They haven't released many details yet, so we're just guessing about strategy and pricing. It seems that they might be selling some custom-home sites too: Red line is approximate location of power lines. Click on image for close-up:
In order to conceal this home from its uphill neighbors a shelf was cut into the narrow slice of grassland located between an access road on one side and the steep slopes of the West Coast on the other. The uphill land extends as a green roof over the underground...
The old steal-the-keys-so-nobody-else-can-show trick:
Livinincali said: It’s definitely going to be a long drawn out process. The biggest group of new defaulters are FHA loans and since the government gets to decide foreclosure on those I expect to see many more years of free rent. FHA Foreclosures would come through HUD...
Excerpted from this AP article: LOS ANGELES -- U.S. homeowners are getting better about keeping up with their mortgage payments, driving the percentage of borrowers who have fallen behind to a three-year low, according to a new report. Some 5.49 percent of the...
From dataquick.com: The number of Golden State homes sold for a million dollars or more rose last quarter to its highest level in almost five years, the result of an improving economy, some price increases and improved mortgage availability. The year-over-year gain...
I represented the sellers of this house, and at the end the buyers wanted the sandbox removed. When this type of stuff happens, somebody has to do it, and besides, I'm always looking for a reason to drive the '66:
This house at the end of the lane has an extra ingredient that should help propel the eventual sale - a 2br/2ba guest house. But verifying the permits for a guest house are usually a challenge on these older homes, and being "grandfathered in" doesn't quite cut it...
They don't ask why foreclosures are declining - did they just stop foreclosing? From NMN: Home prices are rising again due to the slowdown in REO sales and a decline in the shadow inventory of seriously delinquent loans hanging over the housing market, according to...
Here's another seller strategy these days - just wait long enough that other properties around you keep listing higher and higher, and eventually you'll look like the deal. This graph demonstrates the seller exuberance this year, especially in the higher-end areas....
