Whoops. We just had the lowest weekly total of new-pendings in two months. So much for momentum carrying us through the graduation season! Could it have been a slower week due to a Mother's Day lull, or did the good weather over the weekend cause everyone to go to...
Month: May 2017
Clairemont New Homes
Tom's flip looks inviting when you can spend over a million about a mile away, as the crow flies:
Local Flipper Business
Here's a video tour of Tom's latest project, and discussion about his business. The master suite in back was two bedrooms that he combined, and re-configured to create a large walk-in closet and right-sized master bath. Note how he hit all the hot buttons: curb...
Reduce the Down Payments?
When the day comes that you hear the big banks pushing for reduced-doc loans, you'll know that the top of the market is near: http://www.reuters.com/article/us-bank-of-america-mortgages-idUSKCN18E37J The head of Bank of America Corp, the United State's fourth-biggest...
Real Estate Made for TV
People want to see cut-throat realtors! Video here: http://www.ocregister.com/2017/05/18/orange-county-real-estate-wars-to-debut-on-bravo-tv-july-6/ “Real Estate Wars,” a Bravo-TV reality show pitting Orange County agents against one another as they try to woo wealthy...
Trump Tax Plan and the M.I.D.
Hat tip to SWM for sending in this clarification regarding the point at which the M.I.D. is an advantage. http://www.seattletimes.com/business/real-estate/trump-tax-proposal-would-make-mortgage-deduction-useless-for-most-homeowners/ U.S. Treasury Secretary Steven...
Pato Banton at Fiesta Del Sol
It's going to be a great weekend! The temperature on Sunday is expected to be 77 degrees in Solana Beach for the Fiesta Del Sol. Pato Banton takes the stage at 7:45pm, and the parking lot will be rocking the Jamaican reggae beat! Here was his performance from last...
Californians Staying Put
This is a bit of a surprise, but you don't have to be rich to stay put! http://www.ocregister.com/2017/05/07/california-the-state-where-people-dont-move/ IRS data for 2015 shows 207,861 tax filers — a good estimate of households — from other states lived in California...
Zillow Sued Over Zestimate
It was bound to happen: A homeowner has filed suit against online realty giant Zillow, claiming the company’s controversial “Zestimate” tool repeatedly undervalued her home, creating a “tremendous road block” to its sale. The suit, which may be the first of its kind,...
Driverless Cars and Real Estate
Imagine living 3-4 hours away and waking up early to crawl into your auto-car and going back to sleep while it drove you in to work... https://www.curbed.com/2017/5/16/15644358/parking-real-estate-driverless-cars-urban-planning-development The futuristic vision...