well as make money. “They are able to see the...
Selling For Top Dollar
Del Mar Renter asked, I'm a little confused about your comment in the other related posting on this topic: "REOs will sell for retail". What does that mean? Isn't the whole point that we don't know what "retail" really is? Maybe I'm missing something. The reason I say...
Ten Top Turnaround Towns
Hat tip to Mr. T for sending this along, from CNNMoney.com: Move.com, which runs the Realtor.com website, has identified the 10 top metro areas where it thinks housing markets have started down the road to recovery. Move.com, with a database of homes for sale all over...
Mod Shadow Rain
Three months later the Carlsbad modular project is looking a bit desolate, an example of the shadow inventory's impact on a local CV market - plus some goofy drivers! P.S. How's the foreclosure market in Carmel Valley in May? Only two houses foreclosed so far this...
Chasing Old Ghosts
From the latimes.com: California Atty. Gen. Kamala Harris, saying that years of unscrupulous lending still haunts the state, is creating a 25-person task force to target mortgage fraud of any size — from small operations that preyed on troubled borrowers to...
Live in a Cave?
Hat tip to GO for sending this along: Looking for 4,995sf home on a secluded 110 acres off the grid? The road averages six cars per day - listed for $597,500: Click here for more: http://thecavehome.wordpress.com/
Mission Hills Wrap-up
Two offers are in, both over list price. Never mind those holes!