Are you planning to sell your East Bay’s holdings?
My armed chair psychological analysis
If you want to sell, you pump the area.
If you want to buy, you dump the area.
How you read my mind… I’m trying my hardest to dump the South Bay… it isn’t working…
Would anybody really rent while someone else is in the cottage? looked unlikely.
It was before…But the city does not allow the cottage rental if the owner does not live in the house…Old lady owns it…Has let the place go…ripe for a new owner…
I’ve started going to open houses here. There’s not a lot of traffic, but most of the inventory is leftover from last year with obvious flaws. The one I saw yesterday had <7’ ceilings upstairs. It also had the oddest layout.
https://www.redfin.com/WA/Edmonds/1031-7th-Ave-S-98020/home/2763908
It was my first time checking out that area. There’s a train that is 35 mins to Seattle, and the area is right on the Sound. Overall, it’s oddly expensive for Seattle with blah schools. I honestly don’t get it, since you can do much better for that price in other locations.
https://www.redfin.com/WA/Bainbridge-Island/6142-Lynwood-Center-Rd-NE-98110/home/40034354
I don’t buy it’s 2+ acres of land, or the land isn’t that usable. This house is comparable price and far superior. It already went pending while the other has been listed 120+ days.
https://www.redfin.com/WA/Bainbridge-Island/8567-Cherry-Orchard-Ln-NE-98110/home/18741387
Look like not many went to open house lately. Me, neither.
I find overpriced house tends to have very low traffic but doesn’t mean can’t sell at high price.
Houses that are much higher price than median for the neighborhood also have low traffic.
Are you referring to only one house or houses in the same neighborhood?
Can I tear down and build a 100 unit condos? Or BMR rentals to let billionaires to be close to the grassroots?
December and January are bargain basement time for buyers. Only junk left over from last year. Bid low.
Sellers start listing new inventory after Super bowl
No way in Atherton.
I do, but was busy this year. Just playoffs. The only american sport I dont like watching is baseball, boring as hell. Fun to play though
Not the situation in Sunnyvale. 9 out of 11 are listed in Jan.
houses for sale going to Homestead High
Sometimes the houses are rented by a group of students. Depends on # of bedrooms.
Also, with an acre lot, you can create your own access and backyard if the layout is right. (Though elt1’s sounds a lot smaller.)
Oh, Boy… i saw 2 houses in RWC … very good traffic
Not sure what you mean by popular areas - I assume MV/Cupertino/LA? Like I mentioned before, those areas have cooled down with prices not going up or down but staying fairly flat, going through the normal seasonal slowdown. Santa Clara on the other hand has not seen any seasonal slowdown and open houses this weekend were extremely high traffic.
I would also attribute this to less buyers in the 2.5-3M range and a lot of buyers in the 1.5-2M range.
So there is a slowdown at the high end, but not th lower end?
There is a squeeze the high end is sluggish…The low end is anything under $1m…and there ain’t much…Such a squeeze that the high end can be $700/sf and a little shoreview 1000sf bungalow can be $1200/sf