"I can't afford to buy my own house!" Have you heard this before?

"I can't afford to buy my own house!" Have you heard this before?

Here in Los Angeles, we have areas in which homes have appreciated significantly over a decade or more to the point where it is  now worth 2 or even 3 times the amount in which the original owner purchased the property.

And in some cases where the owner has been there 30+ years, I've even seen the property worth 10 or 20 times the original amount.

We even have clients now in which we are helping them sell their home and relocate elsewhere that could not afford to buy their own home if the needed to.

Do you have instances in your neighborhood where this has occured?

Ralph Gorgoglione

Comment balloon 3 commentsRalph Gorgoglione • July 04 2013 02:19PM
"I can't afford to buy my own house! " Have you heard this…
share
"I can't afford to buy my own house! " Have you heard this before? Here in Los Angeles, we have areas in which homes have appreciated significantly over a decade or more to the point where it is now worth 2 or even 3 times the amount… more
Vanna White came to my open house this week…
share
Vanna White came to my open house this week… We had the first broker's open house this week on of my listings. It's a fabulous view home in the hills. There was quite a bit of traffic, considering the heat was in triple… more
Fabulously Remodeled Mid Century Hillside Home with Amazing Views
share
$1, 599, 000 4 bedrooms, 2 full baths, 0 half baths, 2, 624 square feet Ralph Gorgoglione & Richard Ruggaber | John Aaroe Group | (310) 497-9407 3711… more
Mid-Century Hillside View Home - HUGE Potential - Topanga Canyon -..
share
$749, 000 4 bedrooms, 4 full baths, 0 half baths, 2, 955 square feet Ralph Gorgoglione & Richard Ruggaber | John Aaroe Group | (310) 497-9407 … more
Prime Area Sherman Oaks Metropolitan Condo
share
$2, 350 per month, 2 bedrooms, 2 full baths, 0 half baths, 1, 388 square feet Ralph Gorgoglione & Richard Ruggaber | John Aaroe Group | (310) 497-9407 … more
JUST SOLD! - 5919 Tuxedo Terrace, Los Angeles, CA 90068 - $975, 000
share
JUST SOLD - $975, 000 5919 Tuxedo Terrace, Los Angeles, CA 90068 MLS # 12617161 Built in 1939 this elegant traditional in upper Bronson Canyon is full of original character and charming, period details. All of the light-filled rooms are… more
Wow! Great pics on your listing. Hey, wait a minute… Those are…
share
Wow! Great pics on your listing. Hey, wait a minute… Those are MINE!! I was setting up a search for a client of mine who's looking to lease in Beverly Hills or somewhere near the water in Marina Del Rey Santa Monica or Venice. &… more
Things I've Learned From……… ( Fill In Country) - An amazing blog!
share
Things I've Learned From……… ( Fill In Country) - An amazing blog! A friend of mine gave me permission to post her blog: Things I've learned From… ( Fill in Country) It's just amazing. Her name is Jayne Zackheim and… more
Cute, new North Hollywood condo listing!
share
Adorable new North Hollywood Condo Listing! 6716 Clybourn Ave. 125 North Hollywood, CA 91606 &… more
Backup Offers: How to use this strategy successfully in the current…
share
Backup Offers: How to use this strategy successfully in the current market. With record-low inventory levels and an unusually high pool of buyers, properties are flying out the door, well over asking, and in some cases are sold before… more