They got us right where they want us. From HW: The negative equity problem may actually be pushing up home prices at the bottom of some of the hardest-hit housing markets, according to a report from CoreLogic. The national supply of unsold homes dropped to 6.5 months...
Month: June 2012
Letter-Writing Is Back
Hat tip to T&W for sending this along, from msn.com: Just as temperatures are starting to rise, so are multiple offers on prime properties in some recovering markets. To stand out from the pack, an increasing number of buyers are taking the old-fashioned approach...
Hotly Competitive
Hat tip to Auntie Agent for sending this along, from the latimes.com: The newest problem for the slowly improving housing market isn't a shortage of serious buyers, it's a shortage of good homes. Would-be buyers are packing open houses and scrambling to make offers on...
SB Flip
Obscene profits have been made over the last few years by flipping properties like this:
Sage Creek Principal
From the nctimes.com: The principal who will lead Carlsbad's Sage Creek High school when it opens next year said he understands how important the undertaking is for the whole community. "I've got nothing but excitement, while at the same time, my eyes are wide open to...
Composers
My tastes in music are focused on the more contemporary stuff. W.C. has been covering the progress on the Hall Property park nearby - link here. I checked the park map here, and it turns out that the dog park will be built immediately adjacent to this house!.
NSDCC May Sales & Pricing Up
Detached sales in the North SD County Coastal region were smoking hot last month. The average cost-per-sf has been bouncing along in a 10% range, with a recent spike lately. There were 280 detached sales in May, the highest monthly sales count since 2005 (in red). ...
Carmel Valley Near CCHS
Squatters
A reader sent this in - beware of vacant houses being re-occupied by the bad guys! Hi Jim, My Uncle retired this year and moved out of his house in Long Beach, California to live in Palm Desert. He put his home up for sale a few months ago. My Father lives fairly...
More Mitt-La-Jolla Stories
Hat tip to profhoff for sending this article from the nytimes.com: On Dunemere Drive, it seems as if just about everyone has a gripe against the owners of No. 311. The elderly woman next door complains that her car is constantly boxed into her driveway. A few houses...