Kelly at the Voice of SD reviews the current market conditions in the San Diego real estate market at this link, here's an excerpt: There were 9,243 active homes and condos for sale on the Multiple Listing Service on Tuesday, according to Klinge. That number pales...
Foreclosures/REOs
Free-Rent Shadow
Unfortunately we don't know enough about the homeowners on the foreclosure rolls, other than they aren't making their payments. If the government can help them get a loan modification that'll stick, or they can bargain for a short sale, then we won't see them on the...
Carlsbad in the $500,000s?
Shadash Chart
San Diego County defaulted properties (thanks foreclosureradar!):
More Scattershot
Wrap-up on Carlsbad f-list properties - La Plancha did postpone to next month:
REO Rancho
There has only been one house in the Covenant close under $1,000,000 so far, the 1,862sf one on 3.16 acres at 6427 Paseo Delicias: http://www.sdlookup.com/MLS-090036222-6427_Paseo_Delicias_Rancho_Santa_Fe_CA_92067 It had listed for $1,320,000 in June, but had to lower...
Pre-Approved Short Sales
Sean and the folks at Foreclosureradar.com are very gracious in providing their data, though I don't like this - fewer trustee sales, and more cancellations. If the trend continues, we'll have fewer REO listings, which are typically well-priced and vacant, and instead...
Sleuthing
More auction-list and REO properties; these are in Del Mar and Leucadia, west of the I-5 freeway. But first, some short-sale advice for listing agents:
Credit After Foreclosure/Short Sale
updated 12/1/09 I. Fannie Mae Credit Guidelines Q 1. How long is the time period after a foreclosure before a consumer can be eligible to obtain credit to purchase a home? A Five years from the date the foreclosure sale was completed. Additional requirements that...
Chevy TV
From the hills to the sea, trustee-sale pricing has gotten more attractive - here's another example: