Archive for June, 2008
Jed Clampett Was Right!!!
Filed Under categories: News You Can Use, Real Estate News
posted by Kea on June 19th, 2008
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In case you don’t know who he is, check out one of the cable channels and watch some episodes of “The Beverly Hillbillies”. Ole’ Jed figured it out long ago that if you discover oil in your yard or a pile of dough under the mattress, “California is the place you want to be…”
The news on the housing market continues to paint a bleak picture and if the information is to be believed at face value, every other home on every block is in foreclosure. But, let’s take a closer look and put those numbers into perspective.
What Housing Recession?
Market’s blues aren’t flattening prices of coastal homes and mansions
San Diego Metropolitan, By Alan Nevin
Featured Home: The Grande North
Filed Under categories: Columbia District, Downtown, Featured Home, News You Can Use
posted by Kea on June 5th, 2008
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The Grande North 1205 Pacific Hwy #2801, San Diego, CA 92101
2 bedrooms+den/ 2 bathrooms
Approximately 1,945 square feet
$1,779,000
Click here to view additional information
Click here to a view a slideshow
RENTING VS BUYING: The Debate Continues
Filed Under categories: Buying, News You Can Use, Real Estate News
posted by Raye on June 3rd, 2008
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The following article from the New York Times is one of the best arguments for considering buying that has been written in a very long time. And, the best thing about it? It’s written by a reporter committed to renting - up to now. Although different regions of the country are experiencing different degrees of housing market pains, almost everywhere and every price point is reporting significant decreases in home values. Isn’t the obvious staring us in the face? It means it’s a great time to buy! Duh!
Click here to read NYtimes article: As Home Prices Drop Low Enough, a Committed Renter Decides to Buy