Housing Market Update: February 2020

Gonna be crazy this year!

excited to see what happens this month!

A friend of mine lost their 2nd house this year in Cupertino >2.5M range. Last one went over 15% asking price with 9 offers.

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Are they first time buyers?

Nope. Second home.

Still deals in Ohio. Here is one that cost $10,000 in 1930 hardly appreciated since

Houses are depreciating asset in most of America except in very few places like the Bay Area. I always say a young person should by all means move to the coasts, preferably the left coast. But too many people feel entitled to big ass 3k feet house right out of college and never had the fortitude to tough it out for a few years in order to get the big prize at the end. Losers.