Hard to believe that Paul McCartney is 70 years old - this was released today:
Month: December 2012
Flying T
I didn't know who owned this house until I got back to HQ - nicest house I've ever seen in the tract. The highest sale on the street was $1,340,000 in 2007, so the list price would be about right (-24%). What has changed is how buyers feel about the oceanfront thing:...
Mold Burn
A 15-year old mansion built by former NFL star Rod Kush in Gretna, Neb., was reduced to smoldering rubble on Sunday after firefighters set the abandoned home ablaze as part of their training. The ostentatious, 14,000-square-foot former home of the ex-Buffalo Bills...
More Traditional Sales
Are there more, or less 'bank deals' being closed around SD's North County Coastal region? About the same - in fact, last month was exactly the same YOY (32 REO/SS), just a different mix: The overall 30% increase in sales was entirely due to more traditional sellers...
The Bubble’s Full Circle
Barratt's old Nantucket tract, foreclosed by BofA and then given to Shea Homes for $3,975,000 in March, 2011, is almost completed. This one Leucadia tract exemplifies the bubble experience from the peak in 2007, to where we are today. The house for resale featured...
2013 = Wait-And-Seers?
The ultra-low mortgage rates have certainly contributed to our late-season run, which really kicked off at the end of summer. Here are the NSDCC detached-home monthly sales counts: But another contributing factor could be the buyers who were waiting for better deals...
Higher Prices in CV
The last homes in Carmel Valley's Derby Hill were built in 2009, and less than half of those were canyon-front. Since then there has been no high-end new homes built in the 92130. Pardee's Alta Del Mar is going to bust loose in February, selling estate homes and lots...
Getting Top Dollar
Are you thinking of selling your house? Do you want top dollar? It is OK if you don't want or need top dollar. Because if you want to offload your house quickly, there are many who will buy it outright, or agents who claim that they will pay you CASH for yours, if...
Another Housing Bubble?
It's hard to resist jumping on the another-bubble bandwagon when you see houses selling for peak prices and higher - and see sales increasing at the same time. It feels like full-tilt boogie! Let's compare the differences between now and the last bubble: Most obvious...
Del Mar Hilltop
In September, 2010 the City of Del Mar auctioned off a half-acre hilltop lot. Here's how it looks today, with a flashback to the actual auction (auctioneer got 10%): Here is the city's original youtube marketing:...