Long Beach general thread

[quote author="FairEconomist" date=1236567810]<blockquote>That is the very definition of COLLAPSE!!!</blockquote>



Not necessarily. Could also be the definition of "mortgage fraud".</blockquote>


I'm not sure that is the case here. I think that was the price from the builder so there wasn't alot of room to pump and dump. I just think it was some fool specer watching too muck "Flip This House" on HTV
 
Collapse in the Shore continues. Another has been million dollar property (been empty for 2years) hits the market with a thud!!



Mar 09, 2009 <span style="color: red;"><span style="font-size: 14px;"><strong>Listed $725,000 </strong></span></span>-- SoCalMLS #P678871

Sep 11, 2008 Sold $840,000 -9.2%/yr Public Records

Nov 17, 2007 Price Changed * -- Inactive SoCalMLS #2

Nov 08, 2007 Listed * -- Inactive SoCalMLS #2

Sep 07, 2007 Listed * -- Inactive SoCalMLS #1

Jun 07, 2005 <span style="color: red;"><span style="font-size: 13px;"><strong>Sold $1,150,000 </strong></span></span>-- Public Records





<a href="http://www.redfin.com/CA/Long-Beach/231-Argonne-Ave-90803/home/7597459?utm_source=myredfin&utm_medium=email&utm_campaign=listings_update&utm_nooverride=1">231 Argonne Ave </a>
 
i dunno. is anything north of 2nd still "the shore"?



plus, looking at neighboring comps, that is only a drop to mid-2003 prices, no?



Wait until similar units hit $400k
 
Technically yes, I count anything between Broadway and Ocean with Rednondo bordering one side and Naples the other as the Shore.
 
Way to go LB!! Sellers are coming to their senses. Drops like this are what you need if you wanna move some real estate.



Mar 12, 2009 <span style="color: red;"><span style="font-size: 13px;"><strong>Price Changed $595,000 </strong></span></span>-- SoCalMLS #P673438

Jan 28, 2009 <span style="color: red;"><span style="font-size: 13px;"><strong>Listed $700,000 </strong></span></span>-- SoCalMLS #P673438

Sep 23, 2008 Off Redfin * -- Inactive SoCalMLS #1

Sep 11, 2008 Listed * -- Inactive SoCalMLS #1

Apr 16, 2004 Sold $625,000 -- Public Records



OK, OK, it is still way overpriced at $689 a square foot but we are moving in the right direction...high five!!!



<a href="http://www.redfin.com/CA/Long-Beach/111-Pomona-Ave-90803/home/7596029?utm_source=myredfin&utm_medium=email&utm_campaign=listings_update&utm_nooverride=1">111 Pomona Ave </a>
 
Nice. Thats exactly what I'm looking for myself.

I can't find it now, but there was a condo in Ladera Ranch that was re-priced from 475K to 295K. I was pretty shocked...I almost went out to see it...almost.
 
[quote author="morekaos" date=1228950399][quote author="morekaos" date=1227071299]One of RE in the LBs favorite monstrosity has kicked over a price drop. Hallelulua. 461 days on the market with price action like a heartbeat and this LBC Ghengis Kahn wanna be has finally dropped his price. When will he find a bottom? Only time will tell. Check in another 461 days...



<a href="http://www.redfin.com/CA/Long-Beach/109-Park-Ave-90803/home/7602101">http://www.redfin.com/CA/Long-Beach/109-Park-Ave-90803/home/7602101</a></blockquote>


Lopped off another $325,000.00. I guess the pain is becoming just too much! This could be serious.</blockquote>


Lopped off another $275,000.00!! Only gonna be a stump left soon.



<object width="325" height="250"><embed src="http://www.youtube.com/v/youtube" type="application/x-shockwave-flash" width="325" height="250"></embed></object>
 
A property under a million on the, Gasp!!, Peninsula? How will we keep the barbarians back?



<a href="http://www.redfin.com/CA/Long-Beach/28-56th-Pl-90803/unit-2/home/18970860/socalmls-P679482">28 56th Pl #2 </a>
 
So much out there this morning. Look at this former million dollar abode. Do you think these people even settled in by the time they lost it 21 months later? Kinda sad really.



<a href="http://www.redfin.com/CA/Long-Beach/219-Mira-Mar-Ave-90803/home/7601366">219 Mira Mar Ave</a>



Mar 13, 2009 <span style="color: red;"><span style="font-size: 13px;"><strong>Listed $860,000 </strong></span></span>-- SoCalMLS #P679404

May 01, 2007 <span style="color: red;"><span style="font-size: 13px;"><strong>Sold $1,175,000 </strong></span></span>14.3%/yr Public Records

Oct 27, 2004 Sold $840,000 21.0%/yr Public Records



Time warp back to 2004
 
Gawd Realtards make me laugh. I love this description<strong>..."OK, Now Seller is ready to sell, ***Major price reduction!!!"</strong> So the previous 250 plus days on the market he was....not ready to sell? Well, good thing he is ready now because at $430 a square foot I don't think anyone is "ready" to buy it yet.



<a href="http://www.redfin.com/CA/Long-Beach/3901-E-2nd-St-90803/home/7601427">3901 E 2nd St </a>
 
[quote author="morekaos" date=1237256320]Gawd Realtards make me laugh. I love this description<strong>..."OK, Now Seller is ready to sell, ***Major price reduction!!!"</strong> So the previous 250 plus days on the market he was....not ready to sell? Well, good thing he is ready now because at $430 a square foot I don't think anyone is "ready" to buy it yet.



<a href="http://www.redfin.com/CA/Long-Beach/3901-E-2nd-St-90803/home/7601427">3901 E 2nd St </a></blockquote>
A major price reduction of $40k for that shoebox? HAHA I have one piece of advice for the seller and realtor...KEEP GOING ON THOSE REDUCTIONS! That thing will be LUCKY if it sells for $300k.
 
[quote author="morekaos" date=1237256320]Gawd Realtards make me laugh. I love this description<strong>..."OK, Now Seller is ready to sell, ***Major price reduction!!!"</strong> So the previous 250 plus days on the market he was....not ready to sell? Well, good thing he is ready now because at $430 a square foot I don't think anyone is "ready" to buy it yet.



<a href="http://www.redfin.com/CA/Long-Beach/3901-E-2nd-St-90803/home/7601427">3901 E 2nd St </a></blockquote>


What do all those bars on the windows and door signify?
 
[quote author="awgee" date=1237258781][quote author="morekaos" date=1237256320]Gawd Realtards make me laugh. I love this description<strong>..."OK, Now Seller is ready to sell, ***Major price reduction!!!"</strong> So the previous 250 plus days on the market he was....not ready to sell? Well, good thing he is ready now because at $430 a square foot I don't think anyone is "ready" to buy it yet.



<a href="http://www.redfin.com/CA/Long-Beach/3901-E-2nd-St-90803/home/7601427">3901 E 2nd St </a></blockquote>


What do all those bars on the windows and door signify?</blockquote>


A Pack-Rat Penitentiary?



<img src="http://media.cdn-redfin.com/photo/46/bigphoto/648/P642648_13_0.jpg" alt="" />



<img src="http://media.cdn-redfin.com/photo/46/bigphoto/648/P642648_4_0.jpg" alt="" />



<img src="http://media.cdn-redfin.com/photo/46/bigphoto/648/P642648_11_0.jpg" alt="" />
 
[quote author="RE in the LBC" date=1237259393][quote author="awgee" date=1237258781][quote author="morekaos" date=1237256320]Gawd Realtards make me laugh. I love this description<strong>..."OK, Now Seller is ready to sell, ***Major price reduction!!!"</strong> So the previous 250 plus days on the market he was....not ready to sell? Well, good thing he is ready now because at $430 a square foot I don't think anyone is "ready" to buy it yet.



<a href="http://www.redfin.com/CA/Long-Beach/3901-E-2nd-St-90803/home/7601427">3901 E 2nd St </a></blockquote>


What do all those bars on the windows and door signify?</blockquote>


A Pack-Rat Penitentiary?



<img src="http://media.cdn-redfin.com/photo/46/bigphoto/648/P642648_13_0.jpg" alt="" />



<img src="http://media.cdn-redfin.com/photo/46/bigphoto/648/P642648_4_0.jpg" alt="" />



<img src="http://media.cdn-redfin.com/photo/46/bigphoto/648/P642648_11_0.jpg" alt="" /></blockquote>


Are these pics really from MLS? Why would a RE agent takes these pics? I once saw only one pic of a listing and it's a pic of the garage door. What the heck?
 
<blockquote>Are these pics really from MLS? Why would a RE agent takes these pics? I once saw only one pic of a listing and it's a pic of the garage door. What the heck?</blockquote>


These may be the BEST attributes of this house.
 
Here is another classic pricing "strategy" Start with an unholy high price and move it around constantly so the buyers can't focus on the blur of changing numbers, always trending it down so as to chase the market into a hole. Brilliant!!!! That is why we pay them so much money...they deserve it



Mar 22, 2009 Price Changed $799,900 -- SoCalMLS #P670492 more down

Mar 18, 2009 Price Changed $859,900 -- SoCalMLS #P670492 down

Mar 13, 2009 Price Changed $869,900 -- SoCalMLS #P670492 down

Feb 27, 2009 Price Changed $875,000 -- SoCalMLS #P670492 down

Feb 22, 2009 Price Changed $895,000 -- SoCalMLS #P670492 up

Feb 17, 2009 Price Changed $874,999 -- SoCalMLS #P670492 down

Feb 12, 2009 Price Changed $899,999 -- SoCalMLS #P670492 down

Jan 15, 2009 Price Changed $925,000 -- SoCalMLS #P670492 up

Jan 07, 2009 Listed $899,000 -- SoCalMLS #P670492 WTF





<a href="http://www.redfin.com/CA/Long-Beach/334-Claremont-Ave-90803/home/7596643?utm_source=myredfin&utm_medium=email&utm_campaign=listings_update&utm_nooverride=1">334 Claremont Ave</a>
 
[quote author="morekaos" date=1237843378]Here is another classic pricing "strategy" Start with an unholy high price and move it around constantly so the buyers can't focus on the blur of changing numbers, always trending it down so as to chase the market into a hole. Brilliant!!!! That is why we pay them so much money...they deserve it



Mar 22, 2009 Price Changed $799,900 -- SoCalMLS #P670492 more down

Mar 18, 2009 Price Changed $859,900 -- SoCalMLS #P670492 down

Mar 13, 2009 Price Changed $869,900 -- SoCalMLS #P670492 down

Feb 27, 2009 Price Changed $875,000 -- SoCalMLS #P670492 down

Feb 22, 2009 Price Changed $895,000 -- SoCalMLS #P670492 up

Feb 17, 2009 Price Changed $874,999 -- SoCalMLS #P670492 down

Feb 12, 2009 Price Changed $899,999 -- SoCalMLS #P670492 down

Jan 15, 2009 Price Changed $925,000 -- SoCalMLS #P670492 up

Jan 07, 2009 Listed $899,000 -- SoCalMLS #P670492 WTF





<a href="http://www.redfin.com/CA/Long-Beach/334-Claremont-Ave-90803/home/7596643?utm_source=myredfin&utm_medium=email&utm_campaign=listings_update&utm_nooverride=1">334 Claremont Ave</a></blockquote>


The picture of the "Huge den with a cabin like feel" is my favorite:



<img src="http://media.cdn-redfin.com/photo/46/bigphoto/492/P670492_3_3.jpg" alt="" />



The combination of the cat (OH, HAI! I'M IN UR LIZTING, STAGIN UR HOWZ), wood paneling, and the monkey painting...*sigh*...it's magic.
 
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