Last week we saw that the newer 2,700 square-footers in Carmel Valley were a hot commodity, and holding steady in the $800,000s. What do you get for less? Here's a youtube video of three houses, two that just went pending, and one that closed, in the $600,000 to...
From sddt.com: A new report concludes the level of commercial loan defaults accelerating, but whether that means a surge of commercial foreclosures in San Diego depends on who is assessing the data. Nationally, the Deutsche Bank report noted more than $2 trillion...
Hat Tip to A.L. for sending these along; BROOKLYN'S SMALLEST HOUSE This house is located near the intersection of Ave T and Van Sicklen: Occupying what used to be a driveway, it's a 1br/1ba home on a parcel of land 7.25 feet wide and 113.67 feet long. The interior...
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 sddt.com: Foreclosures in San Diego County reached their highest monthly totals since September 2008, while notices of default spiked after two months of decline. June’s 3,715 notices of default were the second highest total for a single month on record. The...
Everybody is on the forecasting bandwagon these days, here's BW's crack at it: http://finance.yahoo.com/real-estate/article/107219/what-your-home-will-be-worth-in-2012.html?mod=realestate-buy An excerpt: By 2012 we may finally get back to blissful boredom. With any...
Hat tip to Kwaping for sending this along, from the U-T: The real estate slump has arrived in La Jolla, Rancho Santa Fe and other high-end San Diego County neighborhoods. After holding their own in sales strength, sales of homes priced at $1 million or more started to...
from WSJ, hat tip to Mr. T: The pace of housing sales has been rising in many markets this year, but it is only partly because families seeking affordable housing are returning to the market. It also is because of investors like former Deutsche Bank managing director...
From sddt.com San Diego, like many metropolitan areas, has been slammed by the housing market's decline. But if reports are right, the area may have already bottomed out at a much more affordable levels. This assessment was made during the UCLA Anderson Forecast...
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...
