Mount Carmel Auction — THIS WEEKEND!

Put it on your calendar .. Oct. 25th, starting at 4:30pm. It’s “Under the Big Top”, the annual Mt. Carmel Auction.
You can view the online auction site here, get tickets for the event, or even download the Auction catalog.
Here’s just a small samplings of some of the great items up for auction:

A weekend in the [...]

Global Banks Need CHEAP Money Now?

Props again to Adam O. No, this ain’t no shill, just some good info to have.
So, Ben Bernanke and the Fed brought financial aid to the streets last week, lowering the Federal Funds Rate and Discount Rate by 0.50%. In an unprecedented emergency move, central banks across the globe joined in lowering interest rates. Huzzah!
This move [...]

My Email From Senator DiFi

Oh, ok, so it wasn’t PERSONALLY to me — more of an automated email sent to constituents expressing concern over the government’s bailout package..it’s a pretty interesting read, actually.
Whether you like her or not, the facts she lays out on the gravity of all the financial failures is pretty astounding…read on:
Dear Mr. Gory:
Thank you for [...]

Nearly 1 in 6 Homeowners is Underwater: Are You?

An article today on MSBNC.com purports that nearly 1 in 6 US homeowners owes more on their mortgage than their home is worth.  I imagine, like all real estate statements, it should be predicated with “Depending on where you live…”. In other words, your mileage may vary. I imagine that the ratio in Stockton is [...]

New Gory Details Podcast — Special Meltdown Episode!

 
This month: Special Financial Meltdown Episode and 2-Year Anniversary Episode
On this, the two year anniversary of the Gory Details Podcast….the longest running real estate podcast here in San Mateo County, we are covering the oh-so-relevant topic of today’s economic situation and how it’s affecting the mortgage and real estate market

And joining us today as our special [...]

New, Shiny Mt. Carmel Homes for Sale

Well, finally, a flurry of some bright and shiny new listings in Mt. Carmel (pictures and virtual tour links to follow):
179 Inner Circle – $1,060,000 – 3/1.5, 1890 sq. ft. on a HUGE 14,110 sf lot
2311 Brewster Ave – $1,349,000 – 5br/3ba, 2570 sq. ft. on a 6500 sf lot
102 Jeter St. – $1,399,000 – [...]