From NMD: As the housing crisis unrolled the Department of Housing and Urban Development (HUD) and the two government sponsored enterprises (GSEs) Freddie Mae and Fannie Mae came into possession of more and more properties thorugh foreclosure. As of September 30,...
Hat tip to SD Squatter for sending in this article from the wsj.com: LADERA RANCH, Calif.—Rising home prices have fueled the return of a practice that some blamed for inflating the bubble: house flipping. In California, the number of homes sold in recent months that...
From cnnmoney.com: In a dramatic about-face for the housing market, sellers are now calling the shots. A survey of more than 2,000 Americans found that 33% of the 365 who were searching for a home have been on the hunt for more than a year and many were willing to...
Comments from two readers: 1. Can you please cover one more buyer anxiety – this one’s personal for me? I think that, after the artificial supply suppression and/or institutional investors are gone, the prices will drop. However, I’m not sure how far. So, my fear is...
A good week for NSDCC sellers - there were 70 new listings inputted since 5/23/13, and 84 new pendings! Sixty-three percent of the new listings, and 73% of the new pendings were under $1,200,000. The UNDER-$1,200,000 Market: Date NSDCC Active Listings Avg. LP/sf DOM...
Little Hurricane began in early 2010 when front man Tone, and drummer CC met via Craigslist and have been creating dirty blues together since. By coincidence, both members lived on 30th Street in North Park, San Diego. They found a common interest in unique and...
SOLANA BEACH — Atop the ocean bluff are the homes of those fortunate to own a piece of land overlooking the dramatic California coastline. Down on the beach are the surfers, swimmers and beachcombers lucky for a sliver of sand that skirts caves and coves in this...
When homebuying, the usual recommendations are to get pre-approved for financing, receive auto-notifications of new listings, see a lot of homes in person, and work with a good agent. But once you get in the game, the frustration mounts. You've been looking at houses...
Two posts ago it was suggested that buyers are feeling anxious due to increasing prices, and it is definitely a real concern. But the buyer anxiety is being fed by a number of other reasons too - things that are just as annoying! Other Causes of Buyer Anxiety Few...
The Case-Shiller Index is 2-5 months old by the time it comes out - do we even need to cover it? These are the seasonally-adjusted numbers, the NSA had the same +12.1% increase too: March 2012: 151.77 Feb. 2013: 166.85 March 2013: 170.19 M-O-M = +2.0% Y-O-Y = +12.1%...
