Real estate short sales are becoming all the rage in the Mammoth MLS inventory. And anybody who consistently reads here knows I’m skeptical about them in the Mammoth market for many reasons. But with an ever changing economic landscape, manipulations from Washington DC, and fluctuating bank policies, I’ve tried to keep an open mind and continue to do my own research on what to expect in the … [Read more...]
Mammoth Foreclosures 3.0––Let The Games Begin.
July 14, 2008 By 13 Comments
The past few weeks have become more and more exciting in the Mammoth Foreclosure realm. From attending Trustee’s Sales (aka auctions), to “cash-for-keys” negotiations between lenders and former owners and tenants, to sometimes disgusting “trash-outs”, to seeing happy new owners settling into a once-foreclosed property, there are few dull moments. And the paperwork, endless forms, and … [Read more...]
Mammoth Foreclosures 2.0––The First Inning
April 3, 2008 By 5 Comments
Foreclosures are reaching record numbers in many real estate markets, some to the extent that foreclosure numbers are exceeding actual closed sales. Seeing those kinds of statistics can be shocking. Clearly, the values in those markets will be greatly impacted by the volume of foreclosed properties. That is why I have been intensively watching and reporting on that segment of the market for the … [Read more...]
Broker’s Report, Feb. 5
February 5, 2008 By 5 Comments
Broker’s Report Feb. 5––Lots of good and interesting things to talk about. Snow. January was a snowy and windy month and it has spilled into February. Mammoth has solid snowpack on the ground and good skiing is guaranteed through spring and the winter certainly won’t be labeled drought. It is creating buzz. And the snow has brought real estate activity with it. Real estate sales. The … [Read more...]
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