Monthly Archives: December 2008

California Luxury Homes Still For Sale

David Findley has just re-launched his new, redesigned, interactive website serving the luxury real estate market in Los Angeles (www.estatehomesla.com). David is a Realtor with Sotheby’s International Realty and he’s proud to be affiliated with SIR because of their no … Continue reading

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Consultant Says – Sometimes with Equity Gone, Foreclose & Move On

UNION-TRIBUNE STAFF WRITER – Emmett Pierce 2:00 a.m. December 29, 2008 Deeply in debt and struggling with rising mortgage payments, many homeowners in slumping markets such as San Diego County are choosing foreclosure as a business decision despite the serious … Continue reading

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California Housing Prices for 2009 +/- 10%?

LA Times Peter Y. Hong December 27, 2008 Real estate experts who were troubled by a 10% drop in median home prices near the end of last year from the previous year probably were stunned by the 35% drop in … Continue reading

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California New Home Building to Continue

(12-25) 14:24 PST – Robert Freed vividly recalls the first house he saw under construction. When he was in the second grade, his parents built a home in Saratoga.“There was a point in time when the foundation had been poured,” he … Continue reading

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Lenders Are Sellers Too

By MICHAEL MOSS and GERALDINE FABRIKANT Published: December 24, 2008 “We are team-oriented, highly ethical, extremely competitive, profit-oriented, risk-averse, consumer-focused, and we try as much as possible to squeeze out any ego. Hubris is the beginning of the end.”SAN FRANCISCO … Continue reading

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