What does Mischa Barton have to do with L.A. County's beach cities housing market?
Hello blog readers, I wrote this article for another website, and thought you'd enjoy it, even if it is a little kooky.
Hello! I've lived continuously in Redondo Beach (the beach cities of Los Angeles) since 1995, and briefly in 1989-1990. During that time I watched a lot of old homes get torn down and Taj Mahalominiums get built in the area, with bubble prices to match. I actually started collecting housing price data in 2001-2002 but it wasn't until late 2005 I started blogging about this area. I'm doing my best to capture the local real estate bubble and ensuing fizzle.
1 Comments:
I think your article was spot on. It will be interesting to see what happens over the next few months with the Fed ready to increase interest rates by December. This is a lovely area, but we are bewildered by so many things: the price of one town compared with another, how quickly very nice becomes not so very nice and the unreal prices that people have paid.
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