[quote author="freedomCM" date=1225595717]If I were more dedicated, I could create a nice website like Ipo, but...instead I'll post summaries here.</blockquote>
Thanks for this service, freedomCM! I rented for years in Costa Mesa (currently in Irvine), and have my eye on the city as a possible place to buy when the prices are right.
[quote author="freedomCM" date=1225681943]CS does not adjust for inflation, though you could predict that the value would rise due to it.
Of course, then we get back to the question of for housing, what measure of inflation should we be using? CPI? some measure of CPI less energy? wage inflation?</blockquote>
Ah, I hadn't realized MalibuRenter was calculating the inflation-adjusted versions himself. I believe he uses the CPI minus the Shelter category:
<img src="http://farm4.static.flickr.com/3469/3402181650_eae92dfb4b.jpg" alt="" />
[quote author="freedomCM" date=1226374231](I invited Christine Donovan, above, to join in on the discussion. She is a real estate salesperson/broker in CM. I hope that she can add a bit of perspective here)
She has a website which I visit: http://activerain.com/blogs/cldonovan</blockquote>
Cool, thanks for that link.
[quote author="stepping_up" date=1227075793]The place on Arnold is a real dump. The garage is poorly converted. Nice sized lot, but it backs up to the alley there, which is highly undesirable in this part of town.</blockquote>
Why is that, out of curiosity? Is there more property crime perpetrated against houses backing up alleys around there or something?
[quote author="graphrix" date=1235026462]Figure at least 60% of those green and blue dots will turn into red dots in the next six months.</blockquote>
What do the different dots mean? I'm not familiar with this graph.