I would like to share with an interesting blog post I read this week at The Housing Chronicles Blog, and at the site of local realtor, Shevy Akason, who has been profiling properties at or below rental parity.
I have asked Shevy to provide both a recently closed good deal in the area plus a property currently for sale. As he closes his deals, they will be featured as the closed deal. I have asked him for this to show (1) there are good deals happening in the market and (2) there are still properties available that make good cashflow investments. The currently available deal may not be a property he recommends for one reason or another, but it is illustrative of what can be found in the market if you look.
I was also particularly impressed by the article posted in yesterday’s comments providing some perspective on the financial mess here in the US: The Quiet Coup.
Here Comes the Sun — The Beatles
Did you know that you can find the floorplan of every new home in Southern California online? As a member of the Building Industry Association, I know about the website NewHomesMatch.com. Unfortunately, nobody else does. I have offered to help call attention the site by linking to them here on the IHB, but I have not heard back from them yet. I thought that perhaps the weekend open thread was a good opportunity to send them some traffic, so please, go check out their beta site at NewHomesMatch.com and let me know what you think. When they get back in touch with me, I will make sure they see your comments.
My wife found a new realtor ad on YouTube. He appears to be trying to appeal to women…
It is a warm and sunny weekend. Get out and enjoy it 😉