The market is a bit different in Grand Forks, North Dakota, home of Engelstad arena and the University of North Dakota. I recently attended the graduation commencement for the class of 2008 and paid particular attention to the way of life out there in comparison to mine here in Los Angeles. Let's start with prices! This is a $250,000 For Sale By Owner listing which is a rock throw away from the highly acclaimed Engelstad arena, home of the UND Fighting Sioux. So I am thinking that if I am a solid buyer, I might be able to grab this thing so something close to $200,000...
The point is, there aren't a ton of people that want to live way out in Grand Forks, North Dakota. Don't get me wrong...I thinking the town is great...I think the University is first class...But there isn't an ocean for almost 2,000 miles in either direction! Location, Location, Location!!!
The real estate market may be in the toilet in certain, if not many parts of the country...But, Palos Verdes and the Beach cities stretching from Malibu all the way to Laguna Beach and Dana Point aren't as affected. High end areas are holding up better in this market. Read through the BOLD PRINT of this real estate media blitz!
1 comment:
Wow how did you get into the business and why would you want to get into this type of business? The pictures are good though its a nice try to get ones to buy the property you are trying to sell
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