Yesterday CR showed the breakdown of distressed sales year-over-year for different cities here. Let's look at our last six months, the period during which short-sale approvals have sped up, and compare to the previous year. A comparison of NSDCC detached listings sold...
Month: February 2012
Caddy
Tom Tarrant on BTR
Thanks to Tom for being on the show - and for everyone who listened! Some of the highlights: tj and the bear asked about ballpark costs, and Tom broke his general remodeling expenses per room. He does the work himself on these rooms: Kitchens - $10,000 to $12,000...
Bid-Riggers
From HW: Three Northern California real estate investors agreed to plead guilty to forming a conspiracy to rig bids at foreclosure auctions, the Department of Justice Financial Fraud Enforcement Division said Thursday. Charges were filed in the U.S. District Court for...
Tom Tarrant Show on Monday
Tom is coming right along on his major remodel in Bay Park - the photo at the right was taken since Friday's video (click to enlarge). Tune in Monday night, February 13th at 8pm when Tom joins me on Blog Talk Radio right here at bubbleinfo.com. We will be discussing...
Detective Work Too
Hard to figure the culprit here, but a vacant house sitting for months doesn't help:
La Jolla Projects
Here are two dis-similar La Jolla houses listed on the same day, but they face the same challenge - finding buyers willing to tackle a project. If you can get comfortable with buying a fixer, you can expand your target zone:
Be Sunny!
From sddt.com: The mood of America is slowly improving at the start of 2012, with people in California and San Diego among the most optimistic. According to the latest Citibank California Pulse survey, 66 percent of Californians say their personal finances will be...
Kamala Says Fair Deal
Excerpts from the latimes.com: California walked away with the biggest chunk of this week's landmark foreclosure settlement partly because of the state's size but also because of Bank of America's desire to escape the legacy of its Countrywide problems. The nation's...
Spread Getting Wider
Think it's been crazy so far? Between sellers getting more optimistic, scamming realtors low-balling short-sales everywhere, and bank clerks hoping to find the 30-day price from hundreds of miles away, it could get wackier!