Month: September 2021

Allman Betts Band

I'm a big proponent of kids taking over the family enterprise, especially when they remain so true to the original: The life and music of Gregg Allman will be celebrated with an 18-city Allman Family Revival tour that kicks off November 27th in St. Louis and wraps up...

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Successful Auctions

Nicolas Berggruen, a real estate investor who earned the moniker “homeless billionaire” through his jet-setting lifestyle and lack of a permanent address, just shelled out $63.1 million for the Hearst estate in Beverly Hills, winning the prized property in a...

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Pacaso Strikes A Nerve

They will get some flak in the tony areas but it's a great way to make 12% commissions on expensive luxury properties ($2,000,000+ minimum) plus management fees. An excerpt: Pacaso announced today that annualized revenue run rate has hit $330 million. In the second...

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Forbearance Expirations

Hat tip to GW and AK who sent me an article by Fortune, that references this article: https://www.zillow.com/research/forbearance-exits-inventory-2021-29931/ An excerpt: With expiration of a broad federal foreclosure moratorium on July 31, hundreds of thousands of...

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Inventory Watch

There were 48 new listings between La Jolla and Carlsbad this week, and 48 new pendings! The pendings are evenly divided too: NSDCC Pending Listings: 0 - $1,000,000: 7 $1.0M - $1.5M: 78 $1.5M - $2.0M: 77 $2.0M - $3.0M: 78 Over-$3,000,000: 77...

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