From the mercurynews.com: The Bay Area is seeing more improvement than other markets nationwide, but its lack of inventory is a problem, according to Rick Turley, president of Coldwell Banker Residential Brokerage for the San Francisco Bay Area. Turley recently told...
Month: April 2012
Beware of Medians
Here are the 90-day moving averages of the median list and sold prices for detached homes in SD: The 90-day median list-price-per-sf on this graph has blown through the roof - why? It is purely from sellers' greed, or is the data skewed? The 90-day moving average of...
Dawgifornia
Hat tip to Stormin for sending this along from the nytimes.com: SAN BERNARDINO, Calif. — For decades, California has been seen nationally and by its own residents as a state divided into north and south, urbane tree-huggers versus car-obsessed beach hoppers. But the...
Mello-Roos Is Deductible Now
Hat tip to profhoff for sending this in, from the sfgate.com: On the eve of tax-filing deadline, the Franchise Tax Board abandoned its campaign to get California property owners not to deduct a portion of their real estate taxes. "We have removed material from our...
Baja La Jolla
Schools are Kate Sessions and Mission Bay HS, but this house is within 100 yards of La Jolla. Close enough? Link to listing.
REO-To-Rental Analysis
Key points to whether the REO-to-rental plan is attractive enough for investors, from HW: Any long-term REO-to-rental strategy will need to adopt extensive refurbishment plans in order to resell the assets. Further, much of the foreclosed property that financial...
More Foreclosures?
I've been hearing it over the last week or so (really it's been over the last few years!) - people telling me that they've "heard" that more foreclosures are coming. This nonsense is driven every year by RealtyTrac, a company that SELLS FORECLOSURE SUBSCRIPTIONS....
A Salvage
If you are down around the airport and the Purple Club isn't for you, go a couple of blocks over to this joint for home decor:
Do Looks Matter?
Hat tip to SM for sending this along, from BigThink.com: I am trying to sell my house at the moment in a particularly hot local housing market. The market isn’t the only thing that is hot. So is my agent. It turns out that her attractiveness could be very good news in...
Foreclosure Song
Thanks to daytrip for sending this in: