Hat tip to Giorgio, a Houston native, for tweeting this article: https://projects.propublica.org/houston-cypress/ Excerpts: The area’s history is punctuated by such major back-to-back storms, but many residents say they are becoming more frequent and severe, and...
Another good week for new pendings, and we're running at roughly the same pace as last year: Week New Listings New Pendings Jul 24 86 61 Jul 31 90 75 Aug 7 99 71 Aug 14 76 65 Aug 21 83 62 Aug 28 96 60 To give you an example of the higher-end bloatedness, there are 395...
As she was getting on in years and her resources dwindled, Virginia Rayford took out a special kind of mortgage in 2008 that she hoped would help her stay in her three-bedroom Washington rowhouse for the rest of her life. Rayford, 92, took advantage of a federally...
I appreciate our clients who are willing to go on camera to express their thoughts about their experience - thank you Eddie89! A key point for buyers in a bidding war is to know when to increase your bid, and by how much. I help you determine which houses are worthy...
In what has to be one of the most bizarre developments in real estate this year, the ivory-tower folks at the Fed, of all people, dreamed up a creative new loan that would not require a down payment. Then they used the dreaded COFI term from neg-am mortgage days! No...
Check out the hills of Old La Costa in background - looks like graded lots: The La Costa Resort put Carlsbad on the map! https://www.omnihotels.com/hotels/san-diego-la-costa
The impact of losing the mortgage-interest deduction has been blown out of proportion by NAR lobbyists. Let's tinker with it now when rates are low and see if lower taxes could spur additional demand. There may be rumblings about lowering the cap on mortgage interest...
In San Diego, this applies to cash sales over $2,000,000 to LLCs. Wake up and smell the dirty money. That’s the message federal regulators are sending to the real estate industry in Miami and other high-priced housing markets. On Tuesday, the U.S. Treasury Department...
