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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] market top? Posted by lisa on February 19, 2004 at 4:37 PM In Reply to: Re: Will lead you nowhere... posted by jack on February 19, 2004 at 3:14 PM : I am interested in this area independently of info on this site. Just looking for more info. : THX : : : On 1-14-04 you posted that several very smart investors you knew were working in north Los angeles county. You seem to be the only poster who liked this area. Could you elaborate on why you appear to like it and most others apparently do not. Thx in advance : : =========== : : Jack, : : I like the speed of flipping entry-level, single family residences. There seems to be an abundance of them in the Palmdale/Lancaster area at comparatively attractive price levels. : : By the way, the level of posting about specific areas on this site is almost non-existent-even the most obvious areas are hardly mentioned. So don't follow the frequency of posting as a guide-it will lead you nowhere. Ward, When OC buyers have to go out to Palmdale (some refer to as the boondocks)to buy homes at 90% of FMV do you think it might be a indicator of a market top. The guys that have been out in the desert have always been very aggressive in their high bidding and now with some of the big guys and new people going out there it appears to be as tough as anywhere. Follow Ups: Change is constant.... Ward-CA- 8:34 AM, 02/20/04 (1) Re: Sacramento Nick 8:35 PM, 03/04/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : I am interested in this area independently of info on this site. Just looking for more info. : : THX : : : : On 1-14-04 you posted that several very smart investors you knew were working in north Los angeles county. You seem to be the only poster who liked this area. Could you elaborate on why you appear to like it and most others apparently do not. Thx in advance : : : =========== : : : Jack, : : : I like the speed of flipping entry-level, single family residences. There seems to be an abundance of them in the Palmdale/Lancaster area at comparatively attractive price levels. : : : By the way, the level of posting about specific areas on this site is almost non-existent-even the most obvious areas are hardly mentioned. So don't follow the frequency of posting as a guide-it will lead you nowhere. : : Ward, : When OC buyers have to go out to Palmdale (some refer to as the boondocks)to buy homes at 90% of FMV do you think it might be a indicator of a market top. The guys that have been out in the desert have always been very aggressive in their high bidding and now with some of the big guys and new people going out there it appears to be as tough as anywhere. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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