This question was asked a long time ago and the market at the time was still spiraling downward. I remember at that time on the news it was Foreclosures and unemployment on the news headlines. The market has changed since then. Most people are in positive equity positions once again. Short sales are less than 2% of the market.
I hope that everything worked out in your favor.
Coldwell Banker Star Realty
BRE Lic#01456982... more
I think Claremont has some factors that insulate it from the overall effects of the general economy, 7 factors in fact...the 7 Claremont Collleges. Given that these institutions continue and will continue to bring revenue to the city, you won't see any drop in the upkeep of the community and given the engaged nature of the faculty and community at large, you get a positive force that will continue to shield the community from the harshest effects of the recession.... more