Location, Location, Location – A Jeanne in the Kitchen

Apparently the little itty-bitty house I grew up in, in Pasadena, CA has sold once again. It just sold for $970,600. Yep! Almost $1 million for this tiny two bedroom/1 bath house. When my parents bought it, they paid $17K. When I sold it 15 years ago, I sold it for $450K. It has more than doubled since then. Granted, A LOT of upgrades have taken place, but still, nearly $1 million?????? Seriously????? The funny thing is my current house is literally 5x the size of this house, and we have an open space park with all our lakes literally right behind us, and our house is less expensive, though not by much. I guess it all comes down to location, location, location. But I will take my big house on the lakes ANY day and EVERY day over living in LA. You couldn’t pay me enough to EVER live in LA again. I don’t even like to visit.

Location, Location, Location

In my hometown, after Hurricane Katrina hit, property values and rents skyrocketed.

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