A report on the Rosarito Beach/Baja California market, from the latimes.com: There's the gigantic Residences at Playa Blanca, which advertises "24-hour gourmet dining" and a "world class spa" on banners next to the highway, but which remains frozen in construction,...
Part Two - A listing that gets marked 'pending' probably doesn't mean much, other than there are buyers and sellers that have found agreeable terms, for now. But two things are somewhat surprising: 1. The time of year for activity to spark up. 2. What you get for...
JtR note: If your house isn't selling, and you are thinking of renting it instead, base the decision on your encumbrances, and your ability to hold out. If you can have a positive cash-flow from renting, then great, consider the joys of being a landlord, and plan to...
From the Associated Press: NEW YORK - The real estate market's troubles are hitting close to home for Treasury Secretary Timothy Geithner. After reducing the price on his house in a tony New York City suburb to less than he paid for it, Geithner still couldn't sell...
