Is this not RE bubble period? Sunnyvale


#1

We like real estate and its price appreciation, but seems to be going out of control like the way BITCOIN is going !


#2

I think the buy price was way under. I know of a friend who bought couple blocks north of this, for 1.1 ish at the time.


#3

This house is appropriately priced. Yes, price jumped more than 50% in less than 3 years…


#4

Since 2013, prices in South Bay are rising at 13-22% depending on neighborhoods. More expensive houses rise slower. Not good to buy in less desirable neighborhoods now unless you think the spillover is permanent. Less desirable neighborhoods have higher beta.


#5

Why are you complaining? This is your opportunity to start a “Sunnyvale Rocking The Overbids!” thread!!! :grin:


#6

IMO, such claim leads to irrational exuberance! It is almost like “Hurry Bitcoin crossed 11000 !!!”

When others are greedy…