The Federal Reserve Board has come up with a new way to analyze pricing trends. They are emulating the Case-Shiller Index, but applying it to the list prices of properties marked pending to predict the eventual sales prices:...
From Forbes: In an effort to simplify the nation’s unwieldy tax code, Rep. Dave Camp (R-Mich.) is socking it to homeowners. His proposal as chairman of the House Ways & Means Committee, The Tax Reform Act of 2014, hits first-time home buyers, jumbo mortgage...
There is an old-school habit in the home-selling business to give the seller a few days after the close of escrow to vacate. Back in the day it would accomodate the cashing of checks, and closing escrows upstream - but with today's standard of wiring funds and...
Long-hair hippie music from 1973 - and better because the audio and video don't quite sync up:
The transformation of Leucadia continues as this former mobile-home park is turned into new housing tracts: http://www.sheahomes.com/community/beachhouse/
Yesterday we saw that the San Diego Case-Shiller Index has been essentially flat since mortgage rates went up at the end of June, 2013. Those higher rates may have tempered the frenzy around the coast too, as sales started dropping off in August. But the average...
The November Case-Shiller Index reading of 194.15 for San Diego was about the same as October (194.07). Today, the December reading was released, at 193.87, which was a decline of 0.1%. The Y-O-Y number is still a whopping +18.0%, but that should continue to taper...
The SP models at Del Sur - a limited-edition collection of elegant estate-caliber homes enhanced by generous interiors and expansive outdoor spaces. The Mello-Roos ranges from $6,600 to $7,200 per year, depending upon purchase price and square footage. They have...
For the analytical folks, compare the December 16th data to today's numbers. On 12/16/13, the two middle categories had the exact same number of active listings. Today, the red-hot $800,000 - $1,400,000 category has 11% fewer listings than on December 16 (though the...
Are you preparing to sell a home this year? Tempted to spread the word quietly? You've probably seen realtors who install their for-sale signs well before inputting the listing onto the MLS. Their intent is to hoard both sides of the commission, not to sell for top...
