Thanks to daytrip for sending this along:
Month: January 2012
Sellers Need to Go All Out
Are we witnessing the older, lumbering McMansions falling out of favor right before our very eyes? Possibly, but with a sharp two-tone paint job and $40/yard carpet this might look good enough to balance out the negatives:
Pool Advice
The usual smattering of real estate and cars - do they mix together OK?
Gauging Buyers’ Resolve
Yesterday during our regular broker preview, I went on a thorough tour of homes around the southern part of NSDCC - Del Mar, Solana Beach, RSF, and Carmel Valley. As expected, the 'overpriced-ness' was astounding. Are buyers going for it yet? There are 462 active...
Kicking Principal Reductions’ Can
All of these guys are big talkers.....From HW: Democrats on the House oversight committee are pushing to subpoena the Federal Housing Finance Agency to obtain an analysis looking at what effects principal reductions would have on Fannie Mae and Freddie Mac. FHFA...
Covenant Screamer
You don't see too often - two quiet acres in the Rancho Santa Fe Covenant under $1,000,000. There were more defects to this property than were disclosed publicly:
One Million Principal Reductions
From cnbc.com: About one million American homeowners would get writedowns in the size of their mortgages under a proposed deal with banks over shady foreclosure practices, U.S. Housing and Urban Development Secretary Shaun Donovan said Wednesday. The deal, which...
Timing is Everything
Hat tip to DOB for sending this in, from the Charlotte Observer: As Bank of America Corp. finalized plans to buy the ailing Countrywide Financial Corp., government officials traded emails about the mortgage lender's troubles, rumors that regulators had a hand in the...
Rich Toscano on Blog Talk Radio
We're looking forward to the second talk radio event of the year on Monday, January 23rd at 8pm. Rich Toscano of www.piggington.com will be our guest! If you have questions or comments for Rich, leave them here in the comment section, and/or tune in on Monday and be a...
Issa and Countrywide’s VIP
These congressmen sure get antsy about being investigated by one of their own. From HW: An investigation by Rep. Darrell Issa, R-Calif., into the Countrywide VIP loan program that allegedly gave connected policymakers in Washington sweetened mortgages has become...