The best I can work up is that January TDs came in at only 256.  That is slightly down from December’s 269 and continues the leveling or downward trend.  NOSs were up to 470 from December’s 420, only eclipsed by the 481 NOSs in July.  Gross NODs came in at 790, the highest on record, […]

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Just received the following press release forwarded from my contact at Fidelity National Home Warranty…
USA TODAY
For Immediate Release
Friday, January 30, 2009 - Today, Freddie Mac plans to announce a first-of-a-kind plan that lets homeowners and tenants temporarily stay in homes in foreclosure by renting them back, an effort to stop many of the sudden evictions […]

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“Guy, if I buy this house, will my property taxes be calculated based off my purchase price?”
This is a question I get asked quite often.  And is one for which most buyers are surprised to hear the answer.  What they are really asking is will their new property tax bill be lower than the property’s […]

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For the data hounds out there there’s a cool site that provides very detailed real-time real estate data for virtually any city, county or region you might select.  The company is called ALTOS Research and you can visit their site here.
Subscribe to their service and each week Altos Research will email you a Real-time Market […]

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The Foothills at Wingfield Village is a pretty nice development, and Comet Linear is a pretty nice street within the development.  There are only 18 houses on the street and the even numbered houses back up to the golf course.
3740 was purchased in December 2005 for $461,705 and received a Trustee’s Deed in November 2007.  The bank […]

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Here’s a market sector that no one has commented on before - the under $100,000 market.  There are about 340 MLS listings currently showing up in this price range.  Many are studio, 1 bedroom, or even 2 bedroom condos.  Most aren’t  in places the readership of this blog would deign to live in.  Many are places in […]

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We’ve been discussing auctions lately on the blog as an alternative to the traditional model of listing and selling property.  But how about a raffle?
The flyer below came across my email this morning.  For $100 you get a chance at winning “a stunning 1-bedroom waterfront condominium on Miami Beach, Florida.”  Plus the organizers "will pay […]

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Wall Street hammered the financial sector again today.  It is almost getting to the point where I could trade in my used Audi and buy CitiGroup in its entirety.  The smoke has drifted away and the mirrors have been shattered, and we are finally coming to see what dire condition our major financial institutions are […]

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How naive I was.  Cleaning up the computator, I ran across the first guest post I ever contributed here on RRB, Jaded in Wonderland.   It is worth another read  from June 2007- it is where "Jaded" was born and got me my gig as an un-indicted co-conspirator here on this blog.  I thought the pricing […]

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I have just returned from a real estate auction this morning for a house in the Village at Somersett.  Despite the chilly morning the auction (held in the driveway of the property) drew a pretty good turnout.  I counted 26 people in the crowd, including at least three real estate agents. 
The subject property is located […]

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