It's doesn't get any easier for buyers. Either you find yourself caught up in competitive situations, or scared to touch anything that has been on the market for more than a month:
Month: May 2014
Flipper Grande
I would agree that the business of selling homes hasn't changed much. Internet technology has provided great assistance, but nobody has figured out how to replace realtors yet. But outsiders think our industry is ripe for a change. Here's another start-up coming this...
SD Foreclosure Counts
The decline in foreclosures continues, but the pundits and media don't really look into it much further. Here is the best quote they could come up with in this article, linked below (hat tip to Stormin'): "We have now registered two and a half years of continuous...
Cocos Fire
A time lapse film on the Cocos fire:
Automatic Loan Mod
Occasionally, the ivory-tower set comes up with these wacky ideas to have banks share risk with borrowers. Fannie and Freddie may not be interested just due to the complexity, but if a private bank gave it a run with a good marketing push, they might find an...
Arterro Update
At the end of this video is a solution to what might be ailing Phase 2 sales on this side of the street:
Bowie Talks Iggy
Remodeling Instead Of Moving
A real-life example that epitomizes the struggle of many to move up. http://www.bloomberg.com/news/2014-05-28/homeseller-reluctance-worsens-u-s-inventory-shortage.html Excerpts: Jaimie Adler said it’s getting cramped in the Lexington, Massachusetts, house she shares...
Shiller On Market
Robert Shiller says in the video below, "Homeowners seem to be losing interest", though he didn't give evidence or details on why he thinks that - maybe the more-pedestrian price increases? If he thinks homeowners/homebuyers are losing interest because sellers keep...
SD Case-Shiller, March
San Diego's Case-Shiller Index had another nice monthly gain, up 1.34% from February's number. The total gain for the first three months of 2014 is higher than the first quarter total in 2013! The YoY increase is staying among the best in the country too, ranking the...