Silicon Valley Real Estate Investor

Do you remember the game of “chicken”? This usually takes the form – at least in the movies – of two guys in cars racing at each other at full speed, heading for certain mutual annihilation. Whoever swerves first loses faces as the coward who flinched first, and the person who doesn’t swerve is considered [...]

Ok, I admit, it doesn’t rise to Dickensian dimensions, but a couple of news articles caught my eye recently and had me scratching my chin, figuring out how, before parsing the minutiae,  I could reconcile their two seemingly contradictory headlines. Oh, the topsy-turvy world we live in!  (Which reminds me, I recently come across a [...]

A couple of days ago the New York Times came out with an article discussing the rise in mortgage default among the rich. (See the article here but also don’t forget to check out the rich comment stream here.) As a case in point, Los Altos, one of Silicon Valleys’ nicer neighborhood,s was feature in [...]

The other day I was talking to my brother and he mentioned to me that he was starting to educate himself about home auctions because he was interested in purchasing his next home at auction. This was a new concept to him, but the more he researched it, the more he like the potential deals. [...]

ForeclosureRadar.com recently released its revamped California Foreclosure Report.

This is a must-read for the California real estate investor. The short report draws some interesting conclusions about foreclosure filing rates (123% over last year), inventory levels, discounting, and other statistics.