Saturday, December 16, 2006

"The local housing market is RED HOT"


According to Mark Thorngren, is his post updated 12-15-06, "the local housing market is RED HOT". HUH??:

The local housing market is RED HOT. The homes here appreciated approximately 35% in the last year! You can find a brand new 3 bedroom home for under 350K. Luxury homes normally begin at about 550K. Similar homes in Ventura County -further South -will typically sell for 3 times this price! Bakersfield has a population approaching 300,000 people and staddles the Kern River.


http://realtytimes.com/rtmcrc
ond/California~Bakersfield~markthorngren

11 comments:

Anonymous said...

The OFHEO begs to differ with Mr. Realtor dude:

http://www.housedata.info/CA/Bakersfield/

Bakersfield Bubble said...

BTW - this guy is from Ventura, I think he is trolling for leads??

Anonymous said...

Let's not forget to mention many of our residents live under the Kern River Bridges!

Lou Minatti said...
This comment has been removed by a blog administrator.
Lou Minatti said...

He likes to use lots of exclamation marks! At the ends of sentences! That makes him a real estate expert!

How can the real estate market be "red hot" if an average sh**box is $350k and you can rent the same sh**box for less than $1,000/mo?

Anonymous said...

God Dammit, I hate it when people use!!!marks!

Hwy50ina49Dodge said...

"and staddles the Kern River"

Actually, straddles the remains of the Kern River, know as the Kern creek.

Bakersfield:
"Oil, carrots...and pesticide dust."

Anonymous said...

Hey I have a solution for the energy crisis and this guy has an alternate career ... like scrape the oil off his face and supply the whole freaking country.
Light sweet crude they say ... and yes how sweet it will be ...
Cool.
Cow_tipping.

Bakersfield Bubble said...

LMAO

Anonymous said...

Who is that dumb f$$k???

Anonymous said...

These guys should go to jail, or be sued, for hyping a dead market. Isn't this similar to pumping and dumping stocks? Why are they allowed to do this, seems like the same thing to me.