Thursday, January 14, 2010
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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.
Hey El Bee,
ReplyDeleteNew reader. Love your style. Keep it coming!
PS - What did you think about the 400k price reduction at 308 Claremont?!? But a short sale with the need for lender approval from two different banks. That's about as likely to happen as... 324 per sq ft in the shore though. Not that bad.
Anon,
ReplyDeleteGlad you found the blog! Thanks for reading.
That Claremont property deserves a full post. Stay tuned...
Sent them $50. I just hope they can work through the mess and do some good with it.
ReplyDeleteKeep up the good writing...