Granted, the Canyon Craftsman and this bank deal in Del Mar Heights were new listings on Friday, but in both cases I saw three groups of people come by each house while I was there. Buyers are lying in wait for fresh meat, and are happy to cruise by - but are they...
REOs for sale
La Jolla Projects
Here are two dis-similar La Jolla houses listed on the same day, but they face the same challenge - finding buyers willing to tackle a project. If you can get comfortable with buying a fixer, you can expand your target zone:
Spread Getting Wider
Think it's been crazy so far? Between sellers getting more optimistic, scamming realtors low-balling short-sales everywhere, and bank clerks hoping to find the 30-day price from hundreds of miles away, it could get wackier!
Del Mar Quonset REO
If the street/RR tracks aren't enough, how do you like the floor plan?
Robo-Selling
There have been thoughts that selling real estate could become fully-automated, and realtors as we know them will be kicked to the curb. Here's an example of how it could look: For robo-real estate to succeed, sellers would have to be convinced that utilizing an...
Bomber Glut Building
The warehouse-type older tract homes in SE Carlsbad are sitting patiently, hoping that the spring selling season might bring some love their way. The list would be longer if those who failed to sell last year would have trudged on, instead of renting:
Sellers Need to Go All Out
Are we witnessing the older, lumbering McMansions falling out of favor right before our very eyes? Possibly, but with a sharp two-tone paint job and $40/yard carpet this might look good enough to balance out the negatives:
BayCo Value Identifier
When you check the tax rolls of this neighborhood sold at the peak, you can see that many were purchased with the exotic financing that was popular back in the day. As you can imagine, it has left a trail of broken dreams for sellers - one at the top of the hill with...
New REO Contest
Today I was on the first broker preview of the year (filming "Ride Along with JtR"), when I came across this REO in Del Mar Heights. The assistant was running open house, and said it had just been inputted onto the MLS - but it's not on the open market as of this...
UCSD Bank Deal
Those who want to buy a foreclosure near UCSD might find this attractive: Google Earth link: http://g.co/maps/67cyj