The market is hotter than it looks, because when a decent property in a superior location gets listed for an attractive price, the buyers come running - there just aren't that many that fall into this category. How many sellers are willing to list for an attractive...
How is the 2010 market comparing with previous starts? North SD County Coastal Detached Homes (from Carlsbad to La Jolla), during Jan. 1-11: Year Total Listed LP $/sf Closings SP $/sf 2002 174 $366/sf 66 $252/sf 2003 227 $416/sf 59 $319/sf 2004 121 $527/sf 61 $385/sf...
Want to learn more about real estate? Look at properties every day. Let's view at least 200 videos this year, displaying 5+ houses each. A year from now, you will have seen over 1,000 houses in North SD County Coastal region, and be able to evaluate any house...
This article from bankrate.com has several good tips for homebuyers: http://www.bankrate.com/finance/real-estate/when-dream-house-becomes-horror-home.aspx To summarize the article - when buying a home, you should consider: Location - #1 Schools -...
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:
Tom Tarrant is a San Diegan who moved to San Antonio to remodel and sell historic houses while waiting out the California Real Estate Collapse. He has a great blog with videos about the details of home remodeling, selling flippers, and snippets about Texas! I asked...
From the hills to the sea, trustee-sale pricing has gotten more attractive - here's another example:
Hat tip to RR for sending this along: A man received a lesson in the adage, "Let the buyer beware." Billy Joe Sanders, of Pittsburgh, says he bought a home in Canonsburg during a Washington County tax sale in August. When he went to check on the property on Christmas...
Will we see the banks/servicers using the trustee sales as a primary channel for selling REOs in 2010? It looks like WaMu/Chase has been aggressively pricing their opening bids to move properties at the court house steps. Their trustee has conducted 302 trustee sales...
Here's a close-up of the process on the court house steps. In 2008, somebody filmed this actual trustee sale of 1825 Chicago St. in Bay Park. The opening bid is $435,240, but no takers, and it goes "back to bene". A month later the bank listed it for sale, with list...
