Monday, April 27, 2009

Cheap Land in Pomona


This sign just went up on lower Garey, and it totally makes me laugh. I am wondering about the asking price, given that the last time I checked the vacant gas station at Alvardo and Garey was something like a million dollars. Yeah right.

I checked zillow.com last night for the current estimated price of our home, and found out that the price has now dropped to within $30,000 of the price we purchased it at 6 years ago. Of course part of that is due to the redlining that is inherent in the appraisal industry, thanks to the whole "comps" system, not to mention the economy. When we sold our last house, comps were also an issue and we literally had to choose the buyer based on who would be best able to pay the agreed upon sales price, no matter what the appraisal came in at. As it turned out, that person paid $30,000 over the appraised price. And they still got a bargain.

Today at work, my coworker who lives in the Murrieta area was telling me that the house he bought two years ago for $500,00 is now worth $250,000, so I no longer feel bad about at least still being above water at our house in Pomona. I think for the most part we'll do okay here in Pomona because we always got a good value for our money. I mean the house I live at here in Pomona would be double the amount, in not more, in Pasadena, and triple in Santa Monica.

Some of the real estate information on the web is kinda scarey. I periodically google my name in order to see where I need to remove my information from. I recently found out that my name comes up with a hit on a site called blockshopper.com, which shows my address, the sales price of the home, all my neighbors' information, a map and photograph of the house. I'm kind of reluctant to email them to remove me from their list, as I figure they'll add my email to the information they already give out.


I wish I had the money to buy some Pomona real estate right now. I think it would be a great investment for what I do believe is a bright future. Sadly, though, all I can afford these days are shoes from one of Garey Avenue's newest businesses: "Runshoes 3 for 20."

Cheap land and runshoes 3 for $20: Just two more reasons to love Pomona.

THE END
And here is the rest of it.

5 comments:

calwatch said...

Most of the information, BUT there are a few known peace officers who are on the list, and they may wish to read section 6254.21 of the Government Code:

6254.21. (a) No state or local agency shall post the home address or telephone number of any elected or appointed official on the Internet without first obtaining the written permission of that individual.
(b) No person shall knowingly post the home address or telephone number of any elected or appointed official, or of the official's residing spouse or child on the Internet knowing that person is an elected or appointed official and intending to cause imminent great bodily harm that is likely to occur or threatening to cause imminent great bodily harm to that individual. A violation of this subdivision is a misdemeanor. A violation of this subdivision that leads to the bodily injury of the official, or his or her residing spouse or child, is a misdemeanor or a felony.
(c) (1) No person, business, or association shall publicly post or publicly display on the Internet the home address or telephone number of any elected or appointed official if that official has made a written demand of that person, business, or association to not disclose his or her home address or telephone number. A written demand made under this paragraph by a state constitutional officer, a mayor, or a Member of the Legislature, a city council, or a board of supervisors shall include a statement describing a threat or fear
for the safety of that official or of any person residing at the official's home address. A written demand made under this paragraph by an elected official shall be effective for four years, regardless of whether or not the official's term has expired prior to the end of
the four-year period. For this purpose, "publicly post" or "publicly display" means to intentionally communicate or otherwise make available to the general public.
(2) An official whose home address or telephone number is made public as a result of a violation of paragraph (1) may bring an action seeking injunctive or declarative relief in any court of competent jurisdiction. If a jury or court finds that a violation has occurred, it may grant injunctive or declarative relief and shall award the official court costs and reasonable attorney's fees.
(d) (1) No person, business, or association shall solicit, sell, or trade on the Internet the home address or telephone number of an elected or appointed official with the intent to cause imminent great bodily harm to the official or to any person residing at the official's home address.
(2) Notwithstanding any other provision of law, an official whose home address or telephone number is solicited, sold, or traded in violation of paragraph (1) may bring an action in any court of competent jurisdiction. If a jury or court finds that a violation has
occurred, it shall award damages to that official in an amount up to a maximum of three times the actual damages but in no case less than four thousand dollars ($4,000).
(e) An interactive computer service or access software provider, as defined in Section 230(f) of Title 47 of the United States Code, shall not be liable under this section unless the service or provider intends to abet or cause imminent great bodily harm that is likely
to occur or threatens to cause imminent great bodily harm to an elected or appointed official.
(f) For purposes of this section, "elected or appointed official" includes, but is not limited to, all of the following:
(1) State constitutional officers.
(2) Members of the Legislature.
(3) Judges and court commissioners.
(4) District attorneys.
(5) Public defenders.
(6) Members of a city council.
(7) Members of a board of supervisors.
(8) Appointees of the Governor.
(9) Appointees of the Legislature.
(10) Mayors.
(11) City attorneys.
(12) Police chiefs and sheriffs.
(13) A public safety official as defined in Section 6254.24.
(14) State administrative law judges.
(15) Federal judges and federal defenders.
(16) Members of the United States Congress and appointees of the President.
(g) Nothing in this section is intended to preclude punishment instead under Sections 69, 76, or 422 of the Penal Code, or any other provision of law.

Anonymous said...

That "Cheap Land" sign has been up for months. I guess you don't travel to South Pomona much.

me said...

Yeah, I'm more of a Towne Avenue girl, but since the Fox theater opened, I'm driving Garey now every chance I get!

G of P

Luisito825 said...

I was wondering why that lot(Garey & Alva) has stayed that way for so long....

btw I just found your blog. I moved to this area last year and I love it here.

Anduhrew said...

there was another lot for sale around the corner from my home, it was a much bigger lot and it sold. now there is a sign that says "for rent" don't think it'll be rented anytime soon. there's nothing there!

I'd like to know the price of that lot. i walked by it today on my way to the bus stop. I'm just curious, I'd be it if I weren't going to Grad School.