Do you think it will be a housing boom or bust? Will it get better, worse or stay the same? What’s ahead? What’s behind us? Let me know and we’ll publicize it on the blog so there’s a record of your insightful commentary. I’m interested in hearing what you all have to say! If you [...]
Filed under: The Market | 5 Comments »
The cheapest house in Contra Costa County is . . . this house in Antioch on 417 W. 8th St. for $125,900. This two-bedroom, one-bath house is 594 square feet on a 5,000-square-foot lot. Although it sold in March 2006 for $375,000, it’s now on sale for a third of its original price. Deal or no deal? [...]
Filed under: House Hunt, The Market | 3 Comments »
I’m not advocating arson. I’m simply writing about what Julio Iglesias is doing to his 10,000-square-foot Miami home he tried to sell for $25 million. Unhappy he couldn’t get his asking price for the four-acre parcel, he’s razing the building and starting anew. Escalating land prices have led to a boom in multimillion-dollar teardowns. [...]
Filed under: Home Base, The Market | Leave a Comment »
I wrote a story about those selling their home during “the holidays” and the effort to make it seem a bit more festive by baking cookies, decorating and making a good impression. Personally, I sold my house last year in January after listing it in mid-November. It closed in February, but it was first seen [...]
Filed under: House Hunt, The Market | Leave a Comment »
If you saw my story today, then you know that it doesn’t look great for the East Bay. But it doesn’t look great for anywhere really, including the more Bay-Area-than-thou San Francisco or Peninsula, despite what those residents say. I talked to Christopher Thornberg, economist and principal of Beacon Economics, and he said it won’t [...]
Filed under: House Hunt, The Market | 3 Comments »
Can 4,000 mortgage brokers be wrong? According to the California Association of Mortgage Brokers, approximately 47 percent of its membership said that a recession from the housing crisis was imminent. Another 59 percent said home loans and credit will be much more difficult to get in 2008, while 31 percent said that April through June of [...]
Filed under: Mortgage Mania, The Market | 6 Comments »
