Well, you’re right, the Piggs generally amuse themselves with the SD area and do an outstanding job of analysis. I’ve lived (rented) in Claremont for two years after 10 of owning a house in Chicago and living on a sailboat for a couple of years. So, my observations are limited, and I’ve collected nearly no data specific to Claremont. But here’s my observations. It’s a great little town, but wildly overpriced in real estate. The market doesn’t seem to be reacting as quickly to adjust as other SOCal areas. I’m guessing that because it is an old, and very stable community, there just isn’t the same level of “forced to sell” which seems to be leading the prices around in other areas. Per Zillow (yeah, I know) there seems to be a lot of long term listings for which the price isn’t moving. Looks like a lot of waiting going around on both the seller and buyer sides. My gut feeling is there is a “price arrogance” about the town. Better values can be found in neighboring towns like LaVerne and Upland. Both of which have nice areas and still are close to Claremont. If you are insistent on Claremont, try to stay north of the tracks. Better area.
