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along4zride

04/21/13 1:39 PM

#25675 RE: jefftrades86 #25670

Do you live in South Chicago?

Some of the worst areas of the country were bad even in the boom. Here in cali property is in demand again. The bottom is in and has been for several months at least. Flippers are back and corporations are scooping up houses and turning them into rentals while they appreciate. Families seeking to buy a home are getting trampled by all cash offers that are way over the asking price. One buyer in the Inland Empire has put in 200 offers according to the L A Times and is out bid every time.
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rjbluesky

04/21/13 2:00 PM

#25679 RE: jefftrades86 #25670

Talk to people in the realty and home building industry in most sections of the U.S. and they will tell you otherwise. The real estate home markets are booming now.