From cnbc.com: Baby Boomers putting their house up for sale could flood the market in coming years, while the younger generations may not be interested in buying, a new report says. "It's already happening in some states like Michigan," says Rolf Pendall of the Urban...
Month: March 2012
Country Living
Are you looking for some country living but don't want to be way out of town? Prefer a drier climate like in Rancho Santa Fe, but want to spend less? Having a hard time finding a newer one-story on a decent lot with quiet and privacy? Check out 840 Salem St. (map), on...
Stylish PreFab
Hat tip to daytrip for sending this along from interiordesign.net: The TED series’ 2012 conference last week in Long Beach, California was the backdrop for the unveiling of a new project from a unique collaborative team of designers and manufactures. C6 is a prototype...
On-line Therapy for Underwaters?
From the U-T: Would you share with online strangers a photo of yourself with how underwater you are on your mortgage? Three advocacy groups hope you will in order to prove a point to the Edward DeMarco, the regulator of Fannie Mae and Freddie Mac. DeMarco has...
Free
This footage of Free, an English blues/rock band, is from a live gig in the Locarno in 1970 with the original lineup: Paul Kossof, Andy Fraser, Simon Kirke and Paul Rodgers. This vintage footage is from the DVD Guitar Legends - The Ultimate Anthology. As you probably...
Carmel Valley High-Enders
A few scattered sales doesn't make a market, but they can sure give sellers hope:
Cushy Mortgage Settlement
Excerpts from the latimes.com: The federal government's response to the home mortgage crisis always has been an exercise in living down to one's lowest expectations. The $25-billion settlement with five big banks over foreclosure abuses that U.S. housing officials and...
Short Sale Stink
Last week we discussed a situation in Chula Vista where two short-sale frauds were potentially undermining the ability of others to sell for top dollar. Shady short-sales erode the faith and trust in the system - which could cause participants to make erroneous...
30 Offers
Here's another example of the market buzz. This is a fairly typical 1950's house in Clairemont that features an extra solar-energy hype to it. It has a cool, trendy look, but deep down it's still a smaller, older house with only 1.5 baths. You can gauge for yourself...
Free-Rent Bonanza
CR noted here this morning that national foreclosure filings are increasing, making it 6.08 million loans delinquent or in foreclosure in January. Sure enough, the San Diego County foreclosure filings are on the rise too: You can't blame the HARP 2.0 refinance...