Foreclosures & Short Sales

Jan
19

Honey, Can We Live In A Spaceship For The Weekend?

Posted In: For the Heck of It, Foreclosures & Short Sales, General Real Estate News, Places
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Calling all Sci-Fi fans.  Last month the famed Spaceship House in Tennessee went up for auction, the second time in a year.  The round, concrete home sold at auction last March for $135,000 but the deal never went through.  This time it sold for $119,000.  The winning bidder intends to “greenovate” the interior, including upgrading the insulation, installing new appliances, and repaint [...]
Jan
16

Alameda & Contra Costa County Statistics, Oct. 2007 – Dec. 2008

Posted In: Economy, First Time Home Buyers, Foreclosures & Short Sales, General Real Estate News, Investing, Local Market Statistics
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The first graph is for single family homes in Alameda County, the second graph is Contra Costa County.  The blue bar shows “sold,” the green bar shows “for sale,” and the triangles show “pending.” First of all, let’s look at the obvious.  Both graphs show a similar pattern with January being the lowest in inventory.  In February inventory goes up, peaks in [...]
Jan
05

Krista’s list of what to read in 2009

Posted In: Economy, First Time Home Buyers, For Buyers, For Sellers, For the Heck of It, Foreclosures & Short Sales, Good ol' Fashion Humor
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This just in, the ultimate reading list.  I love to read.  I love to be inspired.  I love to learn.  This list, in no particular order, combines a little bit of each. 1.  Predictably Irrational: The Hidden Forces That Shape Our Decisions.  This sly and lucid book discusses why we make the decisions that we do, including why headaches disappear after [...]
Nov
12

Mountain House, the highest underwater town

Posted In: Foreclosures & Short Sales, Local Market Statistics
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Highest underwater town? Huh? Mountain House, California. Mountain House is located about 60 miles east of San Francisco. It is a master planned community designed to promote community, family and lifestyle. But there is something of real interest here: despite being 59 feet above sea level, most of the community is underwater. It is here where the average homeowner is [...]
Sep
08

Struggling homeowners worry about credit score

Posted In: Economy, First Time Home Buyers, Foreclosures & Short Sales, Mortgage & Finance
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Aye aye aye. It’s a sign of the times. Over the last year and a half, the mortgage market has undergone more changes than in any comparable period since the Great Depression of the 1930s. The current housing market malaise has some homeowners up in arms. With the threat of losing their house on their shoulders, the idea of burning [...]
Feb
13

Foreclosure, any options?

Posted In: For Sellers, Foreclosures & Short Sales, Local Market Statistics
The big “F” word, foreclosure. This word is becoming a part of many consumer’s realities. But for many homeowners, they just don’t understand what it really means. And most are generally unaware that they have options. Check this out: Foreclosure and Default Data, Alameda County: January 2007-August 2007 Alameda: 16 foreclosures, 57 defaults Albany: 6 foreclosures, 17 defaults Berkeley: 33 [...]