Hat tip to Richard for sending in this article - I love these! http://www.msn.com/en-us/money/realestate/shipping-containers-offer-welcome-homes-in-phoenix/ar-BBspl3L?ocid=se PHOENIX — A stack of shipping containers sitting in a lot in an industrial section of Phoenix...
Month: April 2016
NSDCC First Third of 2016
Today we are wrapping up the first third of 2016! We complain about low inventory, but we've had more NSDCC houses listed in the first four months of 2016 than any year since 2011: Year Jan-Apr New Listings Jan-Apr Closed Sales NL/CS Ratio 2005 1,778 958 1.86 2006...
Celebrity Realty
A former sports agent turned realtor: http://www.bloomberg.com/news/articles/2016-04-29/meet-the-jerry-maguire-of-real-estate An excerpt: On the brokerage side, cultivating a list of private listings is key. “There’s a fair share of purchases and sales that are...
New Limit Proposed on 1031 Exchanges
Hat tip to GM for pointing this out - did you know that the Obama Administration has been trying to modify the 1031 exchange rules? Potential sellers of investment properties are already paralyzed by the thought of the excessive taxation by federal and state...
Linda Isle
This is a high-quality production!
High Rents Keeping Lower-End Hot
Do you wonder why the lower-end markets are so hot? I spoke to a potential buyer yesterday who said he wanted to buy because his rent was so high. He is paying $2,100 per month to rent a 2br apartment in Shadowridge. He has lived there for less than a year, and the...
Billy Paul R.I.P.
Prince left us last week, and we saluted him on Saturday. We lost Billy Paul on Sunday, at age 80. Those around in the 1970s will remember his big hit, from 1972. P.S. Love the floor fog here.
Moving the Rich
Buying a luxury home is expensive enough. Moving into it can be costly, too. Many wealthy homeowners hire traditional moving companies for household goods and retain specialty movers to handle things like rare paintings, antique furniture and other high-value items....
Real Estate Disclosures
The finer points about disclosures. An excerpt: When preparing the Transfer Disclosure Statement, the seller sets forth any property defects they know or suspect to exist. Defects to be disclosed in the TDS include any conditions known to the seller which might...
San Diego Case-Shiller Index Feb. 16
February's Case-Shiller Index for San Diego rose by 0.1% over January. Our average of +0.3% per month over the last six months is probably what we can expect for the rest of the year, with the next couple of months being elevated (like in 2015) due to the 'season'....