|
I don't think anyone here has said the market is homogeneous, Brian.
And what you're seeing people post is largely what they've heard from people in the market. Certainly my comments came from several agents and people in the mortgage industry.
Just go to themls.com and look for homes on the West side of LA, Santa Monica, Venice, etc. for under $750K. Lots of teardowns and a few WWII era cottages. 60% appreciation in 3 years is just not sustainable.
__________________
techweenie | techweenie.com
Marketing Consultant (expensive!)
1969 coupe hot rod
2016 Tesla Model S dd/parts fetcher
|