Thursday, September 21, 2006

Prices Ease on the Left Coast

There seem to be plenty of bubble related articles out of California the past few days. I think many bubble bloggers, including myself, predicted last summer that the third quarter of 2006 would be the first to show year-over-year price decreases.It looks like those predictions are coming true in a few areas around the country.

snip...

"When Suzanne and George DeLeon started house-hunting in Santa Cruz County five months ago, the houses they liked were selling fast. Of the top 10 houses on their favorites list, at least five were already sold or pending.

The Lodi couple, who have two kids, ages 6 and 5, visited more than 100 homes from Boulder Creek to Rio del Mar. Their agent, Santa Cruz resident Amba Jane Kumar, spent so much time in their mini-van she felt like she was a part of the family.

The couple found they had to drop the price on their Central Valley home and acre of land from $650,000 to less than $550,000 to lure buyers. Similarly, a house they saw in Scotts Valley, initially priced at $869,000, was eventually reduced to $795,000.

Full article...

4 Comments:

Anonymous Anonymous said...

And speaking of the Left Coast, check out this guy's blog...

http://iamfacingforeclosure.com/

(Yes, LS, I found this on FFC)

Thursday, September 21, 2006 10:53:00 PM  
Anonymous toshiro_mifune said...

Great link - 24 yrs old, 6 properties in 4 states, 5 in forclosure.... How many others just like this are out there ?

Friday, September 22, 2006 10:13:00 AM  
Anonymous Anonymous said...

Take a break and get away from it all. Take a Alaskan Glacier Cruise to rid the stress!

Friday, September 22, 2006 6:56:00 PM  
Anonymous Anonymous said...

Get out and find out the info on Great Fitness to improve your life!

Friday, September 22, 2006 10:27:00 PM  

Post a Comment

<< Home