Hat tip to pemeliza for sending this along from WSJ/Marketwatch: Recent research suggests that properties near foreclosures normally suffer falling home prices, but a new paper from the Federal Reserve Bank of Atlanta challenges the claim. It’s the condition of the...
My new listing in Vista! An active, income-producing ranch now, bringing in around $100,000 per year, with huge potential. Subdivide the lower half into 19 homesites (developers are offering to pay $5 million over time to do it for you), harvest the 10,000 palm trees...
From NMN: The Senate Finance Committee approved a bipartisan bill before summer recess that would extend the Mortgage Forgiveness Debt Relief Act through 2013. The debt relief law spares homeowners who receive principal reductions on their mortgages from being hit...
The CHBR begins January 1st, so the scrutiny should be ramping up. While this is a great article, it ends abruptly because no one can quantify how the CHBR might limit credit availability. If it means down payments will be 4% to 6% larger, that isn't a bad thing for...
A reader mentioned the new Pardee tract in Pacific Highlands Ranch near the existing Brightwater and Hampton Lane tracts, which have been selling briskly (at least in the smaller-sized phases they are dripping out). Here is a brief video tour of PHR:
The North County Times threatened to throw me in the hoosegow if I ever published any of their articles again at bubbleinfo.com. Even though I had helped their reporter Zach Fox with a number of his reports, and the NCT themselves were running my blog on their website...
From Lily at the utsandiego.com: Neighbors and passers-by stopped to gawk. A few snapped photos. It’s not every day you see up to 60-foot-long, factory-built pieces of a home trucked, lifted and stacked over a course of two days. Nine pieces that make up a...
A newer custom home surrounded by several tracts, detached condos, and a has-been resort:
From GC@sddt: Consumers around San Diego County are probably scratching their heads in response to a new report from the Bureau of Labor Statistics showing the region’s rate of inflation is among the lowest in the nation. The report shows that the Consumer Price...
Hat tip to Another Investor for sending this in, from CBS San Francisco: SAN RAMON (CBS 5) – Would-be homeowners have been camping outside a new subdivision in San Ramon, some of them for weeks, in hopes of buying a home this weekend. A new phase of homes in the Gale...
