What you read in the Newspapers or hear on the News is not true about all California

By
Real Estate Broker/Owner with Rossetti Realty CalBRE# 01179344

My Real Estate business is in an area where we are basically land locked.  What I mean is that you must tear down a home or a building to build a new.  The Real Estate Market on the Peninsula is not what you read in the papers about California.  The areas in California that you read about are in the Northern part of the state where there is land and lots of it.  They are hundreds of developments that were started and stopped because of the sub prime sitiuation. But, not  so on the Peninsula.  We are strong and thriving.  For example: A home was listed for sale at $1,999,000 last year and didn't sell. The same home went on the market a month ago for the $1,999,000 and SOLD in the Menlo Oaks area of Menlo Park for $2,500,000.  That's the Peninsula. 

Comments (13)

Gerard Maher
Coldwell Banker Alfonso Realty - Ocean Springs, MS
CRS Ocean Springs, MS

Real Estate is LOCAL. I am so glad you posted this. Local area experts, have to inform their area about what is happening there, not the media broad  brush.  Thanks

G-Man

Jun 19, 2008 07:48 AM
Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239
Real Estate One - Commerce, MI
Michigan homes for sale ~ yesmyrealtor@gmail.com

I am glad your market is strong.  There are so many areas like ours that are losing 30 -40% of the value.

Jun 19, 2008 07:54 AM
Steve Hoffacker
Steve Hoffacker LLC - West Palm Beach, FL
Certified Aging In Place Specialist-Instructor

Gail, there are so many articles that purport to be news that aren't. Much of the "bubble" and "crisis" that we have is a product of the media.

Jun 19, 2008 07:58 AM
The Trumm Team Omaha Homes for Sale, Real Estate
Keller Williams Greater Omaha - Omaha, NE

Welcome to ActiveRain!

If you would like a few tips on getting the most out of ActiveRain, please visit my blog Welcome to Active Rain.  It has a few simple steps of what to do now that you have joined.

If you ever have any questions, just let me know.

Troy Trumm

Jun 19, 2008 09:04 AM
Coldwell Banker Camelot Realty
Coldwell Banker Camelot Realty - Mount Dora, FL
Homes for Sale Mount Dora Realtor

Gail,  Glad to see you have joined Active Rain.  Good luck in your business.

 

Karen and Ray

 

Jun 19, 2008 11:54 AM
Anonymous
Anonymous

Congrats on joining active rain! This is a great site to meet new people and network with I look forward to seeing you around! Enjoy.

Jun 19, 2008 01:33 PM
#7
Connie Rice
Keller Williams Greenville Central - Simpsonville, SC
Connie Rice & Partners - Greenville, SC Real Estat

Thanks for joining! Youve found a great place to meet new people. I look forward to hearing more from you in the future. Enjoy and happy blogging!

Jun 19, 2008 01:56 PM
Scott Magaw
The Bill Kennedy Team - Keller Williams Realty - Spartanburg, SC

Welcome to the 'rain!  I'm relatively new here too, and already I've had a blast!  Check out some groups and read blogs - there are some amazing people on here.

Have a great time.  If you ever need a contact in Upstate South Carolina, drop me an email!

Jun 19, 2008 03:18 PM
Kirk Westervelt
Van West Realty - Greenville, SC Realtor -Short Sale Expert! - Greenville, SC
Kirk Westervelt, Broker In Charge, Van West Realty - CDPE - Short Sale Agent - Home for Sale - Greenville, Simpsonvil...

Hello,

I would like to welcome you to Active Rain!

I hope to see more of your blogs in the future!

Educate us, learn from others and don't forget to have a little fun while you're at it!

Take care!

Jun 19, 2008 03:34 PM
Keith Elliott Jr
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner

Hello Gail,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to ya!

-Keith

Jun 19, 2008 03:56 PM
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate

Welcome to ActiveRain, Gail! Your post is an excellent example of 'real estate is local'. The more you keep writing about this kind of specific info, the more people will subscibe to your blog and view you as the source for accurate, local real estate information.

Jun 20, 2008 04:46 PM
Neal Barnes
Starstate Realty - Killeen, TX
Broker, REALTOR, ABR, CRS, GRI, SRES, SRS.

Hi Gail  -  Welcome to ActiveRain.  I look forward to networking with you and reading your future post.  Have A Great Day!!!

Oct 10, 2008 05:57 PM