Remember last time? When you don't have mortgage underwriters being strict with the money, you are entering bubble territory: http://www.cnbc.com/id/102537364 Chicago-based Ben Walhood used to sell brain surgery equipment; on the side, he flipped a few houses. "When I...
Four blog posts in one day:
Have you seen or heard the realtor.com ads? I heard this 30-second ad on sports-talk radio and thought it was standard fare: http://www.realtor.org/audio/consumer-advertising-campaign-real-people-2015-radio-ad Then I saw this ad today on the C.A.R. website: This claim...
Check out the Kia Classic this week, and see Lydia Ko! The pro-am is tomorrow, and the tournament runs Thursday-Sunday. The Kia Classic is next on the LPGA tournament schedule. Anna Nordqvist will defend her 2014 championship on the Park Hyatt Aviara Golf Club in...
It's remarkable how strong the data is for homes sold around North San Diego's coastal region. Most impressive is the number of sales in spite of higher pricing - there isn't much drop-off! These are houses sold between February 1 - March 15 Year # of Sales Median SP...
We haven't been hearing much lately about how tight credit is choking off the housing recovery. Once it was announced that the GSEs were going to purchase 97% loans for the first time is five years (which starts today), the tight-credit talk started to subside. But...
This past week produced a nice pop on the low-end inventory, where we went from 69 to 84 active listings under $800,000 - a 22% increase! But only 14 of those houses are between La Jolla and Encinitas - the rest are in Carlsbad. We had 84 new pendings too - the most...
Hat tip to 'just some guy', who asked if I've had this happen. Yes, and my buyers had to take over the lease but it went smoothly. But could be a potential pitfall for less-engaged buyers! http://www.latimes.com/business/realestate/la-fi-harney-20150322-story.html...
More on the ultra-rich and deals being made around L.A. - thanks daytrip: http://www.latimes.com/local/california/la-me-lopez-otherhalf-20150322-column.html#page=1 It's not uncommon on the Westside of Los Angeles for people to shell out $20 million or more for a...
