Just one more rerun before Kayla introduces our new listing tomorrow night. This is the 7th most-watched video on Bubbleinfo TV, and is a greatest-hits tour through the REO-listing days. In April, 2008, the Bank of America had dumped twenty of their REOs in my lap,...
A story with great examples of golf courses being closed across the country, and many being turned into real estate developments. From the nytimes.com: BOCA RATON, Fla. — Weeds, crabgrass and fallen palm fronds cover the wildly overgrown greens of what was once the...
For those wondering if there will ever be any more bank-owned properties for sale, here is the list of 38 houses between La Jolla and Carlsbad that are owned by lenders, or 3rd parties who purchased them at the trustee sale: NSDCC Foreclosed Properties July 2015 A...
My high school baseball coach used to say, "I don't believe anything I hear, and only half of what I see!" In our latest contest, readers submitted their guess at the highest bid + 5% buyer's premium for this property in SE Carlsbad:...
The MLS shows that 11% of the 1Q14 residential sales in SD County were REO and short sales, and this article shows 7.1% flips (hat tip to SD Squatter): Realty Trac, the nation’s leading source for comprehensive housing data, today released its Q1 2014 U.S. Home...
Wondering how it all got started at Bubbleinfo TV? The first video was from March, 2007 - just click the link below to start at the oldest, and if you make it through all 1,600+ youtubes, you will have experienced the real estate bust-to-boom in living color:...
Standard bank deal these days - no frills, max money:
Institutional investors entered the housing market at a rapid pace this past year, but their level of purchasing activity is relatively small compared to the overall market. For instance, Blackstone Group is expected to be the largest institutional purchaser in 2013,...
From NAR's Realtor Magazine: It’s widely agreed that foreclosures and REO properties devastate nearby home values and impede the housing recovery. But we don’t hear similar complaints about short sales. How do the two categories compare where housing prices and a...
From HW: National home prices lost ground with declines of 1% over the past year, but REO demand — fueled by enthusiastic investors — showed price gains, Clear Capital said in its April home data index report. Investor demand could be a driving force behind increasing...
