The building industry is selling more new homes, but their focus is on the higher-end markets, and not much is happening for the middle class. KPBS found a guy to whine about it on camera; but it's a free market, and rich people are winning. It's not going to change...
Month: August 2016
Cape Town Oceanfront
This beach house couldn’t get any closer to the water even if it wanted to. Located near Cape Town, South Africa, this house was designed to create an extraordinary living experience. The home was built using a minimal steel framed box with a hull-shaped roof, clad in...
Realtor Code of Ethics
While we are poking holes in the Realtor Code of Ethics, let's don't forget the old 3-10, which is hard to dispute. Agents have a fiduciary duty to do what is best for the client. Listing agents who sell their properties without exposing them to the open market via...
Steel PreFab
In the best way possible, Stanford professor Mark Jacobson‘s new house is like a giant Erector Set, snapped together in less than a week on an irregular, pie-shaped lot near the university. It’s a 3,200 square foot modular home, and the frame is made entirely of...
Inventory Watch
The new listings coming to market finally saw some seasonal slowing this week, dropping from 103 in the previous week to just 77 new listings over the last seven days. The new pendings increased from 63 to 65! Last year at this time it didn't slow down much though. ...
Transferring Tax Basis to Kids
The property-tax basis of your primary residence and other properties can be transferred to your children, or in some cases, your grandchildren: http://www.boe.ca.gov/proptaxes/faqs/propositions58.htm#1 What are Propositions 58 and 193? Proposition 58, effective...
Bat Patrol
The best real estate photo of all time - see the bat in the middle of the photo:
Chargers Sales Pitch
The Chargers are going to go through the motions of supporting a downtown stadium, but the way it unfolded probably tells the real story. They stated their commitment to a downtown project on the same day that they secured an option to move to Los Angeles, which means...
Mid-Coast Trolley
I have a new listing in La Paz, which is part of La Jolla Colony: http://www.zillow.com/homedetails/4040-Porte-La-Paz-UNIT-82-San-Diego-CA-92122/52514005_zpid/ The new Mid-Coast Corridor Transit Project is underway, which is bringing the trolley from downtown San...
Flip By Listing Agent To Be Litigated
This is the agent we covered earlier where dual agency was questioned: https://www.bubbleinfo.com/2016/05/01/dual-agency-ropes/ This latest lawsuit sounds sexy, but the rapid increase in values since 2012 should provide an ample defense (h/t daytrip):...