Comments on: Housing Rehab: 2 Step Program - Real Homes of Genius: Today we Salute you Burbank. $626,000 Short Sale.

By: Richard Johnston, RE/MAX

Richard Johnston, RE/MAX — Wed, 13 Aug 2008 22:59:45 +0000

I agree that the market has not reached the bottom but there are some great deals on the market and short sales are even selling below bank owned homes. Usually, there are two lenders on a short sale. The lenders are more than eager to negotiate a short sale even if the home is purchase 20% below market value. Because Burbank is a popular area especially for the entertainment industry, this area will grow considerably overtime.

By: Lost Cause

Lost Cause — Mon, 22 Oct 2007 05:28:41 +0000

Santa Clarita has really bad air quality, and hotter than heck. The nice look is totally fake. Moreno Valley for people too ignorant to know Moreno Valley.

By: Santa Clarita: Real Town of Genius

Santa Clarita: Real Town of Genius — Mon, 22 Oct 2007 04:08:42 +0000

Santa Clarita is a nice place to live but it still requires a hellish commute for most. Over the past several years, prices have risen to the point where “nice” homes in Saugus were selling for 800-900k. Although the SCV market is experiencing some reductions in price, it is still out of whack considering the average Escalade driving SCV family income is still less than 100k. I would love for someone to sink their teeth into Santa Clarita and expose it for what it is….A town in denial that is run by the real estate industry.

By: Scottsdale real estate

Scottsdale real estate — Sat, 20 Oct 2007 22:19:25 +0000

I would not recommend buying a condo in that area right now. Wait another year or two at least!

By: Marcus Aurelius

Marcus Aurelius — Fri, 19 Oct 2007 06:03:23 +0000

Apparently, these bank fellas didn’t get the memo on RE.