Bakersfield Property buyers not buying the bubble?
In Bakersfield, with foreclosures even being tied to a summer battle with West Nile virus, it’s hard to think real estate could look like a beautiful investment in the San Joaquin Valley.
“We have 225 lots. As a result of tonight, we’re going to sell six-eight homes,” said Jennifer Jordan of Touchstone Real Estate.
And that’s the reality: buyers exist in the 2007 market. Jordan said thousands were invested in the showing of the lots. That’s no small feat for a country club setting.
Another are not reeeling from a Bubble, Recession, Credit Crunch, or whatever you want to call it.
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