A preview of the next entry on the JtR REO Challenge Tour:
CV REO Trucking!
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Carmel Valley
CV Shorty
After you pay repair/improvement costs, a 2.5% commission, holding costs, and income taxes - not to mention the risk involved - is this flip worth the trouble? The agent had in his remarks that the last sale of this model was $848,000, wouldn't you think he'd try for...
Levels of CV Doom
A couple of comments were left yesterday regarding the financial stress among Carmel Valley homeowners - people who are under-employed and burning through 401k accounts to survive. How many homeowners are stressing in 92130? The data isn't readily available, so you...
CV Leftovers
There are very few quality REO listings around the 92130 - the houses tend to be ones that aren't worth keeping. If there are homeowners struggling to keep up with their payments, they would be smart to short sale in the next few months, because the exemption from...
Ditch Front
Carmel Valley SFR @ $277/sf
You can buy older homes in Carmel Valley at lower price points, if you don't mind the updating:
CV Davidson
This video was shot the second day on market - it went pending on day 10:
Case-Shiller San Diego w/Extras
The C-S index has its foibles, including the weighting of sales pairs based on when the previous sale happened, and also excludes flips and any other sales that occured less than six months apart. But I'll agree that the San Diego C-S index reflects the approximate...
Carmel Valley REO Regular
This afternoon I'm heading to Tom Tarrant's house to video his finished product - check back late tonight or tomorrow!
New Competition in Carmel Valley
This new tract should put a chill in the under-$1,000,000 resale market around the 92130. Buyers will want to jump in, but because the offerings will get dripped out a few at a time, it'll cause everyone to wait-and-see: You should get a realtor to help you when...
