For those who like to be within walking distance of a Whole Foods, a margarita, or a cup of coffee but don't want to afford the typical ritzy/expensive Del Mar address, check this out. The big remodel/addition is wrapping up, and there should be some new buzz around...
Month: July 2012
Tom T’s Foundation Work
Here's a look at the construction of Tom Tarrant's raised foundation for his South Park Spec House in San Diego - coming November 2012. "We dug the footings with a mini excavator, built the forms with wood, tied in over 4000 feet of rebar and then pumped in 50 yards...
Solana Golf
Wouldn't you want to live in a one-story house on the golf course? It sounds great in theory, but how many of those do you see for sale around the coast? The supply-and-demand alone might be strong enough to propel a sale here:
CV-DM-SB-RSF Rally
While it has felt like prices have been going up this year, the average-cost-per-sf has been bouncy around the higher-end of NSDCC. The average LP-per-sf is down a couple of ticks, and the average SP-per-sf is trying to get back to last year's trend. These are the...
Eminent-Domain Profits
This is excerpted from the wsj.com and includes the paragraphs on how profits are determined. The homeowner is left at 100% LTV, old investors lose their shorts, new investors make 20% to 30%, and the guy who thought of it rakes in 4-5 points per deal: Tapping the...
Willing To Take a Risk?
Remember the landslide on Soledad Mountain in 2007? There had been at least one previous landslide in the same area, back in 1961 when they were building these houses. This flicker has photos of both:...
Making An Offer
I heard about someone who made a full-price offer over the weekend, and is still waiting for a response. It makes you wonder what it will take to buy a house these days! In this case there were other offers already on the table, so it was a smart attempt to try and...
Frenzy Patrol
This first house has been for sale since early 2005, when listed for $5,499,000 during construction:
Bottom or Bouncing?
From MND: There was general agreement on the increase in home price levels in May in data released from by two different sources this morning. The Federal Housing Finance Agency's (FHFA) House Price Index (HPI) showed seasonally adjusted home prices up 0.8 percent...
Kitchen/Living Room
http://www.cultivate.com/projects/warwick-group/beverly-hills-residence Once one has cooked with professional chefs and owned a popular tearoom on Rodeo Drive, one tends to expect a higher level of functionality from her home kitchen. This was true for the Beverly...