Offers Coming in Fast in Working Class Neighborhoods
February 2, 2009 by
It reminds me of 2003/ 2004. You scan the San Diego MLS for new listings coming on the market within your parameters. Once one hits, you start prepping the offer even before seeing the property. The list price is simply an indicator of where to start the bidding. 5% over? 10%? 12% over list? You [...]
California Home Sales Surge; Driven by Foreclosures
January 19, 2009 by
California home sales are up 51% in December from last year as home prices have been driven lower by steady foreclosure activity (MDA DataQuick). 19,926 homes (single family detached and condominiums) sold last month in Los Angeles, San Diego , Riverside, San Bernadino and Orange County – that is up from 13,240 a year ago. [...]
