Home value in Temple City and Arcadia has not depreciate like some areas in Southern California. If you have not already found your dream home, that same budget that you were looking to buy in Temple City could be realistic, I have just that one house for you in Temple City. Feel free to contact me at firstname.lastname@example.org.
Here are 2 recent sales in Temple City.
5723 Primrose. 4 bedrooms. 2 bathrooms. Built in 1939. 2,228 square feet. Sold for 760,000.
13,875 square feet lot size.
9622 Longden. 4 bedrooms. 4 bathrooms. Built in 2006. 2,897 square feet. Sold for 797,000.
6,750 square feet lot size.
I have sold properties in Arcadia and Temple City area. Also if you are interested in being within the Temple City school district, certain parts of unincorporated San Gabriel fall in the Temple City Unified school district.
From the two recent sales you can see that it is very hard to find a home larger than 2,000 square feet less than 700,000. It's not impossible but it won't be easy. And here's something to consider, in todays real estate market, if there ever was a larger home around 2,500 square feet listed less than 700,000...most likely there will be multiple offers, which will drive the price over 700,000.
Good luck home shopping and do not hesitate to contact me. Hank at 626-523-8787
There are still many great deals. We represent both buyers and sellers and I have to say that we are all three excellent negotiators - whether working for a buyer OR a seller!
We would be happy to pull the listings for you. Short sales and foreclosures/REOs are an option. With these kinds of properties they are often "AS IS, WHERE IS" which basically means what you see is what you get - the good, the bad and the ugly!
My suggestion to you is to explore all types of homes and see what best suits you. There was an article in the LA Times about 10 days ago that said prices in the LA are have actually gone UP 1.2%.
No one really knows what is going to happen in this market. You hear everything from it will pick up after the first of the year to things are going down until 2009. While it is true that the market has slowed and we have about a 10 month inventory, we really haven't seen prices crashing yet - hopefully not!
Let us know if we can help you! All the best in your quest for homeownership!