tag:blogger.com,1999:blog-6616959642391988608.post5950613196751834752..comments2024-03-18T13:22:06.536-07:00Comments on Calafia Beach Pundit: Real estate updateScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6616959642391988608.post-72601199055213251802011-12-08T04:46:24.915-08:002011-12-08T04:46:24.915-08:00Updates of real estate market provide essential in...Updates of real estate market provide essential information to people who are involved in this business either directly or indirectly.In order to save their money from loss.Marcushttps://www.blogger.com/profile/02910318217670170555noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-48683443975882712672011-10-28T22:58:50.682-07:002011-10-28T22:58:50.682-07:00It was strangely bizarre to be there at the scene ...It was strangely bizarre to be there at the scene of such an incident, with it also being your neighbourhood and local hang-out. It was ultimately a story with a not-so-great ending but it did make me sit back and appreciate the important things in life, no matter how big or small. Hope the story wasn't too depressing to read on this blog, it just seemed important to post about it. <br /><a Kirat Singhhttps://www.blogger.com/profile/15550081986369677462noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-51128910072623432402011-10-28T02:30:11.905-07:002011-10-28T02:30:11.905-07:00Well not all people on the real estate course can ...Well not all people on the <a href="http://www.agentcampus.com" rel="nofollow">real estate course</a> can actually straight ahead on getting their own homes. Having rent houses can surely be a first good step to do than buying right away.Dave Velascohttps://www.blogger.com/profile/02829658206934988304noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-41517443730543810732011-10-26T01:25:46.070-07:002011-10-26T01:25:46.070-07:00I am actually one of those 67% who still pays for ...I am actually one of those 67% who still pays for rent but I am saving up to have a home of my own soon too. I definitely would agree that it would be one of the best long term investments out there. Although cars are more fun, I'd still like to have a house of my own first.<br /><br />Haley<br /><a href="http://www.agentcampus.com/new-york-real-estate-license/continuing-education/" rel="Anonymoushttps://www.blogger.com/profile/17189812002468352292noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-81333678900526512002011-10-24T19:35:04.403-07:002011-10-24T19:35:04.403-07:00Hi Benjamin, I was referring to increases from the...Hi Benjamin, I was referring to increases from the previous lows -- and yes, the cost of construction is actually increasing rather quickly -- buying basic building materials is not cheap these days -- the labor is costly as well -- I would agree that the inflated speculatived highs of previous years have hit commercial properties hard -- but, at some point we are at the floor and the price of McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-54278708146700579722011-10-24T18:49:55.908-07:002011-10-24T18:49:55.908-07:00Dr. McKibbin:
Maybe so, but downtown office tower...Dr. McKibbin:<br /><br />Maybe so, but downtown office towers in Los Angeles sell for one-half of what they sold for in the mid-1980s---in nominal dollars. <br /><br />This is the strangest inflation I have ever seen, where many goods and services get cheaper, such as office rents, dental cleanings, $1 burgers etc.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-89981736830548965262011-10-24T13:08:17.252-07:002011-10-24T13:08:17.252-07:00The values of many commercial properties are incre...The values of many commercial properties are increasing simply because their replacement value is increasing -- like it or not, the cost of "nailing up" a new building is rising across the country -- building supplies are expensive, as is labor and transportation of both -- the value of commerical real estate is closer to its intrinsic value (land + construction) than residential real McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-44436259299904408022011-10-24T12:56:58.019-07:002011-10-24T12:56:58.019-07:00Excellent insights and wrap-up by Scott Grannis.
...Excellent insights and wrap-up by Scott Grannis.<br /><br />BTW---if you subscribe to the "Fannie and Freddie did it" theory of our recent financial collapse, how to explain the nearly identical (except worse) collapse in commercial real estate, which is pretty much a free market, much of it controlled by institutions? <br /><br />In fact, the across-the-board collapse of real estate Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com