Blog

The Fiscal Cliff housing impacts

December 1st, 2012

  All aboard the Thelma and Louise train Every 10 seconds we are reminded of the  impending “fiscal cliff” .   We are hearing about it so much that many are just plain tired of it. I know that I am.  Figure […]

First Time Homebuyers: The New Endangered Species

November 28th, 2012

Interest rates are at historic lows…  Housing prices are still reasonably low… So Where are all the First Time Homebuyers? A new real estate trend is on the rise, despite all the news that the housing market is slowly recovering. It’s […]

Existing Home Sales Up… for now

November 19th, 2012

The National Association of Realtors  has reported today that the number of existing home sales continued to increase to a seasonally adjusted 4.79 million. That is up over 2% from September and over 11% higher annually.  Gradual economic growth as well […]

Where is the Shadow inventory ?- Ask your Neighbor

October 31st, 2012

No More secrets -Zillow allows you free access to your neighbors foreclosure Now that Zillow has published all pre-foreclosures on their site WITH ADDRESSES AND STATUS for free and for all the world to see-It is  now quite easy to […]

Where is the Shadow Inventory? Right here

October 30th, 2012

Zillow now publishes all pre foreclosures on site With the current Fed made housing market of artificially low rates, artificially restrained inventory which is fueling mini housing booms in local areas,many have wondered what has ever happened to that past myth of […]

San Diego listed as 3rd most expensive in US

October 19th, 2012

NEWSFLASH! Something that San Diego Citizens already know all too well.  A recent survey at interest.com shows that San Diego is the 3rd most expensive city to live in the country. The survey ranked the affordability of the nation’s 25 largest […]

The Day California’s Real Estate Bubble burst

October 18th, 2012

California’s Real Estate obsession has a long History Here is a interesting article from the LA TIMES printed in 1984– yes you read that right -1984.  It tells a lesson to be learned. A lesson of California’s obsession with real […]

California Foreclosure level lowest since 2007

October 17th, 2012

Operation Kick the can in full effect Helicopter Ben, Goverment legislation, and the banks general unwillingness to foreclose on anyone  for any reason have lowered California NOD filings to pre-crisis levels. from the LA Times: The number of Californians entering […]

National Housing starts Blow out concensus- numbers up 872k , Highest in 4 years

October 17th, 2012

Another sign of the Housing turnaround? Yet another mysterious pre -election concensus beat.  The highest estimate from all the economists was a 800k jump for last month.  With a concensus in the 770k range- this beat is almost as crazy and unbelievable […]

San Diego Beach Homes Sales Rise but prices Flat

October 16th, 2012

BEACH BUBBLE TROUBLE ? With all the talk of the bottom and artificial stimulus- lets see how its affecting the Beach communities- where the slogan always is – “But It’s Different Here” We have a tale of a few different markets here […]