Month: July 2023

Mozilo is Dead

The Orange Man pioneered the distribution of neg-am mortgages to the masses, and then hoodwinked Wall Street into thinking the loans were worthy of buying in tranches - yet he didn't want to take the blame and instead enjoyed his retirement as a member at all the...

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Inventory Watch

In normal times, around 60% of all listings would sell. During the hottest frenzy times, it was up over 80%! But now with the number of active listings rising like a rocket, it probably means a couple of things: The 2023 selling season is closing out. Half of the...

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Rampart Chimneys

The neighborhood we're in this weekend was built in the late-1970s, during the Rampart General days. The company used to pour concrete panels at the factory, and then assemble the fireplace/chimney on a wooden frame and then truck them to the homesites. They got a bad...

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