Hat tip to Clearfund for sending this along, from Forbes.com: Last weekend after Berkshire Hathaway released Warren Buffett’s annual letter, there were a flurry of articles and blog posts hanging off Warren’s every word. One part of his long letter that didn’t get a...
Year: 2011
She Should Do Her Own Video
Just months after completing and extensive expansion and flawless multi-million dollar renovation, sitcom star and rom-com movie queen Jennifer Aniston has quietly floated her Hal Leavitt designed and Stephen Shadley re-worked residence in Beverly Hills, CA onto the...
Minimum 20% Down?
From Nick at the wsj.com: Banking regulators are pushing for mortgage-lending rules that require homeowners to make minimum 20% down payments on loans classified as lower-risk, according to people familiar with the matter. The proposal is being floated as a way to...
Malibu Custom For Sale
From the latimes.com: A Malibu estate with a studio nearly as large as the contemporary main residence, its own dog park and an ecologically friendly design gives new meaning to the phrase "custom built." The gated compound, created by Los Angeles artist and designer...
February Stats By Area
The early February numbers, by area: Town Zip Feb '09 Feb '10 Feb '11 Cardiff 92007 2/$344 2/$495 4/$604 Carlsbad NW 92008 11/$330 6/$285 4/$353 Carlsbad SE 92009 13/$251 23/$298 26/$256 Carlsbad NE 92010 6/$228 6/$269 9/$238 Carlsbad SW 92011 10/$301 15/$278 18/$292...
Carmel Valley Remodel 1
In hot areas like Carmel Valley, home buyers are smart to consider expanding their target zone by looking at homes that need work - and if you buy one, you can remodel to your taste. Chances are good that any house you buy will need something fixed or remodeled...
Don’t Have to Foreclose?
From HW: The number of foreclosure starts fell about 11.4% in January from a month earlier, but delinquency rates rose slightly because many lenders are moving loans out of foreclosure and back into the seriously delinquent category, according to Lender Processing...
Feb. Sales (prelim)
This will be updated with late-reporters, and the breakdown by zip codes will be added - but it looks like the steady grind of sales is continuing. You can also see in the previous post (2 back) about cash buyers, and the comments left - many people are done waiting....
San Diego NASA Photo
Haves and Have-Nots
From the latimes.com: Cash talks. And it's speaking loudly in California real estate these days, even in the nicest parts of town. All-cash buyers grabbed a record 30.9% share of the Golden State's houses and condos in January as low prices lured investors and others,...