Yesterday reader jd asked for an opinion: Given the way our govt. and financial institutions work, how do you see the next 4 to 5 years going in housing (in San Diego)? I have a big interest in the future, mostly because I intend to turn over this enterprise to the...
Hat tip to Booty Juice for supplying more evidence on the impact of mortgage rates on home prices. http://seekingalpha.com/article/278146-interest-rates-do-not-affect-home-prices An excerpt: At first glance, this is one of those things that makes perfect sense: The...
For those of you who wonder if it takes an expert to complete a major remodel - buying an old fixer and adding a second story to get a good ocean view - here is the before-and-after video of a house re-build in Old Carlsbad. The last four minutes is the owner talking...
A few more of these stories and people are going to take it to the streets. From Reuters: Remember Jackie Ramos? She caused a huge stir by going public, on YouTube, with her story of working for Bank of America, which fired her for allowing customers to pay off their...
Those who have been long-time bubbleinfo.com readers may remember back a few years when we ran Wednesday Rock Blogging. Exene and I happen to share a birthday, so to commemorate, let's re-start the WRB! This song comes from the movie, Decline of Western Civilization,...
The warehouse-type older tract homes in SE Carlsbad are sitting patiently, hoping that the spring selling season might bring some love their way. The list would be longer if those who failed to sell last year would have trudged on, instead of renting:
The Del Mar Heights REO has closed for $1,900,000 - well over the list price of $1,749,900. In the listing under concessions they noted that the buyer received $5,000 towards closing costs. So we have two winners! $1,895,000 - swm $1,900,000 - Joe Congratulations to...
More from HW: The FHFA set off a firestorm of discussion in 2011 when it announced an REO-bulk sales initiative that aims to repair the hardest-hit housing markets by selling off bulk assets to investors who have the ability to turn those properties into rentals. The...
