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From Bubble Markets Inventory Tracking - view blog entries - visit this blogMay 14, 2008 at 2:24 pm ET
The Buzz is out there, April resale home sales are up in comparison to March. And Ziprealty's very own REALTOR® Pam is pushing it hard. Here's an e-mail she sent out to one of our ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogMay 13, 2008 at 8:07 am ET
Over the weekend the Union Tribune once again found fresh meat for their "Money Makeover" series. To fit in with the times, the paper found Antwane and Holly, homeowners that found "their property values have ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogMay 12, 2008 at 4:42 pm ET
1656 Pacific Beach Dr, Pacific Beach, Ca 92109 --2 beds, 1.0 baths, 750 sq ft--10/2007: purchased for $550,000--loan balance $412,5005741 Chelsea Ave., La Jolla, CA 92037 --4 beds, 2.0 baths, 1,316 sq ft--08/2006: ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogMay 12, 2008 at 12:25 pm ET
Call TODAY, tell the live-operator you would like to comment on the possible veto by President Bush regarding the Frank-Dodd bailout bill. ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogMay 10, 2008 at 10:52 am ET
This past week, the House approved the much talked about $300 Billion Mortgage Bailout Bill. Specifically, it plans to "will expand the FHA (Federal Housing Administration) program so that borrowers in danger of losing their ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogMay 9, 2008 at 12:45 am ET
According to Ward Hanigan's Innovest, April's NODs are now at 3,601 and the foreclosures are at 1,512. Needless to say, another record breaking month once again. ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogMay 8, 2008 at 10:16 am ET
When REALTOR® Moon passed his real estate license exam back in 2003, he figured he had finally made it. No longer is he just Fresh-Off-the-Boat, but now he is Somebody!As a real estate professional, he ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogMay 7, 2008 at 10:06 am ET
4565 Casa Nova Court, Otay Mesa, CA 92154--6 beds, 4.0 baths, 3,240 sq ft--04/2006: purchased for $855,0004573 Casa Nova Court, Otay Mesa, CA 92154--6 beds, 4.0 baths, 3,240 sq ft--04/2008: listed then reduced to $400,000Mr. ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogMay 6, 2008 at 10:35 am ET
The All Powerful and All Knowing Chairman Bernanke is once again out there pushing his principal reduction plan. Let's see how this would work in real life... In October of this year, this 896 sqft ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogMay 4, 2008 at 8:52 pm ET
There's a lot of jokes out there at Jose Canseco's expense these days. We here at BMIT feel that Jose can actually turn this around into a money making venture by becoming a spokesperson for ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogMay 2, 2008 at 2:27 am ET
There are so many real estate Gurus out there that it is hard to figure out who to give your seminar money to these days. Well, BMIT has found the Guru for you!This beautiful house ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogMay 1, 2008 at 5:04 am ET
Spring is here and inventory is either falling or flattening. This is true in every single region we track here at BMIT except for the lagging markets of Seattle, Austin, and San Jose. As one ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogApril 30, 2008 at 1:50 am ET
One group most affected by the housing bubble were young families that just started out after 2003. With prices going up so quickly, these young families looked to their colleagues just a couple of years ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogApril 29, 2008 at 4:37 am ET
The image here is captured from realtytrac.com showing a random neighborhood in Cape Coral in Florida's Southwest coast. All over Cape Coral, the entire city is filled with foreclosures at various stages.Ziprealty.com currently shows 10,546 ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogApril 27, 2008 at 11:21 am ET
Decent article in the Union Tribune today on the difference in price of foreclosures vs nonforeclosure homes. In essence, banks are willing to wheel and deal, while homeowners refuse to budge.As we seen this year, ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogApril 25, 2008 at 3:50 am ET
REALTOR® Javier earned his salesperson license in 2001. As he rode the boom up, he developed a keen nose for value and bargain. In the summer of '06, he spotted a must buy in San ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogApril 24, 2008 at 9:01 pm ET
It's too bad the LA Times stopped graphing the California foreclosures. This is the best I can do, but it is getting harder to graph these as I have to shrink the original graph smaller ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogApril 24, 2008 at 10:11 am ET
REALTOR® Ester got into the real estate business in 2004 right at the peak of the boom. As the market start to soften up in 2006, she and her husband decided in September of '06 ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogApril 23, 2008 at 2:57 am ET
Last year in March 6239 Lismore Place came up on the BMIT radar screen as part of the Super Jenae® circus. Within a year's time, just like clock work, this over-priced, zero-down, 100% financed $1.35 ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogApril 21, 2008 at 4:42 pm ET
Reader Rick recently e-mailed me after receiving a market update from his Ziprealty.com REALTOR® Pamela. Pamela's first point on her market update was this:"Home sales have increased in each of the last three months."While Pamela ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogApril 21, 2008 at 5:19 am ET
Here's a blast from the past. Back in December of '05 this blog first caught on to the phenomenon of extreme flipping. Where did we find these extreme flippers? Why Vegas of course. One ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogApril 19, 2008 at 11:34 am ET
This is a good reminder that our economy is cyclical, with a general 10 year cycle. As the economy was artificially boosted by ultra-low interest rate starting in '01, followed by complete loosening of credit ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogApril 17, 2008 at 8:52 am ET
Over at Piggington.com reader 'Lost' found another victim of the John Borzellino and Super Jenae® scheme.Link to Rip-Off ReportWhere's the FBI? ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogApril 17, 2008 at 8:42 am ET
On February 28th Ventura County's very own REALTOR® Mark got himself very excited. He had a secret, he had the inside scoop, and he wrote it on his blog so he can share it with ... ( more)
From Bubble Markets Inventory Tracking - view blog entries - visit this blogApril 15, 2008 at 4:21 pm ET
This article on risky real estate markets was featured on the Yahoo Frontpage just a few days ago, here's a quote on San Diego:"In cities like San Diego, one of five major metros where transactions ... ( more)
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