Though this video has a dramatic backdrop - the 7,459sf REO listing high on the hill in La Jolla - the goal is to showcase Kayla's first real appearance on Bubbleinfo TV. Don't miss the last five seconds:
Kayla on Bubbleinfo TV
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Month: July 2013
JJ Cale
We lost a great one on Friday - JJ Cale, from Valley Center. Cale wrote 'After Midnight', and 'Cocaine', both made famous by Eric Clapton, and the two of them collaborated on the album, 'Road to Escondido', which won a Grammy in 2006. Here's a song made famous by...
Short Sales Winding Down?
Fannie Mae's new requirement that all HAFA short sales to be active on the MLS for at least five days amounts to shutting the barn door after the horses have escaped: On or after August 1, 2013, all properties being considered for a standard short sale/HAFA II must be...
Zestimate
This video gets a little geeky but if you wanted to see more San Diego stats plus a good explanation of the zestimate from Zillow's economist, check it out here (they update the zestimate on every property in America three times a week!): US Zillow Home Value IndexUS...
Eminent Domain – Mortgages
Hat tip to daytrip for sending this in from nytimes.com - an excerpt: The power of eminent domain has traditionally worked against homeowners, who can be forced to sell their property to make way for a new highway or shopping mall. But now the working-class city of...
SD Case-Shiller May +17.3% Y-O-Y
The San Diego Case-Shiller party keep raging in May, though the nationally the pace has "cooled'. Here are our recent improvements: Month M-O-M Y-O-Y March '13 +2.0% +12.1% April '13 +2.8% +14.7% May '13 +3.2% +17.3% "The report was unlikely to alter economists'...
Zillow and the Future
Spencer was in town today discussing the Zillow features. www.zillow.com These are mostly things that NAR, CAR, the MLS systems, and major brokerages have ignored or tip-toed around, but Zillow doesn't seem to care any more - they are going for it. They are throwing...
Inventory Watch – Two Hot Weeks
For more perspective on the current inventory, consider the closed escrows over the last 30 days. There were 150 NSDCC detached homes sold under $1,200,000 in the last 30 days (avg. $336/sf), so we can call the 262 actives about a 1.75-month supply. There were 91...
Buyer Failed to Perform
A reader asked about a comment seen in the MLS remarks on a property that just came back on the market. "What does 'Buyer failed to perform....' really mean? It can mean anything, right? Yes, because if the escrow failed due to the buyer's job transfer, divorce, or...
Market Snapshot
Open house over the weekend provided more reminders of the following: Buyers are educated - they know the comps. Buyers hope that higher rates mean lower prices. Buyers are resigned to paying more than last year. Those that will benefit, and could see values continue...
