tag:blogger.com,1999:blog-5140004705538204727.post6298988790976335125..comments2023-12-16T04:08:06.419-08:00Comments on Real Estate in the LBC: OMG on MLKel beehttp://www.blogger.com/profile/14187665973956068496noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5140004705538204727.post-73781765624285543612008-05-03T00:01:00.000-07:002008-05-03T00:01:00.000-07:00El Bee,Cool,Same crap is going on in the Lakewood ...El Bee,<BR/>Cool,<BR/>Same crap is going on in the Lakewood area, where I live now. Absolutely delusional sellers. I know a local RE agent who handles REO stuff almost exclusively who tells me to just hold on. Very cool lady who says the bottom is going to drop out pretty soon. According to her the listing prices are fantasy ad currently any offer within -25% is seriously considered. Even then she said most fail to qualify for a loan. Sanity & CASH while reign within the next two or three years. <BR/>Thanks again for your great site. It's a blastAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5140004705538204727.post-77177369014575521352008-05-01T19:47:00.000-07:002008-05-01T19:47:00.000-07:00Anon,I love the Dr. Housing Bubble blog! I was ho...Anon,<BR/><BR/>I love the Dr. Housing Bubble blog! I was honored to be added to their blogroll.<BR/><BR/>Thanks for commenting.<BR/><BR/>And as far as waiting for a while longer, the price reduction updates I receive from Redfin have been on a rampage lately. I had 8 price reductions hit my inbox this morning alone. The discounts have been picking up lately, indicating we have a looooooong way to go.<BR/><BR/>Some places (in undesirable neighborhoods) are getting there, but reality on LB sellers have yet to make acquaintance.<BR/><BR/>Keep checking back...as you wait for the right time to pounce, I'll try my best to keep you entertained in the meantime.el beehttps://www.blogger.com/profile/14187665973956068496noreply@blogger.comtag:blogger.com,1999:blog-5140004705538204727.post-75012382127921466382008-05-01T19:40:00.000-07:002008-05-01T19:40:00.000-07:00FreedomCM,HA! Nice call on the fence. I went bac...FreedomCM,<BR/><BR/>HA! Nice call on the fence. I went back through the listing photos again and, shit, man...how about just a LITTLE effort?<BR/><BR/>Check out the dining room table with the soda bottles strewn about.<BR/><BR/>Or how about the stacks of pots and pans over the particle board kitchen cabinets? Clearly it's a poorly designed kitchen. I love playing Photo Detective. The internet has made it so that a buyer no longer has to see each house they are interested in--they can look at a few photos and decide whether they want to actually schedule a viewing appointment.<BR/><BR/>Knowing that, why on God's green earth would these sellers include the worst possible first-impression photos?<BR/><BR/>Boggles the mind.<BR/><BR/>As far as selling price, yeah in another 240 days I could see $200k happening. Normally I would never guesstimate that low of a price for new(ish) construction on 2000 square feet, but the awful neighborhood makes it very likely.<BR/><BR/>By the way, check out this nearby comp:<BR/><BR/>http://www.redfin.com/CA/Long-Beach/1025-N-Almond-Ct-90813/home/7612836<BR/><BR/>They are looking at a $200,000 loss and they're still sitting. Hell, I think I found my next featured property!el beehttps://www.blogger.com/profile/14187665973956068496noreply@blogger.comtag:blogger.com,1999:blog-5140004705538204727.post-84094197550850816012008-05-01T11:38:00.000-07:002008-05-01T11:38:00.000-07:00Too funny. Found your blog from Dr. Housing Bubble...Too funny. Found your blog from Dr. Housing Bubble. Love your style. <BR/><BR/>Been looking around the LB area for some time now and judging on the delusional asking prices, guess I'll be waiting a bit longer.<BR/><BR/>Keep up the great work. ThanksAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5140004705538204727.post-75854713867274476922008-05-01T10:46:00.000-07:002008-05-01T10:46:00.000-07:00wow. lovely neighborhood!i like the old couch on ...wow. lovely neighborhood!<BR/><BR/>i like the old couch on the street in the first picture, and the neighbors falling down fence. and the auto shop one house away. <BR/><BR/>i agree about the tiles (at least they are 18" not 12"). is that an asian thing, a tiled living room?<BR/><BR/>what do you think, another 240 days? final selling price $200k? <BR/><BR/>(FreedomCM)Anonymousnoreply@blogger.com