Friday, August 14, 2009
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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.
Enjoy your weekend, El Bee! I've been up there before and it's beautiful. Take the tour of the Korbel facility if you can. Great discount prices in the Company Store!
ReplyDeleteFailedd Flip in the Ranchos - Sold for $607,500.
ReplyDeleteNow check out the comps listed by redfin.... Knife catchin' is a painful business.
We ARE amused! Looking forward to your return!
ReplyDeleteI read you every day and enjoy the witty commentaries!
Queen Mary,
ReplyDeleteThanks for the kind words. I'm traveling a lot in the next few weeks, but it's encouragement like that that keeps me going!