Zillow has doubled their advertising budget, now up to $30 million. Their new ad, from the "Stop The Over-Analysis and Let's Feel Good Again" department:
Month: June 2013
Inventory Watch – Steady
The last period had 77 new listings, and 69 new pendings - this period produced a 73:66 mix of new and pending listings. Of the 69, there were 20 that were on the market seven days or less (29%): The UNDER-$1,200,000 Market: Date NSDCC Active Listings Avg. LP/sf DOM...
Risky But Undaunted
There are higher-end flippers - this one paid $940,000:
Father-Daughter
Our big college-graduation weekend is underway. In anticipation of what promises to be an electrifying training experience as KK prepares to take over the family enterprise, Ruby sent this along:
Aviara Townhouse For Sale
My listing in southwest Carlsbad is a good-looking value - you could spend 10% to 20% more in the same zip code and not get a townhouse with this many upgrades or be this close to so many benefits within walking distance:
Golf Flip
You don't see these too often, and well - you can guess what happened:
Former Model @ $217/sf
There are still a few REOs left - this is another PennyMac deal that no one wanted for $878,000 at the trustee sale in March. Must be on the market for ten days before they entertain offers - buyers will be snoozing by then:
San Diego’s Distressed Market
Thanks to daytrip for sending in this article about banks foreclosing on 11% more homes in May than in April: http://www.usatoday.com/story/money/business/2013/06/13/foreclosure-home-price-inventory/2415831/ They haven't got the memo yet in San Diego though - there...
Rank and File
We had this cow-punk band from Texas play at csuf in 1983:
Real Estate Documentary 2
Part Two of the "doc" shoot, with JtR speaking about builders and the changing trend to long-term ownership. People are staying forever!