Yesterday we saw how the number of short-sale listings were dropping off around our north county coastal region, in spite of the expiring relief on debt-tax. In the New Age of Coddling, we have seen the government devise several programs to rescue distressed...
A brief tour through the end of Del Mar Mesa Rd., where 13 lots are selling next to the future Alta Del Mar. The ADM semi-custom tract home prices will range from $1.5 to $2.4 million, and their estate lots will range from $700,000 to $2 million. It is incredible to...
The extension of the debt-tax relief act is still up in the air. There have been several bills submitted, and everyone from the N.A.R. to the nytimes.com thinks there is a good chance that our Congress will extend it....but will we need it? Did the threat of it...
Pay cash for your next home or get a mortgage? Some wealthy home buyers are choosing both. It’s called delayed financing, in which buyers pay cash for a home and then take out a mortgage soon after closing. Rarely used even two years ago, experts say it has picked up...
The T-Bros have sold 41 of these, and are content to let the market come to them. They don't have standing inventory - like SP, they are building to your order, which adds an extra two months for permitting to the usual 6-month construction completion:
A reader sent in this note about selling a 1,190sf house in South S.F. listed for $549,000: Jim- Hope all is well with your mom. If you make it back up here on a social visit and have some time let me know. Just thought I would let you know I survived, and the house...
Bank of America Merrill Lynch revised its housing forecast upward due to a better alignment of supply and demand, and now predicts the S&P/Case-Shiller Index will increase by 5% in the fourth quarter over 4Q 2011. That translates into an average price gain of 2.1%...
What will happen in our local real estate market in the coming months? The election results give the impression that we can expect more of the same - low rates and mortgage-rescue programs. Our inventory is going to keep its same ultra-low appearance because the good...
If you like McMansions on decent-sized lots and warmer weather, Stonebridge in Scripps Ranch might be your cup of tea. These days I think all builders are going to struggle selling their interior lots - buyers will gladly pay view premiums, but expect bigger discounts...
How have home prices fared during the last administration? Here are the Top 10 cities (and the only cities) with an increase in their Case-Shiller Index between January, 2009, and August, 2012: City/Area % chg in CSI since 1/2009 San Francisco +14.4% Washington D.C....
