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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (187041)2/28/2009 1:34:58 PM
From: THRead Replies (1) of 306849
 
MD,

Venice is still on the list, but not my first choice.

It is amazing what they are getting for these shacks, but of course you are buying land. I've seen a number of listings in Santa Monica and Venice with renderings, and surprise, there is a shack you get to dispose of before you build the dream home.

I owe the thread a West Side update, and I'll find time to get to this weekend. Lots and lots of new listings, and my hunch is it is NOT seasonal. It is a recognition wave to get out now before the rollbacks reach back to 2000.

GT
TH
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