Posts Tagged ‘valuation’House of the Week Results: Blame it on BrentwoodBrentwood, as we mentioned, was a poster child for California’s real estate boom and bust. A rural community turned boom town when homebuilders and speculators descended on its quiet shores. Ok, not shores so much as fields, but you get the idea. 552 Sassafrass is a gargantuan home, almost 5,000 square feet on a single [...] House of the Day Results: Swinging into StantonClick here for details on this House of the Day. Value: $350,000 Projection: Depreciating The subject property is located in Orange County, which is experiencing a slump in the local economy due to the collapse of the mortgage market. In addition, the subject should expect to see further declines in value because it has only [...] House of the Day: Swinging into StantonClick here for the results of this House of the Day. Today’s property is located in Stanton, CA a suburban neighborhood smack in the middle of Orange County. (Click to enlarge image) Home Details: – 8511 Chanticleer Rd, Stanton, CA 90680 – 3 Bedrooms – 1 Bathrooms – 1347 square feet living area – 0.17 [...] House of the Day Results: Stuck on StocktonClick here for details on this House of the Day Value: $120,000 Projection: Depreciating Stockton is arguably the most publicized declining real estate market in the United States. Foreclosure and REO (Real Estate Owner, or Bank Owned) activity is very high, and values have declined precipitously in the past 12 months. The subject’s neighborhood itself [...] |