Make sure to check houses at different times of the day to observe all possible conditions:
La Jolla Rush
read more
Month: January 2012
Solana Flip
Pro flippers increase the purchase price on their trustee deed when recording it. According to foreclosureradar.com, the winning bid on this house was $1,014,000. But when you look at the tax rolls, the recorded trustee deed says $1,114,000. It's done to narrow the...
Carlsbad is Great
OWS Takes Advantage
From the nypost.com: They’re occupying his home. Occupy Wall Street protesters announced with great fanfare last month that they moved a homeless family into a “foreclosed” Brooklyn home — even though they knew the house belonged to a struggling single father...
Short Sales Increasing, Part 2
How are short sales affecting the market? This chart divides Actives by Pendings (A/P, our gauge of the relative 'health' of each market). We've seen in the past that a 2.00 reading seemed healthy, and 3.00 was tolerable. I included contingents in the Pending counts...
Short Sales Increasing, Part 1
In the not-so-distant past, both buyers and agents avoided short sales. They took too long, and the outcome was very uncertain. But closings of detached-home short sales are increasing around the county: We saw that the banks' approval rate of recently closed NSDCC...
Pushing Principal Reductions
An excerpt from cnnmoney.com, about respected Laurie Goodman, the current record holder for highest estimate of expected foreclosures across the country: On top of the 2.5 million homes that have already fallen to foreclosure since the bubble burst, another 4.5...
La Jolla Lower End
If you are considering the under-$1,000,000 market around the Del Mar/Solana Beach/RSF/CV area, you've noticed how low the inventory has been. If you are thinking of expanding your horizons, how about a La Jolla beach cottage?
BayCo Value Identifier
When you check the tax rolls of this neighborhood sold at the peak, you can see that many were purchased with the exotic financing that was popular back in the day. As you can imagine, it has left a trail of broken dreams for sellers - one at the top of the hill with...
Carlsbad Single Level
Looking for an established neighborhood with no fees, but with a modern look? $697,000 Map:
