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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.
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About Me
- el bee
- OC/LA, California, United States
- Long Beach Housing Blog (aka RE in the LBC). reinthelbc [at] yahoo [dot] com.
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RE in the SPC?
ReplyDeleteHah! Pedro is still way over priced. When the bubble was at it's peak, I remember seeing 100 year old house needing lots of work, in the worst part of town, going for $500~$600k.
ReplyDeletePure insanity!
Have a great weekend!
oh yeah, since I have been on "vacation" this week, I almost forgot it was a holiday weekend...
ReplyDeleteHave a great weekend, El Bee and all!!!!
um, okay.
ReplyDeletehttp://www.redfin.com/CA/Long-Beach/5115-E-Walton-St-90815/home/7578961
Let me get this straight. You buy the home in 2000 for $220K, and you want $480K for it now as a "fixer upper" and it has an "unpermitted" den. Nice to see they haven't bothered to do anything with the bathroom walls.
Nevermind the fact that RWY 30 is across the street.