Residential Real Estate in your city

[Qubert]

Originally Posted by the urban politician

The problem is that if you look at the entire Chicago region as one giant aggregate, then it's stagnant and slipping behind the rest of the country.

But if you break it into subregions, you have a much more interesting story.

Pre-pandemic, you had mostly stagnant suburbs, some city neighborhoods in free fall, and then a central area booming like nothing else in the country, along with some strong core neighborhoods, particularly on the north side.

Being a New Yorker, one must wonder: Why aren't gentrifiers snapping up properties in the areas that are in freefall?

[austlar1]

Originally Posted by Peggerino

I understand. My grandparents spend the winters in Arizona and love it. I have been and can sort of get the appeal, but it's definitely not for me, admittedly.

I'm just curious if there are any serious predictions about a substantial migration away from these places as droughts and heatwaves continue and get worse. I assume that most of the almost 5 million people in Phoenix do not live there solely because of golf, but rather cause they were born there, family and, as others mentioned, the relatively cheaper real estate. Once the effects of climate change become more severe, will people's calculus for where they live change in mass? There are other affordable places in the US that won't be struggling to the same extent as the southwest, such as the midwest.

I do not know much about the real estate market going on right now in the US, to be honest. It just seems like a crazy thing that the places I would think will be borderline unlivable in 50 years are where people are staking themselves and buying homes.

https://www.youtube.com/watch?v=iCjsLXvyXH8

[benp]

Originally Posted by Qubert

Being a New Yorker, one must wonder: Why aren't gentrifiers snapping up properties in the areas that are in freefall?

Free fall means the property and neighborhood will be worth less in the future. What's the point of snapping up a property today that will be worth less tomorrow?

[wwmiv]

Originally Posted by benp

Free fall means the property and neighborhood will be worth less in the future. What's the point of snapping up a property today that will be worth less tomorrow?

Yeah, you want to let the market stabilize somewhere cheap first and then buy. But only if it’s in an area with some kind of “cache”.

[dimondpark]

Love the views..another house with no back yard because it's built on the side of a steep hillside, but again it's all about what you see when you look out the window.

Oakland, CA 4bd/bth $2,488,000
https://www.estately.com/listings/info/45-bay-forest

[hauntedheadnc]

To amuse myself this morning, I took a spin through Zillow, putting in the parameters we used when we were househunting last summer. 2+ bedrooms, 2+ bathrooms, 2000 square feet at a minimum, $270k or less. We started our house hunt around May and kept it up until September when we finally settled on the house we live in now. During that time, every day would bring new listings, sometimes a dozen or more. We saw houses in historic districts, houses in the country, houses in suburbs, and we saw every imaginable architectural style, from bungalow to mid-century modern, to contemporary. We even saw one art deco house.

Putting in those same parameters today brought up nothing, literally nothing, except for new construction in Greenville's ever-burgeoning suburbs. When I took out the price cap, I saw that the cheapest house fitting our criteria clocks in at $414k.

[bossabreezes]

All these listings in LA and SF are accelerating my need to be in California. <3

[Steely Dan]

Originally Posted by hauntedheadnc

To amuse myself this morning, I took a spin through Zillow, putting in the parameters we used when we were househunting last summer. 2+ bedrooms, 2+ bathrooms, 2000 square feet at a minimum, $270k or less. We started our house hunt around May and kept it up until September when we finally settled on the house we live in now. During that time, every day would bring new listings, sometimes a dozen or more. We saw houses in historic districts, houses in the country, houses in suburbs, and we saw every imaginable architectural style, from bungalow to mid-century modern, to contemporary. We even saw one art deco house.

Putting in those same parameters today brought up nothing, literally nothing, except for new construction in Greenville's ever-burgeoning suburbs. When I took out the price cap, I saw that the cheapest house fitting our criteria clocks in at $414k.

LOTS of options for 2+ bed, 2+ bath, 2000+ SF, single-family detached houses for <$275K in the city of chicago.

but they won't be in the favored quarter, and will likely be outdated on the kitchen and bath front, or even complete interior trainwrecks.

[Eightball]

Originally Posted by bossabreezes

All these listings in LA and SF are accelerating my need to be in California. <3

yea he posting some absolute beauties! i miss my loft dtla ima buy me something in Cali again soon lol

[sopas ej]

A property in Pasadena, CA. From Pasadena Now.

2277 Lambert Dr.
Pasadena, CA 91107

Bedroom(s): 5
Bathroom(s): 3
Square feet: 2,240 sq.ft.±
Lot: 8,696 sq.ft.±
Year Built: 1929

Offered at $1,599,000

[38 Geary]

^ Absolutely gorgeous! And very affordable too. Something like that would fetch about $3-4 million here easily.

[pip]

I'm thinking maybe 30+ more pics of the place would be good

[Steely Dan]

Originally Posted by pip

I'm thinking maybe 30+ more pics of the place would be good

Totally.

How come no pics of the utility room or the hallway linen closet?

[ChrisLA]

Originally Posted by homebucket

^ Absolutely gorgeous! And very affordable too. Something like that would fetch about $3-4 million here easily.

I’m actually surprised it’s that low, usually homes at that price point even in Southern California most prime communities aren’t usually that large.

[dimondpark]

Originally Posted by pip

I'm thinking maybe 30+ more pics of the place would be good

lol I guess Im bad for posting like 4 pics

[Steely Dan]

Originally Posted by dimondpark

lol I guess Im bad for posting like 4 pics

No.

4ish is normal.

If one is enticed to see more, a simple link to the other 40 pics does the trick.

[dimondpark]

This house in Alamo finally sold...for 60% below asking at around 17 million dollars, 8 years later. I've been following this listing for like, ever.

I hate the house itself, the interiors, the design, the layout, all dated and tacky imo, Alamo for some reason, is into the 1980s plush casino faux gold rush look when it comes to furniture, at least that's my experience. Anyway, outside however, this property looks very Andalusian. Breathtaking.

Anyhow, Socketsite ran the story...
https://socketsite.com/archives/2021/07/...-60-percent-below-its-original-list.html

[dimondpark]

another house in Alamo, CA, which is a suburb about half an hour east of Oakland. This one was listed for 10 million but sold for 9.375---very Calabasas imho, and the inside layout reminds me of those massive "barndominiums" in Texas. Like a very fancy fabricated home as it were. I do LOVE the enclosed auto courtyard tho.











Here's realtor's page on 1021 Via Del Gato in Alamo.
https://www.realtor.com/realestateandhomes-detail/1021-Via-del-Gato_Alamo_CA_94507_M25019-29745

[Pedestrian]

^^I would live on Cat Way!

[Pedestrian]

Originally Posted by dimondpark

Love the views..another house with no back yard because it's built on the side of a steep hillside, but again it's all about what you see when you look out the window.

Oakland, CA 4bd/bth $2,488,000

Looks pretty new as do all the houses around it and I'm guessing that's because it's in the area that burned in 1991:

• Video Link