Here is another example how crazy the BA market is!

1

Not only Sunnyvale, but also San Jose any place is going crazy.

LP = 1.499M, SP=1.9M

Dec 2012 Price 650k !

https://www.redfin.com/CA/San-Jose/1015-S-Genevieve-Ln-95128/home/1429440

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I wonder how expensive the remodel was?

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They added one bedroom appx max 350 soft and nicely painted, wood floor etc. Talked to listing agent and they were expecting offers above 1.7m, but final went to 1.9M

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Did you get your home yet?

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Lost 3 offers so far, from 100k to 300k range level ! Including this home where we priced 1.8m

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Bet more aggressively…

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We priced 1.8 m for this home, goes beyond

8

Wow. I guess you wanted this house because of the large lot.

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9

Where’s your primary now?

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  1. Daily 45 to 60 mind carpool commute to north San Jose I want to avoid.
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Oh no wonder! I was thinking this still is quite a distance to MV/PA area.

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Driving to MV/PA not easy, but Caltrain is there to north up to SFO 3 times morning and 3 evening

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Normally, if listing is priced low to attract buyers, then a fixer should go about $200-300k over asking. A dolled up house should go about $300-500k over asking.

14

Why not buy in Berryessa or even milpitas? For 1.2 you can get something very nice.

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I’ve been bullish in Berryessa for 2-3 years. I was looking at there and Santa Clara if I stayed in the bay area. Berryessa is nicer but not as centrally located. There’s a pocket of it that has schools that are quite a bit better than Santa Clara. It’s also getting BART (although not sure that’s a plus based on the BART thread). It seems like a plus to people commuting to SF. Berryessa will be a good commute to SF and N SJ.

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Yes berryessa is really nice. Jerry Yang of Yahoo fame grew up there. It’s on my buy list if I had money. :cry:

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Stop reminding me of the $450k SFH deal in berryessa I walked away from back in 2011…

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Damn… I didn’t buy any houses in NYC when I was there 1987 :cry:

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Did Singapore have SARS? How was the property market back then?

In Hong Kong it dropped like a stone. People who bought in 2003 saw their property value 5-10x compared to now.

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Not interested in buying in Asia no matter the appreciation…

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