The last holdout, Edward DeMarco, caved today on forbidding principal reductions, from HW: Federal Housing Finance Agency Acting Director Edward DeMarco said principal reductions done under larger incentive payments from the Treasury Department would save Fannie Mae...
Hat tip to 'just some guy' for sending this in, from the latimes.com: Dina and Irl Cramer were looking at the little-used pool behind their Manhattan Beach house when they realized: "It would be really nice to have a garden," Dina said. But rather than simply...
The sellers who can price their home properly will be getting plenty of attention and have no trouble selling for the next few months. The current inventory is picked over, and every buyer and agent is combing the new listings, hoping that today is the day they'll get...
At the far east end of Carmel Valley's 92130, you can buy a house for $218/sf - though it is in the Poway school district. Kids on this street go to Westview High School, which rates a 10 at the greatschools.org website, while Torrey Pines is still has an 8 score. ...
We're up to 292 responses to last week's survey, thank you readers! Here are some of the comments: I know prices are never going to be as low as I would like because of demand and bank and government collusion but I would appreciate it if Jim could focus more on...
Thank you for enduring!
How about a second home at the beach?
My new listing in the premier tract in SW Carlsbad, the Bay Collection:
Here's another great example of realtor/banker ignorance. This was listed as an REO in November for $599,900. But the agent was from out-of-county, and inputted the listing onto the LA/OC MLS, thinking that it was the same as our San Diego MLS. They gradually lowered...
America has many spectacular sites but this property is unique among them. The site is located at an elevation of 9,200 feet and had already been excavated for a discontinued residential project. Our normal preoccupation with not impacting the landscape reverted here...
