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I recently came across a house I was fairly familiar with in South Pasadena CA because it’s right by the park my daughter used to go to when she was little. A cute English bungalow, about 1800 sqt, no yard to speak of (because it’s on the busy Main Street.), one flight and built in 1935. Mostly, NO GARAGE, only ONE CAR car port in the back. (notice there’s no backyard.) The house’s very narrow driveway is also slope-y so good luck backing off your car to enter the very, very busy intersection when you have to leave. Asked for 2 million (and probably sold for 2.2 at least with multiple offers.)-you can also do the math to get the price per sqt.
I also saw many little ranch houses in even places like San Pedro, with bars on the windows, no yard and looked so rundown and sad,-above one million in asking price.
It’s one thing to have wealth or disposable income, but it’s ridiculous to pay that much for a house long time locals would tell you not to even bother.
Last edited by achtung baby; 05-28-2023 at 08:41 AM..
Reason: Spelling
And for fun let's look at the most expensive big cities for Home buyers. The usual suspects
1. Los Angeles
2. New York City
3. San Francisco
4. San Jose
5. Boston
6. Long Beach
7. Honolulu
8. San Diego
9. Oakland
10.Newark
Las Vegas (5) and Henderson (7) really should be combined. If that were to be the case, St Louis is now #15.
The top 10 for most expensive is really only 6 metros. If you take two others in LA (Santa Ana and Anaheim) out at 11 & 12, Miami, DC, Austin, and Seattle, would round out the top 10.
Compared to LA and San Francisco, yes. But if you're someone from Chicago thinking you can get a mcmansion in the burbs for $400k like you could 10 years ago, that's no longer the case (it'll be $1 million+ now).
As expected, the top 15 is all of those fast growing Sunbelt metros that people move to only because they are cheap
Detroit, Pittsburgh, Cleveland, Baltimore, and Philly are booming Sunbelt sprawlers?
Something tells me they didn't get the memo. In the meantime, the fact that not one city from the two actual fastest-growing Sunbelt states is ranked among the cheapest cities should probably prompt a reconsideration of your assertion.
As expected, the top 15 is all of those fast growing Sunbelt metros that people move to only because they are cheap
Man sunbelt crowd is gettin chippy these days. Is it the heat?
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