Milpitas Rocking the Overbids!

Another one

https://www.redfin.com/CA/Milpitas/2243-Pinard-St-95035/home/1652365

Surprised to see this price in the current environment for a 3K lot

I remember visiting another house on the same block, on the same side of street. These houses all sit exactly on a fault line. When I saw that in the disclosures of the house I visited I stopped looking in this development.

Interestingā€¦ Small lot, on a fault line, with HOA in Milpitas goes for 1.7M in this market

Could it be Chinese money now that they are out of covid lockdown?

Chinese money is in south east Asia. There is also tight capital outflow restrictions. And tight passport issue.

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Is this house even level?

image

Asking 1.1M.

https://www.redfin.com/CA/Milpitas/1-Carnegie-Dr-95035/home/812361

Yes, after a few Anchor Steamsā€¦