Capistrano Beach, CA · Member since 2013 · 283 posts · 169 votes
10y
Thanks for sharing, big relief for me since I'm in the middle of a flip in San Juan Capistrano right now, although personally, I think the prices in the coastal towns are going to stay flat.
Loan Officer · Tustin, CA · Member since 2015 · 3k+ posts · 713 votes
10y
The lack of inventory is a real problem here. I have been conducting some market research on inventory and prices in other states such as Oregon, Virginia, AZ, Washington and all the brokers keep saying is that they have no inventory and prices are crazy. Today I spoke with a past client who has multi units in LB and wants to trade up in a 1031 exchange and has nothing to go into in the $3 to 4 million range. However we are still seeing investors finding deals for various reasons.