Mike Hendrickson's Real Estate Blog

As many of my loyal blog followers know, the real estate market here in San Luis Obispo is really picking up!  I also follow the L.A., San Diego, San Francisco, and the Central Valley markets, since these are possible move up buyers in my area.  Well here is a great article by Gregory J. Wilcox a...

If you check out the chart below, you'll see that we really don't have a housing recovery compared to the past 20 years.  We just have a "small move up"!   See the great article below by Mike "Mish" Shedlock to see the housing market in "real life"-     Check out some of the headlines a few day a...

Do you know someone that is sitting on the fence and not buying yet because they are afraid of housing dropping more?  Well take a look at the inventories in your local area.  Here in San Luis Obispo County we are seeing inventories dropping and prices starting to move up.  Foreclosures and short...

Have any doubts that the Euro drama won't take down the U.S. economy?  I don't.  Will the U.S. banks underwriting the CDS of Greece and many of the other Euro countries, a national default will be even worse than  the Lehman Brothers default.  Just look at the sizes of the debt.  If the Southern ...

You have to check out the cool cars that are going to be at the Concours d'Elegance this weekend in San Luis Obispo.  Money raised will go to the Hospice SLO. Check out the link below and the attached article. http://www.sanluisobispoconcours.com/slo-concours-shop/product/listing   San Luis Obisp...

The housing market is gaining traction.  We can feel it here in the San Luis Obispo market, and the rest of the country is showing "green shoots" in many areas!   Housing market recovery gains traction By Lucia Mutikani | Reuters – Wed, May 23, 2012   Related Content A new...

Planned foreclosures and short sales and then buy back cheaper with little money down.  The following article is not just funny, but it is so painfully true!  A geat article from the Laguna Beach News- Strategic default pays off as defaulters repurchase at lower prices LAGUNA BEACH, NEWSTagged wi...

Kiss the Euro goodbye mates!  This monster is going the way of the rest of the failed "socialist experiments" like the U.S.S.R.!!! EUROPE IS IMPLODING Simone Foxman|May 23, 2012, 5:23 PM|27,707|74 inShare53 Share on Tumblr