CoreLogic said that while the data point to continuing price appreciation, the overall national rate of home price increases is projected to decelerate in 2013 from 2012 levels. The CoreLogic Case-Shiller Indexes project a 2.5 percent home price increase in 2013, as...
This is one of the few places where you can find newer, larger one-story homes on good-sized lots. No wonder it blew of the market in the first few days, and over list price!
This is a big one......watch out! REDDING, Calif. -- A man accused of cheating North Coast residents out of hundreds of millions of dollars in what prosecutors characterized as one of the largest real estate Ponzi schemes in California history has been convicted by a...
Here is a glimpse behind the curtain of short-sales, and a very typical example of what is happening in the field. Comment on what you think occured here: http://piggington.com/short_sale_advice_needed
The Vandals formed in 1980 in Huntington Beach. The band quickly built a reputation in the LA and Orange County punk rock community which also included bands such as Bad Religion, Descendents, Black Flag, T.S.O.L., the Germs, X, Suicidal Tendencies, The Dickies, and...
A tour of the most-recent listing of a CV canyon-front home, in DH. I saw the house on Raven Hill that sold for $1.9 million, and I liked this backyard better:
Hat tip to DOB for sending this in: The pro-tax politicians in the Legislature continue to threaten Prop. 13, homeowners and small businesses. Today at least 7 bills that would directly undercut various provisions of Prop. 13 will be heard in committee. If approved,...
Why does a frenzy only last for a year? Because of the sellers' disease. Reader Sue left this comment: In Carmel Valley, I’ve seen some very premium Lexington’s go for a high price ($1.9m) but they were on extremely large view lots. Afterwards, it seemed like anyone...
The last time the market took off, it was for different reasons (easy money, shorter-term thinking, and more move-ups), but the market psychology should be similar this time around - because buyer exhaustion is inevitable. Here is how it looked then - during the first...
How do you know if a house will attract a frenzy? You often see in the MLS remarks the now-standard comments like "this won't last" or "reviewing all offers on Monday"; whose intention is to make you think it's a hot buy. But now that virtually every listing says...
