This was your opportunity to start a “Palo Alto Rocking The Overbids!” thread!!!.. (yeah, I know, who cares… )
7 homes sold for more than 1 million over the asking price. Yikes
Well, it is our overall fav paradise city around these parts for a reason…
These are people’s 2nd or 3rd home purchase according to the article. They are bring the huge equity gain from their current homes to buy the 3M houses in PA. Step-up buyers are alive and well.
I don’t want to know about Atherton.
I once dreamed of living there. Not anymore.
If this isn’t an all-out housing bubble I don’t know what is.
Poll… which of the following below is the biggest bubble?
- Silicon Valley homes
- Silicon Valley tech stocks
May the biggest bubble pop first!!!
2 and 1 will happen at the same time.