Post Tagged with: "Jim The Realtor"

Short sale fraud

CNBC’s Diana Olick has the breaking story on alleged fraud in the mortgage industry. She has been writing about this for a few days now.  See Big Banks Accused of Short Sale Fraud – Realty Check with Diana Olick at CNBC’s website. Basically, second liens on properties like home equity loans have a blocking interest

Published by on 20 January 2010 17:28

Short Sales in North County: “Feeding Frenzy” as banks pretend and extend

Jim the Realtor is back with a bunch of foreclosures, REOs and short sales on the market in North County San Diego.  Some of these places look pretty nice.  In this particular video, the property is in Carmel Valley and on the market for $1.249 million. It is interesting for a couple of reasons. The

Published by on 20 October 2009 22:01

Housing: The “Euphoria Express” and More Euphoria

Here is some anecdotal evidence of the return of euphoria  in housing via Jim the Realtor.  Check out these videos of Carlsbad (North County section of San Diego) and the surrounding community to see what I mean – many but not all of these are going for well over list price. All of these are

Published by on 12 October 2009 16:02

News from around the web: 2009-07-23

Bernanke Says Add Consumer Protection to Fed Mandate – Bloomberg.com You have to respect the chutzpah behind this. Audacious NAB raises $2b in oversubscribed placement Banks are getting capital everywhere. Buffett’s $91,000 shares are a steal Barrons thinks they could get 125K by next year No time to waste in reforming German banking – FT

Published by on 23 July 2009 00:09

Cruising foreclosures, REO and short sales with Jim the Realtor

If you haven’t seen any of Jim the Realtor’s videos over at Calculated Risk, you are not getting a feel for what’s happening in residential real estate in America.  The guy really gives the whole housing problem in California a look you wouldn’t have unless you were a real estate agent living it. His videos

Published by on 21 July 2009 21:08

News from around the web: 2009-07-21

No Longer Alone, Ron Paul Fights the Fed – Real Time Economics – WSJ Paul’s bill to audit Fed has 274 co-sponsors. Some bailout firms up lobbying spending in 2Q – Yahoo! Finance Increased lobbying plus climb in shares equals no reform. Notes on a real estate trip in China – Michael Pettis Bubble in

Published by on 21 July 2009 00:03

Why not protect the homeowner?

This morning I was reading Simon Johnson’s excellent post “President Obama’s Regulatory Reforms Announcement: A Viewer’s Guide” about what Barack Obama should say when he makes his regulatory reform pitch today at 12:30 PM.  I agree with what he has to say about the need to re-assure us his ‘administration ‘gets it.’  And I suggest

Published by on 17 June 2009 08:55