Transcript: Interviewer: You don't think housing is on the road to recovery? Shiller: I think it might be. There are a lot of positive indicators. People tend to overreact to these, and if you look at the trend down since 2006, it's a pretty strong trend that we have...
Month: September 2012
Not Many ‘Bank Deals’
Are you wondering how this strategy of banks-not-foreclosing is working? Here are the counts of active listings of detached homes around NSDCC: Town REO SS Non REO/SS Carlsbad 3 19 208 Carmel Valley 1 3 111 Encinitas 0 3 101 DM/SB/RSF 3 4 304 La Jolla 0 2 164 Totals 7...
QE3 To Facilitate Next Bubble?
From David D. at FDL: Analysts have tried to parcel out whether QE3 will really help the economy. The way almost everyone looks at this is about the impact on housing, specifically mortgage prices. But mortgage rates haven’t changed at all since the announcement of...
BofA Not Foreclosing
Hat tip to HW for publishing this story, but I'm not sure that they or Barclays grasp the full meaning - that banks are deliberately letting defaulters live for free.....for years. Loans serviced by Bank of America tend to remain in the 90-plus-delinquency state for...
Rising Prices – Will They?
With all the action we've been having, shouldn't prices have been going up by now? We've been through an unprecedented four years, and Rob Dawg said it early on - forget all previous assumptions and expect the unexpected. First let's review the easy reasons why...
Realtor Short-Sale Fraud
The previous video acknowledged a good realtor doing it the right way, but unfortunately there are still plenty of bad apples - and they are allowed to run loose. What could happen? The Attorney General could get involved, and convict some of the offenders of...
How To Short Sale
It is a pleasure to find an agent doing it right - and look how buyers respond:
More Modular
We should be seeing more applications of the modular home, especially for remote areas. Here's another that starts their base pricing around $200/sf, and goes up from there: For those who are interested, they are having open house in Joshua Tree this weekend, where...
Really Warm Weather!
SD August Sales
From the utsandiego.com: Last month was the busiest month for San Diego County homebuying since 2006, while home prices continue to hold at four-year highs, Thursday's DataQuick report shows. The county in August recorded 3,981 residential sales, the highest level...