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Month: September 2016
Slab Cracks
It is a fact of life - concrete is prone to cracking. Nobody ever talks about it much because it sounds like a big problem, but most homes that have concrete foundations have some sort of cracking. The little cracks are left alone and forgotten, and the bigger ones -...
Boomer Debt
The baby boomers who are comfortably on their way out will ignore my rantings about the potential for boomer liquidation sales. My concern isn't because some boomers are over-encumbered, it's because they are encumbered enough that the debt will force them to make...
Buy/Sell Now or Later?
What now? Summer is over, and the so-called spring selling season is six months away. Is it worth waiting? Sellers want to believe that springtime is when all the young families with 2.2 kids will be looking to pay retail-plus. But that belief ignores the trend -...
Debt-Tax Relief Gets Another Chance
With the difficulty the state politicians had in reaching an agreement - and it's not done yet, Moonbeam still has to sign it - this will probably be the last chance for over-encumbered homeowners to short-sell and avoid taxation on their debt relief. With less than...
Mission Hills Modern
This modern mid-century inspired family home is tucked away in the Mission Hills area of San Diego, California. http://www.contemporist.com/2016/08/31/a-mid-century-modern-inspired-family-home-arrives-in-san-diego/ Save Save Save
Misc.
Inventory Watch
We had 67 new pendings this week, about what we've seen all summer. September should be a big month - there are 399 pendings today! I'll go out on a limb and predict that we'll surpass the 210 sales from last September. Click on the 'Read More' link below for the...
Palm Springs
The Elrod House, an over-the-top Palm Springs home featured in a famous fight scene in a 1971 James Bond movie, has closed sale for $7.7 million. The buyer is Los Angeles-based fashion designer Jeremy Scott, creative director of the Moschino line. The house was listed...
Open House Report
Is it just the wacky signs? Or are there still dozens or hundreds of people who are still in the hunt - at least when they find something interesting that might be worth checking out!
