From the latimes.com - thanks daytrip: http://www.latimes.com/business/realestate/la-fi-distressed-loan-sales-20140911-story.html An excerpt: The protests over the FHA Distressed Asset Stabilization Program are the latest ripple in the wake of the foreclosure crisis,...
Month: September 2014
Carlsbad’s Downtown Plan
From the utsandiego.com: http://www.utsandiego.com/news/2014/sep/09/carlsbad-village-barrio-master-plan/ CARLSBAD — Carlsbad is set to host a series of events beginning Wednesday asking the public to share their ideas for future development in the Village and Barrio...
More Random
There is a tease in here that wifey will make an appearance, but my camera got turned off - hopefully it'll be in the movie. But she has promised to share a few thoughts on camera here soon.
‘Control Fraud’
Here's a fascinating story about the prosecution of people who defaulted on liar loans they obtained in 2006. The U.S. Attorney accused of them of mortgage fraud, and the defense attorneys - some appointed by the state - made the case that banking executives intended...
NSDCC August Sales
This may be a preliminary look, but there won't be many more late reporters. Agents are supposed to mark their sales closed within 48 hours, and we're a week out. But even considering the typical end-of-summer slowdown, it looks like sales are plunging. Today, the...
Inventory Watching Football
The number of NSDCC active listings has risen 8% since the first week of June, and sales are slowing. Unless there is some price adjustment by the sellers, we're in for a stagnant 4-5 months. - Go Chargers! The UNDER-$800,000 Market: Date NSDCC Active Listings Avg....
Be Prepared
Thanks daytrip! http://www.latimes.com/local/la-me-adv-bel-air-disaster-20140905-story.html Tucked beneath green tennis courts in a hidden corner of Bel Air Crest, a 10-by-20 shed holds enough emergency equipment to stock a small hardware store — a 13,000-watt...
Home Improvement on a Budget
Home improvement doesn't have to be a daunting and expensive endeavor. Ingenuity and the internet will take you a long way! Here's an example of how to turn a drab-looking 1970s townhouse into a chic, modern home without spending millions!
Case-Shiller Compared to Peak
Nick at the WSJ showed how the Case-Shiller Index increases are slowing, though it is worth pointing out that the index is still rising. I don't think prices are rising much if at all, but the index is rising:...
3D-Printed Houses
Hat tip to daytrip: Architects around the globe are racing to build the world's first 3D printed houses — a breakthrough with profound implications for housing affordability and customization. In China, a company named Winsun this year said it built 10 3D printed...