Last week we saw the recent NSDCC sales history - how does it compare to previous years? Here are the sales stats from the first four months of each year, going back to the beginning of the 2-out-of-5-year capital-gains tax exclusion - which helped trigger the ensuing...
Month: May 2015
Kitchen-Sink Foreclosure Avoidance
Hat tip to daytrip for sending this along: http://www.vice.com/read/this-former-bank-regulator-quit-his-job-to-fight-for-his-house-518 Eric Mains is fulfilling a dream many Americans have had since the onset of the financial crisis seven years ago: He's attacking...
No Excuses
Recently a seller (through their listing agent) was justifying their full-price counter-offer with a pending model-match that they said was in escrow at $15,000 OVER its list price. The pending listing was in an inferior location and had no obvious features that would...
Inventory Watch
I was gone over the weekend - thanks for a couple of days off! The action remained hot and heavy, with 109 new listings, and 80 new pendings in the last seven days. It was the first time since July that we had 100+ new listings three weeks in a row, but nobody is...
More Real Estate Movies
Real estate videos are going Hollywood! They were asking $7 million for this one, but no takers: http://www.zillow.com/homedetails/7080-W-Mulholland-Dr-Los-Angeles-CA-90068/95599733_zpid/ This sold for $1,617,500 in March, 2014, and after some work it was relisted for...
NSDCC 2015 Sales, First Third
Sales this year have been brisk around North San Diego County's Coastal region. In spite of higher pricing, sales in the time period from January 1st to April 30th are 7% higher than last year! Here's how the first four months of this year compared to previous years:...
B.B. King
Unfortunately, 89-year old B.B. King is not long for this world, and the fight over his assets has already started: http://www.forbes.com/sites/trialandheirs/2015/05/12/family-members-of-b-b-king-are-singing-the-blues-in-court-battle/
Las Vegas
They started at $19 million, now down to $12,500,000: http://www.zillow.com/homedetails/7-Sable-Ridge-Ct-Las-Vegas-NV-89135/112470936_zpid/
Realtor.com Has New Ads
Are they using my name in vain? Zillow has 140 million unique users in March, and 103,415 agent advertisers - how 'bout you realtor.com? http://www.housingwire.com/articles/33871-realtorcom-launches-all-out-offensive-in-online-listings-war-with-zillow
More Crowdfunding for Real Estate
http://www.cnbc.com/id/102667711