Real estate in Southern California will always be attractive and enticing. At a seminar, the main speaker gave an interesting point. He joked about how the city of Pasadena must have made a deal with the deity that every January first, while the rest of the country is cold with various types of precipitation, it would be in the low 60s- 70s with a light breeze from the Northwest while the Rose Parade rolls through town.
It is true we had quite the spike in real estate that needed correcting, but people will always want to live in California. Songs, movies, books, comics, magazines, and even blogs are written about California. Where else can you ski on one day and surf the next? Let me know, because I would like to go there.
