When it comes to flipping a 10,000-square-foot mansion on a prime piece of Santa Monica real estate, a simple open house with hors d'oeuvres and soothing background music has apparently become blase. In what city staff calls "a new kind of commercial activity for...
Month: October 2012
Realtor Survey
A new survey of realtors was released today (see below). Here are my answers: 1. Is Now a Good Time to Buy or Sell in Your Area? A. It is a great time to sell, as long as you can live with today's prices. Sure, potential sellers can believe that it's better to wait...
NSDCC 4Q12 Forecast
How is this year going to wrap up? Since springtime, the number of NSDCC detached-home sales have been stronger than the last couple of years, and the average cost-per-sf statistically has been range-bound, even though it feels like prices have been going up slightly....
Stucco Mania
Even after seven years of landscape growth, the close proximity of these homes is still obvious:
Short Sales in 2013
Let's look forward to future closings - how do the active, contingent, and pending listings stack up? San Diego County All-Residential MLS listings: MLS Listings Actives % of Mkt Pend/Cont % of Mkt Sold6mo % of Mkt SD REO 240 4% 430 5% 2,381 15% SD SS 466 8% 4,473 49%...
Big Dive
There are only three active listings of bank-owned houses in North SD County's Coastal region - population approx. 300,000! Here's a video tour of one of them:
REOs vs. Short Sales
We have been told that banks and servicers are now using short-sales, instead of foreclosures, as their primary defaulter-disposal method. It appears that the conversion is well underway in San Diego County - here are the number of residential distressed-sales and...
Record Number of Tax Bills
County Treasurer-Tax Collector Dan McAllister has mailed the 2012-2013 Secured Property Tax Bill. This year, 980,654 San Diego County Property Taxpayers can expect to receive their new bill. This represents an all time record high number in tax bills being mailed to...
Value Near CV
A video tour of a WFB REO in the south end of 4S Ranch, 92127:
Del Mar Contemporary
If you like the super-chic, hip, funky, unique contemporary look, watch this: