Once you get into the tonier parts of town, anything goes these days:
Run-Of-The-Mill
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Month: April 2012
Timing Your Low Offer
Seen at the latimes.com: WASHINGTON — It's not something that economists routinely track, but it provides a rough sense of what's happening in local real estate markets. Call it the low-ball index. A year ago, according to researchers at the National Assn. of...
SB Contest Winner
We have winners! We started the guess-the-sales-price contest prior to 517 N. Cedros hitting the market, so there was little guidance on what to expect - none of these row houses have sold in more than a year!...
May Gray/June Gloom
The "marine layer" seems to be underway, where the overcast struggles to burn off every day. Kevin Collins captured it well with this photo, from San Clemente looking south, taken 6/12/08: Our beach area is socked in with fog/overcast from late spring to early...
$150,000 Backyard
The $726 per month in HOA and Mello-Roos fees may not have sounded like much in the peak era, but today it sounds like $140,000 in purchasing power, given the 4.5% jumbo 30-year fixed rate. Is the list price low enough, or backyard cool enough, to compensate?
Big Money
The local market is setting up for an extended period of quiet. Buyers continue to use big cash deposits and are financing the rest at such low rates that their resulting payments should be very manageable. They must be in for the long haul. Down payments of detached...
“Potential” in La Jolla
This looked good in theory - an old classic on a big lot located within walking distance to the village:
LCV Closed Sale
The quality buys with upgrades are fetching top dollar ($247/sf):
Thinking About Remodeling?
On Tom Tarrant's radio show he discussed this website for estimating the cost of home improvements. While I support the idea of doing improvements right before you have me come over to sell your house, don't get too caught up in their 'resale value' chart. Ideally,...
Beach Bombers
