From DSNews.com: As home prices improve and headlines spell out recovery, those on the ground in housing markets across the country are encountering a new threat: “zombies.” These so-called “zombie” foreclosures take place when a bank initiates foreclosure on a...
Once home values started declining, the San Diego County tax assessor started revising downward the assessed values of properties bought during the peak era. Many were a results of requests made by homeowners, but the assessor's staff also revised some voluntarily. ...
We tried everything possible to sell this for enough to cover the notes, but other agents giving away properties around us prevented us from doing any better. There have been two BPOs completed that were in this range, and the bank couldn't wait any longer - so this...
A brief preview tour of Richard's new listing off Sorrento Valley Blvd. The 1,902 sf house next door closed for $757,500 on August 13th. We're offering a 4 br/3 ba, 2,178 sf house (with a downstairs bedroom/full bath) on a 7,971 sf west-facing, canyon-front lot for...
From the California Association of Realtors: LOS ANGELES (Sept. 3) – Thanks to partisan political gamesmanship by the Assembly Appropriations Committee, struggling homeowners who sold their homes in a short sale in the past eight months will be further penalized by...
This is what it has come to in the 92130. Currently there are 30 detached-homes listed under $1,000,000, and most are either detached condos, old junkers, or in the Poway School District - none of which are a bad thing. But if you want to buy a decent, regular house...
The tax rolls say this is 2,358sf, but apparently it didn't bother the buyers - they paid $859,000, which was $10,000 over the top of the range:
An old classic in Mission Hills that has a lot of appeal, but may come up short for those looking for the complete package:
The UT polled their experts on the topic of all-cash sales. Most opined that it is investors who are screwing up the market, and international buyers taking advantage of exchange rates:...
Reader TH asked about the cancelled/expired/withdrawn listings. This year there were 479 cancelled/expired/withdrawn listings in June-Aug, compared to 455 last year. Hopefully the high-enders will pack it in for the holidays, and get the 700+ active listings down...
