RedWoodCity : Nice Appreciation for Primary home, Tax Free Gain!

https://www.redfin.com/CA/Redwood-City/312-Northumberland-Ave-94061/home/17307825

Compared to 2011 purchase, it is great appreciation. Compared to 2007, it is nominal one.

So is it going to double again in the next few years?
Rent … $3500???
Past performance is no indication of future performance

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I live in Fremont. All the houses in my area is up by this percentage, i.e. nothing special here.

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Happy to know, but Some samples…please?

I don’t want to advertise my zip code, but it’s easy to find if anyone is interested.

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This house, to be in RWC, compared to mine, in the worthless East part of San Jose :joy: has to be sold at $1.5M+ to be considered a winner. Ours double its price since 2011.

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At this rate you will become a Republican, lol

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My buddy bought an Eichler on Northumberland in 1980
For $130k $13k down now worth $1.3m
Still a crappy school district
But he made 100x

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Hottest as far as I know is Mission San Jose and Warm Springs neighborhood… almost bought a brand new SFH in Warm Springs :slight_smile: Realtor highly recommends because of BART AFAIK or grab while it is cheap in Mission San Jose… didn’t think of leveraging like crazy then… around 2010… now also :blush: not at my age.

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In short “A rising tide raises all boats. It’s only when the tide goes out we realize who is still swimming “

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The zipcodes 94536/94555 with American high had made the most jump % wise in Fremont. Beating mission SJ area.

https://www.redfin.com/CA/Fremont/36043-Dering-Pl-94536/home/1064801

https://www.redfin.com/CA/Fremont/35817-Augustine-Pl-94536/home/1357023
https://www.redfin.com/CA/Fremont/4402-Gibraltar-Dr-94536/home/1888005

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Excellent & Thanks

A neighbor, 4 months in, has an equity of 7% now. Gee! In my “so violent, full of crime neighborhood?” :rofl: