A view of approximately 10 new homes being built. It is rare to see much building here in the central valley of California these days, but I think this is a part of the Mission Possible campaign. Looks like the big bird hatched a few.
Tuesday, August 28, 2007
Monday, August 27, 2007
This is a foreclosure, in Phoenix, for $450,000. The inside needs just as much work as the outside. No upgrades, basic, needs new flooring, paint, etc. It is filthy inside and out. The only plus is that it is in a nice area on the outskirts of Phoenix.
Not a bargain in my book. Rots of ruck!
Saturday, August 25, 2007
This yard looked nice about three months ago. This is actually a duplex. Two years ago each side sold for approximately $371,000. Today, I think they'd be lucky to get $200,000 each, but that's just my opinion and you know what "they" say about opinions. Everyone has one, what's yours?
I could blog all day long about foreclosures in the central valley of California. There is a seemingly endless parade of them.
Wednesday, August 22, 2007
Williams, Arizona, along Interstate 40, $374,900. Semi-truck whizzin' by in the background...priceless.
Still...way too much to pay for living next to an interstate. However, if you are interested, it has 2330 square feet, 4 bedrooms, 2 bathrooms, oversized 2 car garage, gas fireplace, and is "move-in ready." If you financed the entire amount, at 7%, your mortgage payment would be approximately $2500/mo. before taxes, etc. Not that you can get that deal anymore! Putting 20% down only lowers your payment by $500/mo. Not many people have that much to put down these days, and if they did they would probably be smart enough to look for a home away from an interstate. Maybe.
As a side-note: you could rig up your CB radio and talk to truckers when you're bored.
Friday, August 17, 2007
If you would like to live near the UFO mansion, then Paradise Trails is for you. Located off of historic Route 66 (Interstate 40), this house can be yours for $219,000. The other three homes in this yet to be developed subdivision go from $169,000 to $209,000. On the glass half full side, these are half-acre lots. I'd also venture to say you won't have any neighbors for a good long time...maybe in your lifetime.
Here is their website: www.paradisetrailsaz.com
I think they could use your help if you are interested in a vacation home maybe? You're only 45 minutes from Lake Havasu, 20-30 minutes from Kingman, and five minutes from the UFO mansion.
When it rains, it rains good. There are a lot of washes to channel the rain water, and it is not unusual to have to wait until the washes clear to get home. If you have never smelled a desert rain, you are missing out. It is out of this world.
But the photographs don't tell it all
I see the eagle swim the canyon sea
Creation yawns in front of me
Oh Lord, I never felt so small
The canyons echo sweet amazing grace
My spirit sails
The mighty gales are bellowing
And I've got nothing to say
No, I've got nothing to say
from Nothing to Say
by Andrew Peterson
Thursday, August 16, 2007
Somebody actually lives here. If you step onto the property you will be shot, so say the warning signs. Being that it is located on Route 66/Interstate 40 in Arizona, I wouldn't take that threat lightly. It is all by itself in the middle of nowhere. At first I thought it was a crazy roadside attraction, but some jackball really lives there. I don't know...but I think this guy could be a conspiracy theorist of some sort. I'm just sayin'...this is America...you can draw your own conclusions.
Does anyone know the story on this place?
Saturday, August 11, 2007
One of my commenters had a good idea, so here it is. You can check out her blog, Telecommuting Millionaire?, here.
Why don't you invite others to take pictures of homes that can't sell and send them in to you. With comments. You can add your comments as well. Make sure they tell you all they know about the property. Where it is located, how long it's been on the market, etc.
So if you have any good pictures from your area on the housing market, send them along with an explanation to me at firstname.lastname@example.org.
Friday, August 10, 2007
I really am kidding about the kids, because every kid should have a pool on the side of their house if they wish. It's good for their self-esteem, and getting them used to neighborly competition.
Thursday, August 9, 2007
Wednesday, August 8, 2007
A report last week by DataQuick Information Systems pointed to additional trouble. The real estate trend tracking service tallied a record 17,408 homes in the state falling to foreclosure in the second quarter.
While a fraction of California's 8.4 million residential properties, the foreclosures marked a jump of nearly 800 percent from a year earlier, propelled by markets awash in subprime loans.
You can read the entire article here. Another interesting article on Southland home sales can be found here.
Saturday, August 4, 2007
Friday, August 3, 2007
Have any suggestions of what you would like to see on this blog? I need some new inspiration, and am open to your ideas.
To the anonymous person who wanted to know the location of the homes I am posting about...most of these homes are in the San Joaquin Valley of California. Some are in the mid west as well, but you'll have to look further back to see those.
A few people have stated that it looks like desert here. I wouldn't call it desert, but it is dry in the summer months. There are a lot of dairies and almond/walnut orchards, vineyards, and fruit orchards in this area. It is situated in between the coastal mountains and the Sierra Nevada mountains. It does not rain in the summer...most of the rainfall is in the winter and that is when it greens up. We're within 1-2 hours of the beach and 1-2 hours of the mountains and snow skiing, etc. There is a shortage of water, and the Govenator has said we will be in serious trouble if we don't have an above average rainfall/snow pack this coming winter.
To answer another question, I get almost all of my aerial photos from a remote control plane with a digital camera on it. Sometimes I go up flying in a full scale plane, but that costs money.
Thanks to everyone for stopping by and leaving comments. I enjoy reading them.