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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Change is constant.... Posted by Ward-CA- on February 20, 2004 at 8:34 AM In Reply to: market top? posted by lisa on February 19, 2004 at 4:37 PM : 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. ===================== Lisa, I agree that this market has been so fierce for so long that there's hardly any corner that's been overlooked?especially in the highly populated counties. But it's not a necessary signal that we're reaching a market top because there have been people moving in droves to Temecula, Moreno Valley, Riverside, San Bernardino, etc. for quite a while now and they're still moving. But I bet you can find deals in sparsely populated counties like Imperial, Kern, Santa Barbara, San Luis Obispo, etc. Such areas are sorely lacking in foreclosure notice services, property information services, appraisal services, etc. That makes it very hard for amateurs, who don't have the requisite time or knowledge, to dig out information from the county recorder's office, assessor's office or the local Multiple Listing Service. Follow Ups: Re: Sacramento Nick 8:35 PM, 03/04/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : : 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. : ===================== : Lisa, : I agree that this market has been so fierce for so long that there's hardly any corner that's been overlooked?especially in the highly populated counties. But it's not a necessary signal that we're reaching a market top because there have been people moving in droves to Temecula, Moreno Valley, Riverside, San Bernardino, etc. for quite a while now and they're still moving. : But I bet you can find deals in sparsely populated counties like Imperial, Kern, Santa Barbara, San Luis Obispo, etc. Such areas are sorely lacking in foreclosure notice services, property information services, appraisal services, etc. That makes it very hard for amateurs, who don't have the requisite time or knowledge, to dig out information from the county recorder's office, assessor's office or the local Multiple Listing Service. 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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