Update as the project has been approved: Planning Commission Approves Balour Subdivision Developer Melia Homes originally planned to build nine two-story homes at 720 Balour Dr., a former greenhouse site. But in response to residents contending the project would loom over the existing neighborhood, the developer downsized the development to two single-story homes and seven […]
An example would be 631 Stratford Drive, Encinitas, CA 92024. – A sign was placed on the property with a “Coming Soon” rider approximately 2 weeks prior to listing hitting MLS. – Listing was placed on MLS 1/19/2016 with a price of $1,095,000. – Listing was reduced to $995,000 on 2/9/2016. – Listing was reduced […]
http://www.mortgagenewsdaily.com/03072016_black_knight_mortgage_monitor.asp Mar 7 2016, 10:45AM The sharp drop in interest rates that began 2016 has had a very real impact on the so-called “refinanceable” population of homeowners. Black Knight Financial Services says that the 30 basis point decline the market experienced in the first six weeks of the year increased the numbers of those who […]
http://www.housingwire.com/articles/36343-bank-of-america-now-offers-3-down-mortgages-without-mortgage-insurance Partners with Freddie Mac, Self-Help Ventures Fund February 22, 2016 Brena Swanson Bank of America unveiled a new affordable mortgage program that offers consumers the option of putting as little as 3% down and requires no mortgage insurance. The program does not involve the Federal Housing Administration, whose program has recently undergone a lot of […]
I’ve known (since about ’97 ) the former owner of this 2.5ac parcel Mr. Paul Gozzo for quite some time. Mr. Gozzo was a long time (mid 1960’s) local RE Broker and investor. Paul is a delightfully friendly and generous man I was privileged to meet while working as an RE Assistant for my […]
http://www.sandiegouniontribune.com/news/2016/jan/21/carlsbad-approves-spending-on-highway-101-repairs/ CARLSBAD — One lane of southbound Highway 101 remains closed in Carlsbad, where the city agreed this week to spend $841,000 on a permanent solution to the damage left by December’s high tides and big waves. The erosion, a quarter mile south of Palomar Airport Road, initially threatened to undermine the iconic seaside highway, […]
http://www.encinitasadvocate.com/news/2015/dec/30/encinitas-stories-watch-2016/ Here are seven Encinitas stories to keep an eye on in 2016, from a fight over a seawall to urban agriculture to El Niño rains. Start of Pacific View transformation? After being closed for 15 years, the Pacific View property in downtown Encinitas could finally be revamped in the not-too-distant future. A local […]
http://www.housingwire.com/articles/35861-short-sale-tax-break-on-verge-of-being-extended-until-2017 Included in federal spending bill expected to be signed by President Obama December 18, 2015 Ben Lane Homeowners who had short sales in 2015 are about to get big break on their taxes, thanks for a massive federal spending bill that’s about to be signed into law by President Obama. The Mortgage Debt Forgiveness […]
http://www.seasidecourier.com/news/i–widening-project-to-start-this-spring/article_9a453102-a0a6-11e5-94e3-3f7d625090c8.html by Thomas K. Arnold The long-awaited widening of Interstate 5 through coastal North County will be happening a lot sooner than many people think, according to an email from a top California Department of Transportation official. In a Dec. 8 email send to Carlsbad city officials, Laurie Berman, district director for Caltrans, said construction […]
http://www.realtor.com/news/real-estate-news/tax-break-for-home-short-sellers-at-risk/ Last-minute negotiations in Washington have left real-estate agents and sellers nervous about the possibility that distressed homeowners could receive an unwelcome tax hit. Congress has yet to reach an agreement to extend a tax break that forgives taxes on owners who sell their home for less the remaining mortgage balance in what is known […]