Remember this one from 18 months ago? It's the 4,453sf house in Rancho Carrillo that Wells Fargo foreclosed on when they couldn't get $1,000,000 at the trustee sale. Optimistic, they listed it for $1,100,000 in October, 2007. In the first week they received an offer...
Here's a sample of the frenzy-like activity spotted all around the county. The zip code for this street is Kensington's 92116, but one block away is Talmadge, 92115, and City Heights, 92105, and although it may be north of El Cajon Blvd. (by just 1.5 blocks), the...
Lucky me! This week I'll be with our daughter Natalie on her 6th grade trip to Astro Camp in Idyllwild. I'll be back Friday, and in the interim Donna, Richard, and crew will be handling the business as usual. The last time we went on a real vacation was August, 2007,...
The last chart showed that the best stats for $-per-sf were in Vista zips 92083 and 92084, at $162/sf and $160/sf, respectively. Also noteworthy was that their April, 2009 sales were both at or above 2005's numbers. Are there good deals in Vista? We've seen a few of...
from sddt.com: Notices of default fell 13.8 percent while trustee’s deeds increased 17.1 percent from March to April, according to statistics from the San Diego County Assessor. Although trustee deeds increased from a two-year low of 844 to 988, the number is still...
Lately the Countrywide foreclosures that have been coming my way have been listed below my BPO (broker price opinion). It was reflected on my latest scorecard too, I got dinged 20% because I was selling them too high - my REO closed sales last quarter were 107% over...
A good way to track foreclosure activity is to monitor the same four REO listing agents over time. If the flood gates open, they'll be the first to feel it. Here are their numbers today - it looks like we're going backwards: APR 18, 2008 - 467 Actives/247 Pendings =...
No techie asked to see one of these REOs after someone buy one, and what happens then. This house looked just like the $150,000 graffiti-mansion in Vista when these folks bought it for $163,000 in January, 2009. They fixed it up quick, and in March listed it for sale...
The group of bank-owned properties in North SD County was published here on February 6th, and there were 688 on the list that day. Here is the fresh list below, with extra zip codes included. To compare apples and apples, the towns on the previous list were Cardiff,...
Another hot REO buy in Oceanside! A 2:31-minute YouTube tour:
