It's all junk now - do your kids a favor and ditch it while you can! H/T daytrip: http://www.nextavenue.org/nobody-wants-parents-stuff/ So please forgive the morbidity, but if you’re lucky enough to still have one or more parents or stepparents alive, it would be wise...
Month: August 2017
Results of Bank Settlement
Kamala Harris, who has been dubbed the 'female Obama', is likely to run for president of the United States - possibly as soon as 2020. This is a long article on her performance in public office: LINK This excerpt summarizes the impact from her $20 billion foreclosure...
Glen Campbell, R.I.P.
We lost an incredible musician yesterday; Glen Campbell. He was probably one of the first crossover stars, who started as a country session player and became a mainstream radio and TV star in his own right. This is the first remark in the Youtube comment section of...
Boomers Causing Gridlock
Hat tip to daytrip for sending this in! LINK An excerpt: People 55 and older own 53 percent of U.S. owner-occupied houses, the biggest share since the government started collecting data in 1900, according to real estate website Trulia. That’s up from 43 percent a...
Private Club for Realtors
There is one solution that would solve everything - start a new club. It was probably no accident that Mauricio ran this again on his Instagram yesterday, and it is a fantastic idea: They are advertising it as a pocket-listing website, but it could go big and offer...
Zillow vs. Redfin?
Spencer took a crack at Redfin yesterday, and more: LINK An excerpt: Zillow Group CEO Spencer Rascoff isn’t worried about the threat of newly-public Redfin — but he thinks the rest of the real estate industry should be. He made that clear during a conference call...
‘Basement Generation’
Hat tip to Carlsbad Mark for sending in this article! LINK More Americans are renting their homes than at any point since 1965, according to a new study by the Pew Research Center. The total number of households in the U.S. grew by 7.6 million between 2006 and 2016....
‘Aged’ Foreclosures
Love this little tidbit that was tucked in at the end of the article: LINK
Lower Down Payments
It's hard to lower the down payment on a jumbo loan so any effect on the coastal regions is probably minimal, but this suggests that the stronger buyers are giving way or running out: Seen at CR and MND: LINK An excerpt: This month, in light of much commentary and...
Schadenfreude Tax Sale
Hard to feel sorry for the rich folks on this street...hat tip daytrip! LINK Thanks to a little-noticed auction sale, a South Bay couple are the proud owners of one of the most exclusive streets in San Francisco — and they’re looking for ways to make their purchase...