From HW: The negative equity problem for U.S. homeowners might be worse than previously thought, at least according to a new measure from Zillow. The online real estate data provider, in its first negative equity report, said 15.7 million, or 31.4% of homeowners were...
On the tax rolls, it looks like they facilitated a short sale without having to put the house on the open market - there were no previous listings in the MLS:
We might still be having some newcomers joining us as a result of the Realtor Magazine article, which was posted on the NAR website last week. The actual magazine just arrived at my house yesterday by mail. Welcome agents! Let's discuss the publishing of each agent's...
In 2001, Davidson Communities won the Grand Award for Community of the Year for their tract called Bougainvillea at Del Mar Mesa. Here is an example of the 3,928 sf, one-story plan:
The gimmick known as 'value-range pricing' got it's American start here in San Diego years ago. It's when a listing agent and seller decide to offer the house with a price range, saying, "sellers will entertain offers between $999,000 and $1,100,000". Range-pricing...
Hat tip to daytrip for sending this in, more details on the corruption case from the latimes.com: A former Los Angeles County property appraiser was taken into custody in Oregon on Monday, accused of falsifying documents and unlawfully lowering property values by $172...
This may look attractive to those with a narrow focus - but for most buyers, what you can buy elsewhere with this money is a primary deterrent:
Reader RJ from CT pointed out this post by Chris, and he wondered the same: http://christopherfountain.wordpress.com/2012/05/17/fools-rushing-in-or-a-genuine-market-recovery/ How can there be a real estate revival when the State of California has $875 Billion in debt...
The house on one corner is a fairly straight-forward sale of a rental property owned by a seller who listed for an attractive price. It sounded like this going to end up in the mid-$600,000s (in spite of the shenanigans across the street).
This is the real Leucadia - no sidewalks, big lots, multiple remodels, and funky stuff everywhere!
