tag:blogger.com,1999:blog-2983944778720243687.post8058972579486824713..comments2023-11-05T04:24:01.807-08:00Comments on Westside Bubble: Navy St.Westside Bubblehttp://www.blogger.com/profile/03383559105050069002noreply@blogger.comBlogger38125tag:blogger.com,1999:blog-2983944778720243687.post-89828904889639811182007-11-07T12:49:00.000-08:002007-11-07T12:49:00.000-08:00The city rests on a mostly flat slope that angles ...The city rests on a mostly flat slope that angles down towards Ocean Avenue and towards the south. High bluffs separate the north side of the city from the beaches <A HREF="http://www.enterbet.com" REL="nofollow">sportsbook</A>.<BR/>According to the United States Census Bureau, the city has an area of 41.2 km² (15.9 mi²); 21.4 km² (8.3 mi²) of land. Its borders extend three nautical miles (5.6 km) out to sea, and so 19.8 km² (7.7 mi²) of it is water for a total area that is 48.08% water.<BR/><A HREF="http://www.enterbet.com" REL="nofollow">http://www.enterbet.com</A>Unknownhttps://www.blogger.com/profile/09559440378479313077noreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-25437118484475825692007-08-29T10:30:00.000-07:002007-08-29T10:30:00.000-07:00The information of this site is really important s...The information of this site is really important since it counts on specific details for interested in real estate. <BR/><BR/>The illustration that offers on the life in Costa Rica and its people seems to me very advisable the image of the <BR/><BR/>country and contributes great benefits for the tourism, business that offers many economic advantages for the <BR/><BR/>country. The increase of real estate in Costa Rica during the last years is the test that Costa Rica in one of the <BR/><BR/>destinies more looked for by the foreigners eager to invest in this point of exuberant beauty of flora and fauna. I <BR/><BR/>also count on information referring to the subject.<BR/><BR/>More information at:<BR/><A HREF="http://www.costaricaindex.com/costa-ricarealestate0.php" REL="nofollow"></A>Great <A HREF="http://www.costa-<br/" REL="nofollow"/> <BR/> <A HREF="http://www.costa-ricarealestate.com/costa-rica-real-estate-PPC.html" REL="nofollow" TITLE="Pacific Coast Realty">Pacific <BR/><BR/>Coast Realty</A>, <A HREF="http://www.costa-ricarealestate.com/costa-rica-real-estate-PPC.html" REL="nofollow" TITLE="Costa Rica <br/"/>. Visit us for more info at: <A HREF="http://www.costa-<br/" REL="nofollow"/>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-58360520515420238822007-07-06T18:57:00.000-07:002007-07-06T18:57:00.000-07:00A lot of people ask me how I like living in Costa ...A lot of people ask me how I like living in Costa Rica. My answer is, it was the best decision that I made in my life. I came to Costa Rica 7 years ago on a vacation and quickly fell in love with the beauty of the country and the hospitality of the people here. I couldn't wait to come back. I started coming here about 4 times per year and always had a great time and didn't want to leave. Two years ago, I decided to leave Arizona and come live in Paradise. I can not tell you how happy I am that I made that decision. Today, I wake up next to the ocean and run on the beach every morning. I eat the most delicious fruits, vegetables and fresh seafood. My stress levels are much lower than when I was living in the States and the potential here for investing, truly is unlimited. The best part of living here is showing our clients this country. I really don't feel like I have a job for the first time in my life. The joy I receive when I see the look on people's faces when they get into the warm water of the Pacific ocean is truly priceless. For those of you that have come and discovered paradise, you know what I am talking about. For those of you that are on the way, I can't wait to get you here. And to those who are thinking about Costa Rica, please do yourself a favor and come down. You will have the time of your life.<BR/><BR/>We invite you to take a tour on our website, and if should more information is required:<BR/>Great <A HREF="http://www.costa-ricarealestate.com" REL="nofollow" TITLE="Costa Rica Pacific Coast investment opportunity"><I><B>Costa Rica Pacific Coast investment opportunity</B></I></A>, <I><B>guanacaste beach condos</B></I>, jaco beach condos, <A HREF="http://www.costa-ricarealestate.com" REL="nofollow" TITLE="Real Estate properties in Jaco beach Costa Rica"><I><B>Real Estate properties in Jaco beach Costa Rica</B></I></A>, jaco beach real estate, beach condos rentals costa rica, condo for sale in costa rica. Visit us for more info at: <I><B><A HREF="http://www.costa-ricarealestate.com" REL="nofollow" TITLE="costa rica real estate">http://www.costa-ricarealestate.com</A></B></I>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-27271624856462469592007-07-06T18:55:00.000-07:002007-07-06T18:55:00.000-07:00A lot of people ask me how I like living in Costa ...A lot of people ask me how I like living in Costa Rica. My answer is, it was the best <BR/><BR/>decision that I made in my life. I came to Costa Rica 7 years ago on a vacation and quickly <BR/><BR/>fell in love with the beauty of the country and the hospitality of the people here. I <BR/><BR/>couldn't wait to come back. I started coming here about 4 times per year and always had a <BR/><BR/>great time and didn't want to leave. Two years ago, I decided to leave Arizona and come live <BR/><BR/>in Paradise. I can not tell you how happy I am that I made that decision. Today, I wake up <BR/><BR/>next to the ocean and run on the beach every morning. I eat the most delicious fruits, <BR/><BR/>vegetables and fresh seafood. My stress levels are much lower than when I was living in the <BR/><BR/>States and the potential here for investing, truly is unlimited. The best part of living <BR/><BR/>here is showing our clients this country. I really don't feel like I have a job for the <BR/><BR/>first time in my life. The joy I receive when I see the look on people's faces when they get <BR/><BR/>into the warm water of the Pacific ocean is truly priceless. For those of you that have come <BR/><BR/>and discovered paradise, you know what I am talking about. For those of you that are on the <BR/><BR/>way, I can't wait to get you here. And to those who are thinking about Costa Rica, please do <BR/><BR/>yourself a favor and come down. You will have the time of your life.<BR/><BR/>We invite you to take a tour on our website, and if should more information is required:<BR/><BR/><BR/>Great <A HREF="http://www.costa-ricarealestate.com" REL="nofollow" TITLE="Costa Rica Pacific Coast <br/"/>, <BR/><BR/><I><B>guanacaste beach condos</B></I>, jaco beach condos, <A><BR/><BR/>href="http://www.costa-ricarealestate.com" title="Real Estate properties in Jaco beach Costa <BR/><BR/>Rica"><I><B>Real Estate properties in Jaco beach Costa Rica</B></I></A>, jaco beach real <BR/><BR/>estate, beach condos rentals costa rica, condo for sale in costa rica. Visit us for more <BR/><BR/>info at: <I><B><A HREF="http://www.costa-ricarealestate.com" REL="nofollow" TITLE="costa rica real <br/"/></B></I>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-63718281098997599282007-07-06T18:54:00.000-07:002007-07-06T18:54:00.000-07:00A lot of people ask me how I like living in Costa ...A lot of people ask me how I like living in Costa Rica. My answer is, it was the best <BR/><BR/>decision that I made in my life. I came to Costa Rica 7 years ago on a vacation and quickly <BR/><BR/>fell in love with the beauty of the country and the hospitality of the people here. I <BR/><BR/>couldn't wait to come back. I started coming here about 4 times per year and always had a <BR/><BR/>great time and didn't want to leave. Two years ago, I decided to leave Arizona and come live <BR/><BR/>in Paradise. I can not tell you how happy I am that I made that decision. Today, I wake up <BR/><BR/>next to the ocean and run on the beach every morning. I eat the most delicious fruits, <BR/><BR/>vegetables and fresh seafood. My stress levels are much lower than when I was living in the <BR/><BR/>States and the potential here for investing, truly is unlimited. The best part of living <BR/><BR/>here is showing our clients this country. I really don't feel like I have a job for the <BR/><BR/>first time in my life. The joy I receive when I see the look on people's faces when they get <BR/><BR/>into the warm water of the Pacific ocean is truly priceless. For those of you that have come <BR/><BR/>and discovered paradise, you know what I am talking about. For those of you that are on the <BR/><BR/>way, I can't wait to get you here. And to those who are thinking about Costa Rica, please do <BR/><BR/>yourself a favor and come down. You will have the time of your life.<BR/><BR/>We invite you to take a tour on our website, and if should more information is required:<BR/><BR/>Great <A HREF="http://www.costa-ricarealestate.com" REL="nofollow" TITLE="Costa Rica Pacific Coast <br/"/>, <BR/><BR/><I><B>guanacaste beach condos</B></I>, jaco beach condos, <A><BR/><BR/>href="http://www.costa-ricarealestate.com" title="Real Estate properties in Jaco beach Costa <BR/><BR/>Rica"><I><B>Real Estate properties in Jaco beach Costa Rica</B></I></A>, jaco beach real <BR/><BR/>estate, beach condos rentals costa rica, condo for sale in costa rica. Visit us for more <BR/><BR/>info at: <I><B><A HREF="http://www.costa-ricarealestate.com" REL="nofollow" TITLE="costa rica real <br/"/></B></I>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-48929318828069236132007-05-31T10:26:00.000-07:002007-05-31T10:26:00.000-07:00To Westside Bubble:yes, please! keep it up. I ju...To Westside Bubble:<BR/><BR/>yes, please! keep it up. I just found this blog and love it. Having lived in Ocean Park for close to ten years, I'm fascinated by the real estate machinations going on around me.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-12128516085458991372007-05-26T14:46:00.000-07:002007-05-26T14:46:00.000-07:00I think this may be a record for this blog as far ...<I>I think this may be a record for this blog as far as number of comments...I have enjoyed finding out that I am not the only one who realizes Santa Monica/westside areas are in for trouble.</I> <BR/><BR/>It's great to see this community forming, Craig and others! I'll do my best to keep it entertaining and useful.Westside Bubblehttps://www.blogger.com/profile/03383559105050069002noreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-39655497547346849872007-05-25T23:01:00.000-07:002007-05-25T23:01:00.000-07:00I'm dying to see what happens by the end of the su...<I>I'm dying to see what happens by the end of the summer and early 2008.</I><BR/><BR/>Me too. Right now the market is perking along, with both new and old listings selling.Westside Bubblehttps://www.blogger.com/profile/03383559105050069002noreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-8495895034586144312007-05-25T12:52:00.000-07:002007-05-25T12:52:00.000-07:00Craig, I'm dying to see what happens by the end of...Craig, I'm dying to see what happens by the end of the summer and early 2008. That's when reality is going to begin setting in in this area. <BR/>I'm beginning to think that once we are there, it is going to be so overwhelming that it's going to scare off the market even some of us who have been waiting for a crash to be able to buy something.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-82140701525064528962007-05-25T09:38:00.000-07:002007-05-25T09:38:00.000-07:00I think this may be a record for this blog as far ...I think this may be a record for this blog as far as number of comments...I have enjoyed finding out that I am not the only one who realizes Santa Monica/westside areas are in for trouble. I am excited to see how things turn out at the end of this summer and into next yearAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-17351964804139485472007-05-25T07:30:00.000-07:002007-05-25T07:30:00.000-07:00"dwr, why not be a little bolder? Pull out that Am..."dwr, why not be a little bolder? Pull out that Amex and buy all of Costa Rica! I mean, %100 LTV, oh heck, what am I saying? %110 LTV! And think of the points!"<BR/><BR/>True, I would be a bazillionaire overnight. And there is no limit on an Amex card...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-35702868055841771392007-05-24T21:54:00.000-07:002007-05-24T21:54:00.000-07:00You guys seem to be enjoying this Costa Rica spam,...You guys seem to be enjoying this Costa Rica spam, so I'll leave it. Next one gets deleted.<BR/><BR/>Thanks for the link http://tinyurl.com/2osc3t, dwr. Here's the net:<BR/><BR/><< While national economic indicators are still showing signs of growth and the stock market is boasting sustained earnings despite substantial sell-offs earlier in the year, the dramatic slowing of the housing market nationally and in California could begin to impact local revenue, Ewell said.<BR/><BR/>In Santa Monica, the number of foreclosures has risen dramatically and homes for sale are staying longer on the market, Ewell said.<BR/><BR/>So far this year, there have been <B>114 foreclosures</B> in the upscale beachside city, compared to <B>140 in all of last year</B>, according to foreclosures rates obtained by the City Manager's office though the legal database, Westlaw.<BR/><BR/>The current foreclosure rate is double what it was in 2005, when there were 65 foreclosures in Santa Monica, according to the data.<BR/><BR/>"Assuming that you extrapolate that out, we are seeing more foreclosures, and it's showing us that the housing industry is continuing to take a hit," Ewell said. >>Westside Bubblehttps://www.blogger.com/profile/03383559105050069002noreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-31749401077709338972007-05-24T20:27:00.000-07:002007-05-24T20:27:00.000-07:00"Can I buy 2?"dwr, why not be a little bolder? Pu..."Can I buy 2?"<BR/><BR/>dwr, why not be a little bolder? Pull out that Amex and buy all of Costa Rica! I mean, %100 LTV, oh heck, what am I saying? %110 LTV! And think of the points!Lionelhttps://www.blogger.com/profile/12624026990027498835noreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-77253244730297949832007-05-24T19:37:00.000-07:002007-05-24T19:37:00.000-07:00As far as credit card juggling - I bet you aren't ...As far as credit card juggling - I bet you aren't in the entertainment industry. Lot of folks (myself included) try to beat the credit cards at their own game but sometimes (like last year when I was stiffed $50,000) credit is a survival tool. I've managed to use it mostly to my benefit but I can see how it can easily get out of hand especially if you are kidding yourself that your house will pull you through. I'm not sure it bodes well for Amex either.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-84082943293180101922007-05-24T19:35:00.000-07:002007-05-24T19:35:00.000-07:003273 Granville - also trust/conservatorship - does...3273 Granville - also trust/conservatorship - does that make it a foreclosure?<BR/><BR/>It dropped $150000 today.<BR/><BR/><BR/>REMARKS: PRIME WESTDALE AREA HOME ON MAR VISTA HILL! CLOSE DISTANCE TO MAR VISTA ELEMENTARY. TRENDY SHOPS AND EATERIES, WHOLE FOODS MARKET! UPDATED KITCHEN WITH NEW APPLIANCES! BREAKFAST NOOK! MOSTLY ORIGINAL WOOD FLOORS UNDERNEATH CARPET! CLOSE TO STUDIOS! QUAINT COMMUNITY! COME AND SEE THIS AMAZING TREASURE!<BR/>ROOMS: Breakfast,Den,Dining,Family,Office<BR/>EQUIP: Dishwasher,Garbage Disposal,Hood Fan,Range/Oven<BR/>AIR: None HEAT: Floor Furnace<BR/>FLOOR: Carpet,Hardwood,Laminate,Vinyl LAUNDRY: Inside,Room<BR/>FIREPL: Living Room,Wood Burning ROOF: Composition<BR/>POOL: None TENNIS: None<BR/>PARK: Detached,Garage SPA: None<BR/>VIEW TYPE: City Lights,Mountains,Tree Top WATERFRONT: None<BR/>SEC: None FIN: Cash To New Loan<BR/>SEWER: In Street POSS: Close Of Escrow<BR/>DISC: As Is,Trust/Conservatorship SZONE: Other<BR/>OCC/SHOW: Call LA 1,Combo Lock Box,MLS Lock Box,Vacant<BR/>LP: $999,000 DOM: 84 SP: SSP: OLP: $1,150,876<BR/>LD: 03/01/200<BR/><BR/>-dlpAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-30772581084740698452007-05-24T19:03:00.000-07:002007-05-24T19:03:00.000-07:00"Do you want to see something more? you can visit ..."Do you want to see something more? you can visit too:Great investment opportunity at Costa Rica"<BR/><BR/>Can I buy 2?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-46107694566097864762007-05-24T15:12:00.000-07:002007-05-24T15:12:00.000-07:00This was on Ben's blog, about foreclosures in Sant...This was on Ben's blog, about foreclosures in Santa Monica:<BR/><BR/>http://tinyurl.com/2osc3tAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-50028600150248816742007-05-24T14:45:00.000-07:002007-05-24T14:45:00.000-07:001419 15th St - 1/1 condoCame across a 1 bedroom co...1419 15th St - 1/1 condo<BR/><BR/>Came across a 1 bedroom condo on Craigslist asking $400K...I don't know which unit it is but the most recent 1/1 sale in the complex was on 1/31/06 for $431K (equivalent square footage, etc)...<BR/><BR/>Looks like we are already rolling prices back 2 years!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-17174680406988418472007-05-24T11:36:00.000-07:002007-05-24T11:36:00.000-07:00Anon,I'm assuming you are talking about mortgages ...Anon,<BR/><BR/>I'm assuming you are talking about mortgages when you say "collateralized" but can you define which types of "uncollateralized" loans you are talking about? Are you talking about low intro rates on credit cards? Maybe I'm missing somethingAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-77195166165356223852007-05-24T11:08:00.000-07:002007-05-24T11:08:00.000-07:00Craig said...Yea the credit card rewards situation...Craig said...<BR/>Yea the credit card rewards situation is great for us...but think of most people who get suckered into carrying balances. If anything, this could be something that somewhat postpones the deflation of the real estate market because people can delay defaults by racking up the bill on plastic and then transfering it to new cards with low into rates.<BR/><BR/>Craig, you are so right! And what is happening with the inversion of collateralized debt to short term debt? This is a topic about which we should prod Charles Hugh Smith to pontificate. For how can it make sense for a consumer to pay higher rates on collateralized debt when compared to low rates on short term uncollateralized loans? <BR/><BR/>From my limited point of view, what I see as a significant problem in this market which seems to have no severe correction yet in sight, is a mismatching of risk and rates to various types of debt. But maybe I've got the risk picture all wrong and I'd love someone to ring in with tales of enlightenment.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-38219258463394462692007-05-24T10:11:00.000-07:002007-05-24T10:11:00.000-07:00Thanks for posting the price...I think this should...Thanks for posting the price...I think this should fall further but my guess is that it will sell in the high 600s as many folks will salivate at "bank owned" foreclosures at this point.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-24308099513014037612007-05-24T10:00:00.000-07:002007-05-24T10:00:00.000-07:002718 Barrington went on ZipRealty yesterday with a...2718 Barrington went on ZipRealty yesterday with an asking price of $699,900.<BR/>Here's the URL:<BR/>http://tinyurl.com/28ypbj<BR/><BR/>Ridiculously, Zillow Zestimates it at <B>$983,848</B>, or $746 per sq ft.<BR/><BR/>Having lived on the intersection of Barrington and Texas Ave for 5 years, you couldn't pay me to live on Barrington ever again. <BR/>Constant traffic, weekly (often fatal) crashes at the traffic lights, plus the University High kids screaming and shouting down the road on their way to school at 7am - and back again at 3pm.<BR/><BR/>Horrible, horrible road to live on.speedingpullethttps://www.blogger.com/profile/03115650690979498735noreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-65806237699619904502007-05-24T08:07:00.000-07:002007-05-24T08:07:00.000-07:00Yea the credit card rewards situation is great for...Yea the credit card rewards situation is great for us...but think of most people who get suckered into carrying balances. If anything, this could be something that somewhat postpones the deflation of the real estate market because people can delay defaults by racking up the bill on plastic and then transfering it to new cards with low into rates.<BR/><BR/>I use my credit card for almost everything. Chase rewards gives me 1% cash on everything except for gas, groceries, and drug stores...I get 5% back at them!<BR/><BR/>Is there a price for that west LA foreclosure? Here are the details for it:<BR/><BR/>2718 s barrington ave<BR/>Sale History <BR/>03/28/2007: $670,263 <BR/>09/27/2005: $740,000 <BR/><BR/>So it was purchased at the top of the bubble in late 05 and the early 07 sale date is the bank taking it back. Here is the loan info for the lady who bought it in 05 and went into foreclosure:<BR/><BR/>first mortgage:<BR/><BR/>Lender: FIELDSTONE MORTGAGE CO<BR/>Type of Mortgage: FANNIE MAE/FREDDIE MAC; FIXED RATE/CONVENTIONAL<BR/>Loan Amount: $ 629,000<BR/>Rate: 7.25 %<BR/>Term: 10/1/2035<BR/>Title Company: UNITED TITLE COMPANY<BR/><BR/>and the second mortgage:<BR/><BR/>Mortgage Type: NON-PURCHASE MONEY<BR/>Lender: FIELDSTONE MORTGAGE CO<BR/>Lender Type: SUBPRIME LENDER<BR/>Loan Amount: $ 111,000<BR/>Loan Type: STAND ALONE SECOND<BR/>Due Date: 10/1/2020<BR/><BR/>So what do we see here? $0 down, 100% financed...also note the second mortgage by subprime lender Fieldstone...<BR/><BR/>Finally, the current owner is:<BR/><BR/>Buyer: HSBC BANK USA NA (Beneficiary)<BR/>Sale Date: 3/23/2007<BR/>Recorded Date: 3/28/2007<BR/>Sale Price: $ 670,263 (Full Amount)<BR/>Document Number: 07-0716845<BR/>Deed Type: TRUSTEE'S DEED - (CERTIFICATE OF TITLE)<BR/>Assessor's Parcel Number: 4258-008-004<BR/><BR/>Thats right...HSBC is now the proud owner. It would be great to know what they are asking for this place and for it to be featured on this blog when/if it sells so we can see how much of a loss there is. So this property that sold for $740K at the top got bought by the bank for $670K (a 10% decline)...now lets see how the bank does.<BR/><BR/>Can someone please look up the asking price on this? Westside, is this worth a post?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-87518623794389986402007-05-24T07:18:00.000-07:002007-05-24T07:18:00.000-07:00"This AmEx scheme is a bad deal for consumers who ..."This AmEx scheme is a bad deal for consumers who don't pay off their bill monthly."<BR/><BR/>No kidding. On the flipside, for those that don't carry any revolving debt, it's a sweet deal. I get about $800 per year from my credit cards, simply from using them instead of a debit card.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2983944778720243687.post-50936309527564869272007-05-24T06:40:00.000-07:002007-05-24T06:40:00.000-07:00WESTSIDE FORECLOSURE2718 s barrington ave,los ange...WESTSIDE FORECLOSURE<BR/>2718 s barrington ave,los angeles, CA 90064<BR/>Area: West L.A.<BR/>Bank Owned Foreclosure !!! Great opportunity in desirable WLA neighborhood. 3 + 1.75 with bonus room / office. Needs some TLC but priced accordingly. Seller selects services / Offers to have pre-qual or proof of funds / Vacant call listing agent for lock box combo.<BR/>IT IS ON A BUSY STREET AND UNDER THE SM FLIGHT PATH - BUT STILL! - DLPAnonymousnoreply@blogger.com