Hat tip to Schahrzad who had this video about short-sale liabilities on her blog: Here's the hangup with short sales. This bankruptcy lawyer re-affirms that borrowers who arrange a short sale with their first lender can still be responsible for any deficiency with the...
Yes, it's true that I was in the nation's capital last week, but it had nothing to do with bin Laden. I was there on the eighth-grade field trip - here's part one, a video of the first two-and-a-half days condensed into 7 minutes:
The inventory is so thin these days that we have to look at every possibility, and try to find a way to have them make sense. The trouble with having a recent comp next door is that the sellers will believe that it means something, where buyers aren't so sure.
From Diana at cnbc.com: For the first time in years, a guy who quantifies the foreclosure crisis got to report some good news. Kyle Lundstedt's colleagues at LPS Applied Analytics call him Dr. Doom, as he calculates all the numbers for the monthly Mortgage Monitor...
Jake referred to this article and said, "great care should be given to replacement and maintenance costs for a house", which is true, because homeownership is expensive: A house may survive for hundreds of years. But the individual components that make up the house...
For the River House, the site itself provided both the greatest opportunities, and the largest constraints to the design. It is both steep and awkwardly shaped, but retains magnificent North facing panoramic views over the Lane Cove River. The house itself relates to...
Hat tip to JD for sending this in, from the nytimes.com: ANY broker would be happy to list Ellen Ball’s co-op apartment in Manhattan. On a prestigious block in the West Village in a prewar doorman building, the four-bedroom three-bath apartment has been completely...
Tom Tarrant is underway in San Diego - here's the start of his first project:
The new Encinitas Madonna, the 3rd floor no-view, example of cork flooring, coping with the mirror-avoidance fu, and a regular contributor - the Coaster:
Additional stats not mentioned in video for North SD County Coastal detached: April 2011 sales so far = 206 (+20 for late-reporters) Jan - April 2011 sales = 189 monthly avg. Active/solds (1,497/189) = 7.92 months' of inventory (under 6 is ideal) Jan - Apr 2010: 726...
