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Get the word out--Eichlers in need of owners.

2 replies [Last post]
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Joined: Apr 2 2003

Hi,

I feel compelled to raise an issue that has been much in the news of late--the sale of distressed properties due to the poor economy (loss of jobs, moving to less expensive areas, etc.)

There are a lot of Eichlers at bargain prices that are going begging. My worry is that would-be developers/investors might buy one up and do a tear-down. I was surprised recently when an Eichler in a nearby neighborhood went for $200k under its value just last summer. Now we have two Eichlers for sale in my own neighborhood listing for $150k or more under market (one a bank repossession, the other a trust sale). True, such homes typically need some work but you can't deny the opportunity--especially for people wanting to get into an Eichler.

So, get the word out to any friends or family that have ever shown an interest in your home ;-) Talk up your neighborhood and what a great piece of California architecture Eichlers represent.

Jake
eichfan at rawbw dot com

eichfan at rawbw dot com

Offline
Joined: Mar 20 2003

if you see them for sale, post up on Lotta Living too. we have a real estate forum. http://www.lottaliving.com

Offline
Joined: Apr 2 2003

Hey, Joe, excellent idea! I've mentioned it to some of our neighbors and now one of the homes has been posted. Hopefully someone who loves mid-century architecture will buy it.

Thanks for the pointer, much appreciated.

Cheers.
Jake

eichfan at rawbw dot com

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