From the latimes.com: Everyone knows that in real estate, it's location, location, location. So San Diego real estate agent Marco Manuel Luis arranged for a couple to buy a home in exclusive Rancho Santa Fe for more than $2 million. But now, because of his role in...
Month: August 2012
Not Enough Frenzy
This is a good example of trying to stretch the comps, and get more out of a view than possible.
Napa/Sonoma
Thanks to daytrip for sending this in! Villa Sorriso spills over the Mayacama Mountains between Napa and Sonoma Valleys. Stucco and limestone envelope close to 20,000 square feet of living space: 5 suites, library, theater, elevator, cellars for art and wine, bridge...
San Diego Case-Shiller Index, June
From the S&P Dow Jones press release: “The National Composite rose by 6.9% in the second quarter alone, and is up 1.2% from the same quarter of 2011. The 10- and 20-City Composites closely mimic these results; the 10-City was up 5.8% over the quarter and the...
Millenials and Homebuying
From theatlantic.com: Millennials, of course, are sharing more than transportation: they’re also sharing living quarters, albeit begrudgingly, and with less gee-whiz technology involved. According to Harvard University’s Joint Center for Housing Studies, between 2006...
San Diego #2 Lowest % Distressed
From CAR - scroll down to chart showing SD County #2 in state; only San Mateo County is lower: LOS ANGELES (Aug. 23) – A continued shortage of available homes on the market impeded California pending home sales in July, but pending sales were still higher from the...
Developing Leucadia
Once they got the prices under a million ($795,900 to $975,900) these started selling - only 1 left!
In Search of Rising Prices
This comment was left yesterday regaring why price statistics aren't going up: With prices on distressed sales so much lower on a $/sf basis could they be masking gradually rising prices in the Non SS&REO sales? Are different segments of the market going up in...
Hi-Rise Parking Solution
Hat tip to Joe for sending this in, from treehugger.com: At first glance it is a bit ostentatious, having your Maserati in your living room and a car elevator to get it there, but in some ways it makes sense. Underground parking is expensive to build and inefficient,...
What Does JtR Do?
For those who wonder about the benefit provided by JtR, this is a good example. Everyone had passed on this house for a year, even though it was one of the cheapest in Solana Beach west of the freeway. One of the biggest hurdles was the listing agent - he was an old...