Palmdale, CA - Posted by Edsel

Posted by Mark (SDCA) on April 12, 2000 at 11:21:18:

Appreciation has slowed there recently but it is still pretty good from people who cannot afford to live in the LA basin. Horrid commute but some people are willing to do it. Most likely prospects are people who live in the San Fernando Valley.

Mark

Palmdale, CA - Posted by Edsel

Posted by Edsel on April 12, 2000 at 08:09:42:

What are the prospects of Palmdale property (LA county) in the near future? To what uses may it be devoted?

Re: Palmdale, CA - Posted by Bill Gatten

Posted by Bill Gatten on April 12, 2000 at 22:30:17:

Edsel,

I work a lot in the Lancaster Palmdale area and find that values are finally getting back to normal after the terrible recession of the last ten years.

I’m finding that Realtors there are getting real chunky from the onslaught of business. For a long time nothing was happening and the 3rd party trustee co-beneficiary land trust conveyance was a godsend to them; however, our business from Realtors in that area has slowed to a tricle at best since the market has come back full bore.

Bill Gatten