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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Sun, 27 Mar 2005 11:08:26 +0100
/ Author of the message: sufaud |
Title of the message: |
LAT: California newcomers must leap the stunning home-price gap.
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Text of the message: |
Los Angeles Times More than miles apart California newcomers must leap the stunning home-price gap. It makes some think twice. By Marnell Jameson Special to The Times March 27, 2005 When Erik Mellquist graduated from the University of Michigan in 2003 with an engineering degree, he had a plan: Get married. Find a job. Buy a house. The bride and the job proved the easy part. He and his fiancée, Emily, also an engineering student, married three weeks after they graduated. About the same time, Erik landed a job at an aerospace firm in El Segundo. But when the newlyweds arrived, he said, "the housing prices blew us away." Based on Erik's salary ‹ Emily returned to school for a teaching credential ‹ they could afford up to $350,000 for a home. Because that seemed high, they looked at properties for $300,000 or less. "We figured for $300,000 we could get something half as big and half as nice |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.