Reader M noted that there is a lot of building underway in PHR - this builder is actively selling four different tracts that range from $1M to $2M. Here is a tour of the less-expensive homes up the hill from the last set we saw:
An employee of the Bank of America recently told me that they are not extending any of the loan modifications that have been issued over the years, to which I chuckled. "What are they going to do, foreclose?" "Yes" was the response, which got a chortle out of me. ...
The Statewide Community Infrastructure Program (SCIP) sounds like another name for 30-year Mello-Roos-type bonds whose proceeds are used to pay for things that governments or home builders used to cover.
Sales have been remarkably steady for the first half of the last three years, with only a slight variance in the sales count: Year # of 1H Sales Median SP Avg DOM Median DOM 2012 1,477 $815,000 86 51 2013 1,670 $919,250 51 21 2014 1,430 $1,020,000 49 24 2015 1,555...
Note that last time the rise in prices was quicker (steeper curve), and it only took about a year - 2006 - to reverse course. This time, the increase looks more reasonable (more-gradual slope), but it still has to look daunting to buyers.
Zillow has uploaded my Caminito Vasto listing! The MLS remarks didn't pull through - but the photos did, go figure. They also called me a Premier Agent, and eliminated the three-headed monster. We had two offers on Vasto, and I marked it pending on Monday, but they...
For those of you who use Zillow as their go-to real estate portal, you may have noticed that we had a wild and wacky weekend - and the party is still going! It was on May 1st that Zillow started uploading our listings directly from our MLS, Sandicor. The new system...
My mom shares her birthday with the U.S.A. - here she is celebrating her 83rd while on her summer tour of kids and grandkids this week. She moved in with us about three months ago, and while it has its challenges, overall it's been good. She likes her chair yoga...
Sure, he shows all that fancy stuff for over a million, how about some decent new homes in the $800,000s? If you have flexibility on where you live and yet want easy access to south Carlsbad/Encinitas over the hill, here are good-sized new homes that start in the...
Thanks daytrip for sending this in - a surprising verdict, and if it wasn't such a high ticket price, it may not have gone this way: MSNBC host and former ad exec Donny Deutsch scammed a real estate broker out of a $1.2 million commission in the sale of Deutsch’s $30...
