It’s not a B-reel Harry Potter movie, folks; it’s a phenomenon by which the number of Notices of Default filed in August in the U.S. has spiked dramatically-- an overall increase of 116% --to the highest level in a year. An August 2011 ForeclosureRadar report shows that the Notices of Default (NOD) or Notices of Trustee Sale(TS) rose in nearly every state, with California’s NODs jumping 69.5% and TSs jumping 6.06% over the previous month. Alameda County Realtor Pacita Dimacali localizes the issue: “In my neck of the woods, the jump is even more dramatic”: NODs in Alameda County climbed to 71.97% over the previous month, while TS numbers grew 7.78% .“Just as we were seeing a slowing down of NODs and TSs, we are now rudely awakened by the drastic upward spike. We can assume that many loans are re-setting, and the property owners are unable to meet the higher mortgage payments. But [so many] in one month?”
· Dawn of the shadow inventory: a significant upswing in Notices of Default filed in California [Active Rain]
· ForeclosureRadar [website]
Tuesday, September 27, 2011
Quotes: Dawn of the Shadow Inventory!
Sunday, March 20, 2011
Home & Garden Index: Ten Bougiest Quotes of the Week: DWR; Communes; More!
Welcome to our newly revamped weekly Home & Garden Index, in which we let the folks interviewed by New York Times reporters about design, decorating, and architecture speak for themselves. Through this highly exacted and carefully controlled sociological study, we hope to determine how, exactly, the other half lives. Onward to the countdown!
10: “It’s the strangest thing, I can’t remember people’s names but I can remember the names of plants.” [link]
9: “We’re a commune,” said Cathy Thomason, 61, Ms. Simmons’s cousin, who is also involved in the camellia project. [link]
8: “We’ve seen a jump in sales I think because green tea is in everything now, even shampoos and lotions.” [link]
7: “There are no industrial processes,” he said. “Everything is hand done.” [link]
6: The Flight recliner at Design Within Reach, he thought, was another “good one, mechanically very solid, and on par with the ones at M2L.” [link]
5: But “because in cement tiles the colors are mixed by hand, you get a subtle variation, which is so lovely. They look slightly vintage as they wear down.” [link]
4: But none of the more modernist options, he said, were “about being lazy — they’re too good-looking, and some even swivel.” [link]
3: “They’re the ultimate in relaxation, and should be used for either watching a sweet movie or an athletic event. They’re also the only chair that performs.” [link]
2: “I need to check my appearance before I go out,” said Ms. Georgieva, 43, explaining the full-length mirror, a $9 item that she turned into a conceptual artwork, gluing tiny toys to its frame and painting it all white. [link]
1: "A cobweb is an obscure mass of silk that has no form or format or style; it’s just strands. A spider web shows some form of architecture or style." [link]
Friday, March 4, 2011
Home & Garden Index: Ten Bougiest Quotes of the Week: Fondue, Hippos, More!
Welcome to our newly revamped weekly Home & Garden Index, in which we let the folks interviewed by New York Times reporters about design, decorating, and architecture speak for themselves. Through this highly exacted and carefully controlled sociological study, we hope to determine how, exactly, the other half lives. Onward to the countdown!
10: “I don’t know what we’re going to do with it,” Ms. Miller said. Some 20 paper grocery bags full of Josie’s art already occupy the storage room, the basement and the closet. “Logically, if we kept everything, there just wouldn’t be room in the house.”[link]
9: “We don’t really like the heat — we go to San Francisco in August,” Mrs. Wilson, a Wall Street banker, said on a day the snow was so deep it nearly covered the outdoor ottoman. [link]
8: “It’s important to be able to go out there without a coat,” he said, explaining that it wouldn’t truly be an extension of his home if he had to bundle up to use it. [link]
7: “We took all those little details and wove this typographic quilt that points to them historically,” said Andy Cruz, the company’s art director and a founder. [link]
6: “Most kids have a blanket or toy that they attach themselves to,” he said. “For my son, Hippo is it. I thought that one day we may want to remember Hippo, so I decided to photograph it.” [link]
5: The publications (Art in America, Capitol File, Details, Fast Company and Robb Report) were chosen because, Mr. Praet said, they represent “different genres of magazines” that “in one way or another cover design.” [link]
4: In lieu of a slate roof, there is one made of zinc, a material that reflects the color of the sky in all its “four seasons in one day” variations, Mr. Drummond said. [link]
3: She describes it as “domesticating the urban environment—kind of like wallpaper for the city.” [link]
2: . “January’s for drinking and fondue,” said Ms. Bestor, who recently shopped for wall coverings to accompany such pursuits. [link]
1: “The difference between summer entertaining and winter entertaining is less people,” he said. But, he reasoned, that works out perfectly. “Winter,” he said, “is a more intimate season anyway.” [link]
Monday, January 3, 2011
Property Quotes that can make you rich
This new wealth creating ebook is Unique and Inspirational - with real estate advice from successful people like Andrew Carnegie, Ralph Waldo Emerson, John F Kennedy, J Paul Getty, Benjamin Franklin, Albert Einstein, Donald Trump and many many more.
Check it out!