Comments on: Rodeo Casualty http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/ Tracking the Arcadia and San Gabriel Valley Housing Market Sat, 31 Jul 2010 04:35:12 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Corntrollio http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/comment-page-1/#comment-2409 Corntrollio Fri, 16 May 2008 04:29:49 +0000 http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/#comment-2409 I think that's why the driveway has that white mark at the garage-end. It could be all the sediment and whatnot. I think that’s why the driveway has that white mark at the garage-end. It could be all the sediment and whatnot.

]]> By: TheArcadian http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/comment-page-1/#comment-1990 TheArcadian Wed, 30 Apr 2008 05:13:38 +0000 http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/#comment-1990 wow. i just noticed that. Any chance the angle is warped due to how the photo was taken? wow. i just noticed that. Any chance the angle is warped due to how the photo was taken?

]]> By: Sean http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/comment-page-1/#comment-1989 Sean Wed, 30 Apr 2008 05:07:14 +0000 http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/#comment-1989 Also - Look at the drive way, it should have sloped away from the home. When it rains I bet the garage turns into a swimming pool. Also – Look at the drive way, it should have sloped away from the home. When it rains I bet the garage turns into a swimming pool.

]]> By: Sean http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/comment-page-1/#comment-1987 Sean Wed, 30 Apr 2008 05:04:06 +0000 http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/#comment-1987 LA Smog is already a killer so living close to the highway with the increased noise and pollution is not a good investment at any price. If you knew you could own this home for $1 but you would soon get lung cancer because of it would you buy it? (Maybe a chain smoker might not care, but a family with small children should think twice.) LA Smog is already a killer so living close to the highway with the increased noise and pollution is not a good investment at any price. If you knew you could own this home for $1 but you would soon get lung cancer because of it would you buy it? (Maybe a chain smoker might not care, but a family with small children should think twice.)

]]> By: TheArcadian http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/comment-page-1/#comment-1978 TheArcadian Tue, 29 Apr 2008 18:45:06 +0000 http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/#comment-1978 I'd have to agree. Now that buying means you have to hold the property or even LIVE in it, would you even put down $80,000 today (20% of $400k) to buy this home? I’d have to agree. Now that buying means you have to hold the property or even LIVE in it, would you even put down $80,000 today (20% of $400k) to buy this home?

]]> By: puckhead http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/comment-page-1/#comment-1977 puckhead Tue, 29 Apr 2008 18:27:37 +0000 http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/#comment-1977 The location so close to the fwy is a deal killer. A few years ago when houses were flying off the shelves people were willing to overlook blemishes like this. Buy in the current enviroment with so many houses out there and little risk of housing prices going up, buyers can wait for the perfect house and houses like this will languish. The location so close to the fwy is a deal killer. A few years ago when houses were flying off the shelves people were willing to overlook blemishes like this. Buy in the current enviroment with so many houses out there and little risk of housing prices going up, buyers can wait for the perfect house and houses like this will languish.

]]> By: george8 http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/comment-page-1/#comment-1976 george8 Tue, 29 Apr 2008 17:03:42 +0000 http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/#comment-1976 Perhaps 4% increase should be used instead. Then it will be $400,700 in 2010. ($222,500 compounded 1.04 15 times) Perhaps 4% increase should be used instead. Then it will be $400,700 in 2010. ($222,500 compounded 1.04 15 times)

]]> By: missedthebubble http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/comment-page-1/#comment-1975 missedthebubble Tue, 29 Apr 2008 16:48:32 +0000 http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/#comment-1975 george8.... I am thinking your estimate is high. You may ask why, I got back to the 3x income equasion... 460k means the potential buyer is earning 150k plus a year, for a 2 bedroom house 60 yards from the freeway. I just dont' think this house appeals to someone in that income bracket, especially with the amount of competition on the market. george8….

I am thinking your estimate is high.

You may ask why, I got back to the 3x income equasion… 460k means the potential buyer is earning 150k plus a year, for a 2 bedroom house 60 yards from the freeway.

I just dont’ think this house appeals to someone in that income bracket, especially with the amount of competition on the market.

]]> By: george8 http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/comment-page-1/#comment-1973 george8 Tue, 29 Apr 2008 14:52:43 +0000 http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/#comment-1973 However, I personally will not touch this for it is only 60 yards or so from 210. This distance is too short even for a short par 3. However, I personally will not touch this for it is only 60 yards or so from 210. This distance is too short even for a short par 3.

]]> By: george8 http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/comment-page-1/#comment-1972 george8 Tue, 29 Apr 2008 14:48:51 +0000 http://www.arcadiahousingblog.com/2008/04/29/rodeo-casualty/#comment-1972 5% increase compounded from 1995 to 2010, this property will be $462,560 in 2010. 5% increase compounded from 1995 to 2010, this property will be $462,560 in 2010.

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