But I'll soon be back home refreshed, sunburned, and ready to indulge in some RE in the LBC action.
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LONG BEACH USED TO BE THE "AFFORDABLE" ALTERNATIVE TO OC AND LA, BUT AN INFORMATIONAL AND PSYCHOLOGICAL BARRIER IS PREVENTING LB FROM ACKNOWLEDGING THE SEVERITY OF THE ENSUING HOUSING CRASH, AS LONG BEACH REAL ESTATE PRICES NOW SURPASS THE OC IN MANY CASES. I CHALLENGE THE CONVENTIONAL WISDOM OF COMMISSION-HEADS WHO CLAIM "NOW IS A GREAT TIME TO BUY," AND I WANT TO HELP BUYERS ENSURE THEIR LARGEST SINGLE INVESTMENT IS A SOUND ONE.
Many happy returns. Looking forward to some REO action!
ReplyDeleteFreedomCM
ElBee,
ReplyDeleteWhere in the Carolinas? Spentthe good part of a year working on a project there (no meltdowns...yet) and really enjoyed it. Met a number of Cali folks who had moved there after cashing out around '06. They were living large.
The last part leads to a question I've had. How many Californians had sold out for nice profits during the good times and moved out of state, taking thier $$ with them?