A tour of the recent flippers around Carlsbad, +1:
Buying at Trustee Sale
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...
More Slinky Needed
Is the new year bringing more REOs to market? Though everyone wants to "steal one from the bank", if you're looking to buy in North SD County Coastal (Carlsbad-to-La Jolla), you'll find few opportunities to snag an REO sale. Have there been more REO listings coming on...
Sunday Sampler
Another Sunday cruise via youtube:
CV in Demand
MLS Listings of Detached Homes in Carmel Valley, 92130: ACTIVES: 111 $1,778,211 average list price, $399/sf, 132 Avg. Days on Mkt. (25% of those homes on market more than 6 months) PENDINGS: 63 $1,163,104 average list price, $336/sf, 76 Avg. DOM (41 pending,...
Ooze
Later we'll take a look at some flippers around the normal beat, Carlsbad to La Jolla, but first let's review the December stats in Oceanside's 92057. Northeast Oceanside was one of the first zip codes in the county to feel the full impact of the real estate...
RE State of the Union
We're past the holiday season, the Chargers have checked out, and February is ten days away. Let's review current market conditions: Trustee Sales for North SD County Coastal SFRs (Carlsbad to La Jolla) There are more properties on the NOTS auction list (444) than on...
Go Premium?
This youtube shows an example of how a premium La Costa Greens property should end up being among the better-priced in area, because the bank will probably base it's valuation on inferior comps. This could end up on the court house steps in the $900,000s: Since...
Flipper Jam
We already know that flippers are flooding the streets in search of profits, so it's inevitable that we'll see them competing.....with each other! Don't be surprised if we see surges of new listings, especially around recent high sales - here's a youtube video:
Price Touring
More thoughts on the real estate market: