The last time I saw Rod Piazza was at Poinsettia Park in Carlsbad at a Friday Summer Concert Series show - he's still playing SoCal too; on New Year's Eve, the band will be in Arcadia: http://www.themightyflyers.com/schedule.htm (starts at 1-min mark):
Holiday visitors to San Diego might take a liking to our fair city, and wonder about our real estate market. They may want to see a few homes for sale to sample the local fare. A few thoughts for the unfamiliar: 1. The local inventory has been picked clean. Market...
An incredible display of human ingenuity - hat tip to TG!
If these home-auction companies spent $100 million per year on advertising, they could go mainstream - and pressure realtors to justify their existence. Thankfully, sellers resist anything that sounds like they might give it away:...
For those who didn't see it the first time around in 2011:
Lots of poking around, but no mention of sellers asking too much: http://dqnewspressreleases.blogspot.com/2014/12/november-southland-home-sales-press.html "Southern California home sales are closing on a low note in 2014,” said Andrew LePage, data analyst for...
There's been a lot of hullabaloo about the Fannie/Freddie decision to drop the minimum down payment from 5% to 3%. But the 2% difference will have virtually nothing to do with the decision to default. If a homeowner is going to walk from a 3% down payment; they will...
The current inventory is 7% higher than it was last year at this time, but with mortgage rates under 4% for the first time in a year-and-a-half, the market should get off to a quick start in 2015. The UNDER-$800,000 Market: Date NSDCC Active Listings Avg. LP/sf DOM...
Why stop at 3.25%? Let's just lower mortgage rates to 2.5%! http://www.housingwire.com/articles/32330-baml-oil-declines-could-fuel-lower-mortgage-interest-rates-in-2015 An excerpt: An examination of break-even inflation rates suggests sharply lower oil prices are a...
The politicians, talking heads, and NAR pitchmen think that tight credit is to blame for a lackluster housing recovery, but those of us on the street know the local market has been red hot with demand. The strict underwriting is more of an annoyance that anything,...
