This guy's opinions are usually suspect, but he's got it right here - though he stops short of fingering the Tan Man specifically - from the WaPo: It wasn’t that Fannie and Freddie made a prescient strategic decision to stay clear of the housing frenzy. They couldn’t...
Just because a listing looks like a deal on paper doesn't mean a thing these days. Buyers want value. They want extras. They want to feel good. They want a manageable floor plan that flows, a house that's ready to move-in with a decent yard where they can watch the...
The November 2011 Case-Shiller Index was released today. Here is the San Diego seasonally-adjusted CSI, compared to two other indicators: Month No. of SD Detached Sales Average $/sf SD Case-Shiller SA Nov. 2010 1,470 $248/sf 159.71 Oct. 2011 1,652 $230/sf 151.66 Nov....
Want to buy in a location where you can walk around a small village....and get a bank deal too! This is across the street: http://www.yelp.com/biz/bird-rock-coffee-roasters-la-jolla Unfortunately I don't think any bank will finance this home due to its unfinished...
Rich T. noted that in the past there hasn't been a significant relationship between rates and pricing: There's actually very little correlation between interest rates and home valuations, and if anything, homes have tended to get more expensive in rising rate...
Here is the link to the transcript of the talk show with Rich Toscano - it is imperfect: Blog Talk Radio with Rich Toscano A summary of his comparison of home prices vs. local incomes, and prices vs. rents: Well, you can't -- some people say, "Oh, it should be three...
I love this strategy - it was right on the money. This first listed for $999,000, but after there were no takers for two weeks they lowered the price to $879,000. It dropped them down into the next level of buyers, and boom - six days later they opened escrow:
In his video on Thursday, broker Jim Abbott made an impassioned argument against third-party advertisers. But it tip-toes around the role of real estate salespeople in general. Do consumers want less from their agent? In Colorado, agents can do less - they can be...
For those considering a move to the San Diego area, make sure to take in some of the PGA golf coverage at Torrey Pines and see some of the spectacular weather we've been having - today it was 80 degrees! P.S. The house next door - which you see a glimpse of in this...
