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.
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Year: 2014
‘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...
ADM Next Phase Release
The next release is scheduled for this weekend, and they are busting loose. Previous phases have had 4-5 houses released for sale, but this week NINE will be hitting the open market. There are dozens of people on the priority list, but none of these are canyon-front...
Mortgage-Debt Tax Relief
Yesterday I saw a for-sale sign in front of an upcoming REO listing. It made me wonder, "How many REO and short-sale listings of detached-homes have we had this year around NSDCC? Here are the counts: REO: 5 Short Sales: 43 Non-distressed: 3,516 There's not much...
