They nailed these guys for fraud....but only 18 months in jail? This is more than your standard short-sale fraud, and I'm surprised this doesn't happen more often. They just sent in a forged bank reconveyance showing that the mortgage had been paid (when it wasn't),...
The government lowered the down-payment requirements and cut transaction taxes in half - and the market took off. Look at the photo above! Can you imagine a marketplace where bidders are shouting over the counter? I can! Let's auction! P.S. My blog post #5 today....
We haven't heard anything about short sale fraud in a while - here's the latest:
Larry got his knickers in a bunch today with the news that the national sales dropped 7.1% from January to February: http://www.realtor.org/news-releases/2016/03/existing-home-sales-fizzle-in-february Lawrence Yun, NAR chief economist, says existing sales disappointed...
Agents have been receiving dire warnings about our MLS, with taglines that make it sound like the end is near, and no real solutions in sight: http://www.nsdcar.com/your-mls-is-in-jeopardy/ There are people at SDAR who are playing a perverse game of chicken with our...
Holy Cow - we are down to just 37 houses for sale under $800,000! Here are the active and pending listings currently between La Jolla and Carlsbad - have we ever had such hot and cold market conditions existing at the same time? Price Range # of Active Listings # of...
The first posting in this series was on December 12 - let's check in occasionally to see how long recent sellers owned their home before they sold it. This is a review of NSDCC detached-home sales that closed in March, 2016: Year of Previous Sale 1st Review...
Here's our attempt at doing a normal corporate-type video introduction:
There has to be more movement towards smaller living quarters, if for no other reason than to just reduce housing costs. This is really small, but I like the transport-ability: Kasita is a 270-square foot high-tech home designed so people can afford to live in...
The new-listing totals for the early spring season have been virtually identical over the last five years. But the mix has changed dramatically - in 2012, 60% of the listings were under $1,000,000, and this year it's only 35%: NSDCC New Listings between Feb. 1st - Mar...
