Quote:
Originally Posted by aigel
Not sure where you all live. Good areas in SoCal are holding up surprisingly well. I am thinking about getting back in (owner occupied) but there are no bargains yet: I can live in Upland and San Bernardino for cheap now, but show me the deals i.e. in South Pasadena, Irvine or El Segundo please? Average income in the good areas does not support the current prices. With creative financing gone, prices can only drop more. Another 30% should be possible in the areas holding out by 2010?
George
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areas like S Pasadena and the near by areas are stilling holding it pricing rather well. Is not what it was 3 years ago, but not too many beat up or REOs arouond. In the poorer section of town, like S bernando, riverside or such, then there are tons. I belive you can buy in Palmdale for 150k.