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Any signs of economic recovery where you live ? (Original Post) olddots Apr 2013 OP
No. Small stores 840high Apr 2013 #1
I don't know about jobs (not currently looking) but houses are flying off the shelf in the Seattle gateley Apr 2013 #2
Asking prices for real estate seem to have stopped declining tularetom Apr 2013 #3
Real estate here in the Bay Area is getting crazy again, bidding wars, skyrocketing prices CreekDog Apr 2013 #18
I see lots of Maseratis and Bentleys in Miami. Mika Apr 2013 #4
Yes ... Auggie Apr 2013 #5
The area I live in is affluent and the people who service them like lawyers and Cleita Apr 2013 #6
Real estate prices are jumping. Not a lot of hiring, though we have a pretty low Common Sense Party Apr 2013 #7
I'm in an LA suburb. Still plenty of LibDemAlways Apr 2013 #8
Sounds like the Pasadena area... PasadenaTrudy Apr 2013 #16
Zillow CrispyQ Apr 2013 #9
I'm on the Central Coast and see a lot more construction going on, some infrastructure work pinto Apr 2013 #10
We're just South of you near the Coast and there definitely is new construction and.. Tikki May 2013 #19
I see construction, retail still looks desperate. nt bemildred Apr 2013 #11
The news keeps saying this area has added lots of jobs Starry Messenger Apr 2013 #12
Bay Area: Apartments are going back through the roof. KamaAina Apr 2013 #13
What I notice the most is the extremes olddots Apr 2013 #14
Have you been in downtown L.A. lately? PasadenaTrudy Apr 2013 #17
Improvement appears hit and miss. antiquie Apr 2013 #15
Riverside County stats eric1 Aug 2013 #20

gateley

(62,683 posts)
2. I don't know about jobs (not currently looking) but houses are flying off the shelf in the Seattle
Mon Apr 22, 2013, 07:48 PM
Apr 2013

area. That doesn't mean anything to me because I can't afford to buy one, but my niece and her husband have been trying to buy a house and they keep getting snapped up for over the asking price. They were interested in a particular one and the owner had received twenty offers! That may have been extreme -- great neighborhood, good schools -- but across the board they're selling FAST.

tularetom

(23,664 posts)
3. Asking prices for real estate seem to have stopped declining
Mon Apr 22, 2013, 07:51 PM
Apr 2013

They don't appear to be going up, but they aren't going down anymore.

Other than that, things don't ever change much around here. The economy is resource and tourism based being so close to Yosemite.

 

Mika

(17,751 posts)
4. I see lots of Maseratis and Bentleys in Miami.
Mon Apr 22, 2013, 07:51 PM
Apr 2013

Beamers and Benz's are passe now.

Looks like the 1 percenters are quite successfully dismantling America and profiteering from it.

Cleita

(75,480 posts)
6. The area I live in is affluent and the people who service them like lawyers and
Mon Apr 22, 2013, 07:55 PM
Apr 2013

medical professionals are doing quite well. However, we haven't had any lowering of poverty problems or increase of jobs at the working class level. My county is mostly rural, horse country, and wine country but for every Mc D's job that opens up there are about 200 applicants.

LibDemAlways

(15,139 posts)
8. I'm in an LA suburb. Still plenty of
Mon Apr 22, 2013, 07:58 PM
Apr 2013

empty storefronts and unoccupied office buildings. However, the rich definitely continue to get richer. A new Bentley dealership just opened locally and I see no shortage of other new, expensive vehicles on the road. Sales of McMansions are brisk, too.

PasadenaTrudy

(3,998 posts)
16. Sounds like the Pasadena area...
Tue Apr 23, 2013, 07:07 PM
Apr 2013

Lots of Bentleys and Maseratis. Where are these people getting the dough? We've had a few small businesses open here in South Pasadena, and home prices are through the roof. Low supply though. As usual, some people are doing just swell, but lots of others are not.

CrispyQ

(36,424 posts)
9. Zillow
Mon Apr 22, 2013, 08:01 PM
Apr 2013

has my property at plus $10,000 from it's lowest since 2008/9, but that is still minus $12,000 from it's high of all time, a little before that time.

Jobs? Can't tell. I'm not in the market right now.

Prices? The inflation numbers are rigged. Every week I pay more & more at the grocery store, but this is not included in inflation figures. WTF? Who doesn't eat?

pinto

(106,886 posts)
10. I'm on the Central Coast and see a lot more construction going on, some infrastructure work
Mon Apr 22, 2013, 08:11 PM
Apr 2013

and a lot of remodeling activity on local homes. A vacant supermarket has been picked up by another company, is being remodeled and set to re-open in June/July. A downtown corner property was bought by the local Section 8 / HUD provider and apartment construction is on-going.

Tikki

(14,549 posts)
19. We're just South of you near the Coast and there definitely is new construction and..
Thu May 9, 2013, 07:16 PM
May 2013

remodeling going on here. And infrastructure work...maybe it's a Coastal thing...but the economy is picking up here.


The Tikkis

Starry Messenger

(32,342 posts)
12. The news keeps saying this area has added lots of jobs
Mon Apr 22, 2013, 10:53 PM
Apr 2013

I don't think I'm in a SES level that is going to feel any recovery though. Gas and food are still high, and the storage rental fee went up 20% on me. Landlady raised her rent too.

Looks like some new spots are coming to our little shopping area though, and the county has been doing massive drain/road upgrades all up and down El Camino for months, so those guys are happy.

 

KamaAina

(78,249 posts)
13. Bay Area: Apartments are going back through the roof.
Mon Apr 22, 2013, 11:41 PM
Apr 2013

Just when I'm looking for one in SF.

Lots of new "stack 'n' pack" apartments going up all over San Jose.

 

olddots

(10,237 posts)
14. What I notice the most is the extremes
Tue Apr 23, 2013, 12:43 AM
Apr 2013

are closer together and that's scary = Mc Mansions and a mile away homelessness .

the San Fernando Valley was once the place looked down on for being so middle class now its pimped out 1/4 million dollar cars or me in my unwashed dented old truck ........
It's better than it was 2 years ago when you drove the length of Ventura Blvd past dark and the fancy " bistros " were closed ,there has always been little night life in the Valley but now it's non existent .

here's something I hope only happens in the west valley Domino's pizza being delivered to gated communities and Audi A6s in the drive thru lane at Mc Donalds . and always In & Out burgers. Yikes L.A.

PasadenaTrudy

(3,998 posts)
17. Have you been in downtown L.A. lately?
Tue Apr 23, 2013, 07:09 PM
Apr 2013

Lofts and condos a block from OR right in skid row. More apartments going up on Hill near Temple, and a huge complex in the works in the arts district.

 

antiquie

(4,299 posts)
15. Improvement appears hit and miss.
Tue Apr 23, 2013, 12:05 PM
Apr 2013

Lots of infrastructure improvement, new apartments near colleges, a new person sleeping in their car on our street in Southern California. Haven't seen retail improvement yet, real estate edging up. Personally, still recessionized.

 

eric1

(27 posts)
20. Riverside County stats
Tue Aug 13, 2013, 07:06 PM
Aug 2013

Recent national stats showed an improving manufacturing base, but here in Riverside County the most recent manufacturing stats were dismal. I don't see a lot of economic growth here although certain sectors are reporting an uptick.

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