Here's video testimony regarding market conditions around San Elijo Hills/South Carlsbad. In the 92009, 92011, and 92078 zip codes, there have been 228 houses marked pending this year, not counting contingents (71 of those new pendings have closed already). All that...
From the latimes.com: The most ambitious federal mortgage program to date aimed at millions of underwater homeowners is poised to take off in the coming two weeks, yet some key issues could hinder borrower participation. One of them involves something most owners know...
The current demand for housing doesn't get much coverage. Here's a video that captures a glimpse of it around Carmel Valley:
From the latimes.com: A $7.6-billion federal program to help unemployed homeowners stave off foreclosure has provided little relief two years after being unveiled, with less than $218 million of the money paid out to needy borrowers as of Jan. 1. California, which was...
The mainstream media loves pushing bad news, and the 1%-ers are the latest trendy target. Marin County has approximately 81,186 single-family homes, according to the latest census. The guy in this video makes it sound like the sky is falling, but didn't include the...
From Bloomberg: Dan Kowalyshyn figures he owes about $200,000 more than what his four-bedroom house is worth today. It faces a cul-de-sac where three of the six homes have been lost to foreclosure since his $570,000 purchase in 2006. The software developer has decided...
Sent in by an anonymous flipper. Fifteen percent of this year's NSDCC sales have been round-tripped: We’ve purchased a couple at trustee sale recently where the “comps” are all short sales and REO’s. Typically it’s never a problem getting 5 – 10% more than a...
