They have sold about 40 of these so far, and are moving over to the inferior lots next:
Carmel Valley PHR
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Month: April 2012
Recent Underwaters
People who bought in the last two years did so knowing that we have been in the biggest downturn in the history of Amercian real estate - if you didn't, you should sue your realtor for not telling you! Plus, what does it mean when he says "borrowers continue to be...
Costco Mortgages
Thanks Mr T! From cnn.money.com: NEW YORK (CNNMoney) -- Not only can Costco shoppers find bulk-packs of chicken wings, 24-rolls of toilet paper and large-screen TVs at a discount, they can now land themselves a mortgage. After a year of testing, Costco is rolling out...
Space-Saving Furniture
Hat tip to AL for sending this in from http://www.resourcefurniture.com/
Renovate to Sell
This house in Carmel Valley was listed since May, 2011, and by the end of the year the price was down to $999,000 - but no takers. They went off-market for renovations in February and March, 2012, and came back on priced at $1,150,000. After 25 days, it went...
Bill Davidson 2
Bill expands on the topics here, and talks about his desire to build custom homes for people - they have already done a few!
MBA Fraud Conference
The Mortgage Bankers Association has been holding their fraud conference over the last four days, with 660 industry professionals in attendance. I was on the speaker panel today for the "Stories from the Street" portion of the event, along with the Chief Compliance...
Riverside? Las Vegas?
Hat tip to Mr. T for sending this in from marketwatch.com: CHICAGO (MarketWatch) — Home prices in a majority of the markets covered in Zillow’s Home Value Forecast are set to bottom this year — if they haven’t already, according to a Zillow report released on...
Bill Davidson
It was a pleasure today to meet Bill Davidson, legendary builder of Davidson Communities. Davidson Communites has won the local Grand Award for Community of the Year 14 times, the local Home of the Year award 11 times, the Pacific Coast Builders Home of the Year 11...
San Diego Case-Shiller Up
From cnbc.com: U.S. single-family home prices rose for the first time in 10 months, in an encouraging sign the battered sector is starting to stabilize, a closely watched survey said on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas gained...
