For golf legend Phil Mickelson, the low 60s makes for a great score on the links — and a lousy tax rate in his home state of California. Mickelson said “drastic changes” are ahead for him due to federal and California state tax increases that have pushed his tax rate...
Month: January 2013
Realtor Talk
Hat tip to WC for sending in this realtor story - here are excerpts: “I’ve never done an open house. I don’t need to. Those are for agents who don’t know how to get business on their own. I have a large sphere of influence. I’m an extrovert. When I walk into a room, I...
Leucadia Multi-Gen
If you had three generations trying to fit into one house, this might work:
The New Abnormal
Real estate agent Alan Castillo recently listed a client's fixer-upper in Granada Hills for $278,250. It was only 1,600 square feet -- but it drew 128 offers, most of them in cash. The final selling price, after all of 10 days on the market? $377,872. "I was very...
Actives/Pendings
We've compared active listings to pendings, and have seen how a 2:1 ratio is where a market seems healthy and balanced. Here are the active vs. contingent/pending listings of detached-homes: Region/Area ACT listings C+P listings Ratio NSDCC South 664 398 2.95:1 NSDCC...
Stopper
Flippers will be all over this bank-owned La Jolla view property - cash only:
Manti Te’o and Journalism
The Manti Te'o hoax exposes how journalists rush to publish a story. The public has come to accept the shallow, TMZ-type sensationalism, and rarely do you see any in-depth examinations of topics that deserve such. Here are real estate topics that should get more...
La Jolla Double
Standard fare for La Jolla in this video:
Bank Incentives For Short Sales
There are all kinds of incentives available to short sale sellers throughout the United States. Those incentives range from a few thousand dollars all the way up to $35,000 (enough to pay for some of your kid’s college education). Here’s a summary of the most common...
Homebuyer Tips
According to a recent survey, people who belong to the Generation X and Generation Y demographics haven’t been deterred by the housing market downturn at all. A Better Homes and Gardens Real Estate survey last summer of 1,001 Americans between the ages of 18-35...