There is no reasoning with an addict. They are hooked. They need a fix. Their behavior is predictably uncontrollable.
My nine-year-old daughter and I have moved to Los Angeles so that she can pursue fame...I'd settle for fortune, but we'll see if she has an opportunity at either. For three months, we are planted here in the San Fernando Valley while she takes acting classes and auditions. Believe me, this is a strange world and it WILL be covered in an upcoming blog entitled "Starlet!"
We are renting a condo. The operative word in that phrase is "renting." I have not rented anything, other than a hotel room, in twenty years. I HATE throwing money away. I can not stand paying others who own real estate because I want to make money from the inflating market. The two bedroom condo we are renting sits right on an extremely busy road and, frankly, triple pane windows just don;t do the trick. And when the traffic dies down, the construction next door fills in the noise gap.
I was in the condo about three hours when I had the MLS up looking for places in the area. Truth be told, I was looking even before we moved here. I have lived in LA before, but never the "Valley." I always thought it was for those less fortunate folks. No more. The prices are not just creeping up...they are leaping. And the temporary slowdown I was counting on to get into the market ended the day I got here. Really, I think it ended Friday when the houses I had been following on the MLS, those that had been on the market for months, suddenly ALL went into escrow. Damn sunshine and buoyed stock market.
I can not say whether I will buy this week or even this month. I really want to be off this busy street and into some cute bungalow that needs a bit of "TLC," as appears often in the real estate descriptions. But, in one day, I got a great overview of the market in this corner of the Valley. And I landed on some hip realtor that was stuck showing a house with the owner sitting in one of the bedrooms, chain smoking. Not a very motivated owner. Even then, they received an offer on the 1800 square foot house, marketed at just under a million dollars.
And I got a good sense of the neighborhoods where I may want to buy. Sometimes you get a feel for a realtor and I did here. Not pretentious, not greedy... and happy to make circles on a map that represented where SHE would consider buying. Good enough for me. So, this week we'll talk and strategize....and just see if there's still time to get in. Maybe it will rain.....who wants to buy a house in So Cal in the rain? I do.