Hat tip to First Time Renter for sending this in!
Rotating House
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Month: October 2012
NSDCC Distressed-Sales Gap
The gap between SD distressed and non-distressed pricing appeared to be widening yesterday. Can we get a glimpse of what to expect for the rest of the year by analyzing the current pendings and contingents? How do they look around North SD County's Coastal region? We...
32% Justify Strategic Default
Here's another ivory-tower type who doesn't look hard enough to see that what's needed is market cleansing. The housing crises seems to have led Americans to take a less critical view of strategic default. According to a recent survey that polled 1,026 U.S. adults,...
Woodshed
Frustrated buyers are willing to have more tolerance these days, as long as there is some acknowledgement in the price. But sellers can help themselves out too: (Humor included at end, not political opinion.)
Suspicious Evidence
The latest C-L HPI came out on Tuesday, reporting the price increases in each market. They have two categories, the full-market number that includes "distressed sales" (short sales and foreclosures), and then another index that excludes "distressed sales". We don't...
Lowest Inventory Count
Housingtracker reports that San Diego inventory is down 32.6% year-over-year: San Diego Inventory: "Housing inventory in San Diego, which is typically highest in the spring/summer and lowest in the fall/winter, peaked at 21,075 in August 2006. The lowest housing...
A Lot More!
For buyers, these will be easy to ignore, but they are part of a disturbing trend. Can sellers unite on price, and hold out? If so, it will be a very long cold winter - unless buyers are willing to pay more! I mis-spoke on the first one, it was only on the market...
Future of Bubbleinfo
I've received emails regarding the previous post about the comment section: https://www.bubbleinfo.com/2012/09/27/comments-off/ I appreciate the well-wishes, and have a few thoughts: I intend to keep this going. I don't think the format will change much, but...
Getting Ready to Sell
Are you thinking of selling your house? Let's review Jim's Tips for Getting Ready to Sell: FIX-UPS - Do any home improvement before you go on the open market, because the most qualified buyers will visit in the first week - and the most motivated on the first day. ...
QE3 To Help Housing
The third round of quantitative easing will raise the stock market by 3.1% and home prices by nearly 2%, assuming the program lasts through 2013, researchers at Deutsche Bank assert. But not everyone agrees that the move with translate to helping the average American....
