The U.S. Court of Appeals threw out the $1.3 billion judgement against BofA - here is the story behind it: http://www.latimes.com/business/hiltzik/la-fi-hiltzik-bofa-mortgage-billions-20160524-snap-story.html If I'm ever dragged into court for a financial fraud, I...
Month: May 2016
Pending-Home-Sale Index Surges
A title rep came by the open house yesterday. She said it has been so quiet over the last couple of weeks that she has had people call her cell phone just to make sure it was working! http://www.housingwire.com/articles/37125-pending-home-sales-surge-to-10-year-high...
Broker Preview
After I pitched it at two different sales meetings, we had 30+ people come to the broker's open house today. All we need to do is find the buyer who needs multiple master suites, and appreciates the location/view. Prediction: Someone from Klinge Realty finds the...
Berlin
Thankfully, no musicians died this week, so let's acknowledge Top Gun, which came out thirty years ago. Those of us who are long-time San Diegans remember how popular it was here due to it being filmed locally. The Top Gun house in Oceanside can be seen at the...
La Jolla on a Clear Day
RV Homes in the Yard
I'm surprised we don't see more of these! Hat tip to daytrip! http://laist.com/2015/10/20/this_is_echo_park_at_2015.php We know housing is expensive and it's hard to afford up-and-coming, desirable neighborhoods like Echo Park, but we're not sure about paying $850 a...
Real Estate and Airline Miles
They will still need great agents to produce the best results! Buying a home will probably be the biggest purchase of your life. Imagine earning airline miles for it. That idea was the impetus for FlyHomes, an online real estate brokerage and platform that rewards...
Go All Out
It gets tougher to sell your house every day. Why? Because the competition is so fierce. Sellers are doing more repairs, curb appeal, and staging......and it works. The non-staged homes are left for lowballing buyers who expect a discount - if you can even get their...
New-Home Sales Rise
If this sort of good news holds up, look forward to the Fed bumping their rate again. Mortgage rates have come down since the last Fed hike! From MND: http://www.mortgagenewsdaily.com/05242016_new_home_sales.asp New home sales surged in April after a disappointing...
Dogs and Real Estate
It probably won't surprise you to hear that home buyers strongly consider the needs of their dogs when making a decision about which home to purchase: