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Old 01-12-2009, 12:44 PM
 
Location: Las Flores, Orange County, CA
26,345 posts, read 84,828,909 times
Reputation: 17581

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The Bust is a Boon - Brentwood, Calif. (5) - CNNMoney.com
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Old 01-12-2009, 09:18 PM
 
Location: DFW
219 posts, read 553,475 times
Reputation: 162
Quote:
Originally Posted by Charles View Post
There are two Brentwoods in California, as I learned by accident. This article is talking about the suburb of San Francisco, just east of Antioch. Does that make a difference?
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Old 01-13-2009, 06:40 AM
 
23 posts, read 76,468 times
Reputation: 15
Default prices holding

In my area of the "beach cities" in SoCal, people are literally holding their breath. No price change for months. It's like they are in denial and just hoping buyers won't do their homework and see that their price hasn't changed, even though the house has been on the market for 100 plus days. Another trick is that you will see a house that is listed just disappear, then about a month or two later, see it reappear, like it is a "new" listing and a "priced to sell" price. Give me a break. Those of us who want a home are tracking the market very closely. The only homes that are selling are those in great condition, and priced aggressively. I think everyone is just hoping this will all go away, but won't they don't realize is that if they would have just priced their house right in the first place, it would have sold right away!
You would think I'm a realtor by now, by the way I talk! I am not! Just a buyer who has been looking for the past year!
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Old 01-13-2009, 07:42 AM
 
2,197 posts, read 6,820,342 times
Reputation: 1687
That's exactly what I'm seeing, julieflutie. Lots of re-lists and brokers claiming their fixers are "screaming deals," "priced to sell," "lowest price in Venice," etc. I'm also seeing more and more listings that purport to be near the beach, even though they're miles inland. What I'm not seeing are prices coming down in the real beach cities. But I've been not seeing that for two years now.
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Old 01-13-2009, 08:04 AM
 
147 posts, read 351,423 times
Reputation: 61
Quote:
Originally Posted by goodbyehollywood View Post
Maybe in the IE and desert, but that article doesn't reflect the reality on the Westside of L.A. If home prices level out this year, they will hardly have fallen at all in some areas. In some neighborhoods, they're still going up. If the government props up all the troubled homeowners, there may be no appreciable decline in the L.A. beach cities.
The Westside, where it takes 20 minutes to drive one mile, such a wonderful place to live.
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Old 01-13-2009, 09:53 AM
 
2,197 posts, read 6,820,342 times
Reputation: 1687
Quote:
Originally Posted by Radical Raul View Post
The Westside, where it takes 20 minutes to drive one mile, such a wonderful place to live.
Don't like it, don't live there. How hard is that?
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