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Tuesday, July 30, 2013

Arcadia Housing Bubble

I wish my parents had moved to Arcadia, instead of Monrovia back in 1965. Wow! The prices are because of Chinese buyers. Arcadia has an excellent school district. I am surprised about this type of price, since you can get something in San Marino, which is slightly better school district.

The Southern California flipper epidemic: A market in the middle of crosswinds. What a $2+ million flip in Arcadia will get you.

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2 Comments:

Anonymous Anonymous said...

There was a realtor sign in front of a house for sale in Temple City touting it being in Arcadia Unified School District. Good marketing?

August 2, 2013 at 6:17 PM  
Blogger Ray Ritchey said...

A+ Marketing.

I believe some parts of Arcadia City, are not part of Arcadia School District.
http://site.ausd.net/modules/groups/homepagefiles/cms/1414168/File/maps/elem-large.pdf?sessionid=430c6995b9334e53627425b43c83a34e

http://www.ci.arcadia.ca.us/images/parks.jpg

August 5, 2013 at 3:58 PM  

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