October 27, 2007

“real estate prices in bay area” and why Antioch is messing them up

The other day, someone found this site by searching for “real estate prices in bay area”.

They were probably confused: “why is it that all of my neighbor’s houses in Los Altos doubled in price last month, yet I keep hearing the Main Street Media (MSM) say that the bubble is popping in the Bay Area? Facebook is valued at $15 billion – this doesn’t make any sense.”

Well Internet User, the reason is because of places like Antioch – just look at this picture:

<shivers>

See, Antioch used to be part of the Bay Area – but it’s not anymore. Problem Solved.

Comments (4) -- Posted by: burbed @ 9:16 am

4 Responses to ““real estate prices in bay area” and why Antioch is messing them up”

  1. Pralay Says:

    > ““why is it that all of my neighbor’s houses in Los Altos doubled in price last month,….”

    How does he/she knows it is “doubled”? Someone bought a house in August in X and sold in September in 2X?

  2. sonarrat Says:

    Well, this was allegedly taken in Santa Clara: http://tinypic.com/view.php?pic=25kj4h2&s=2

  3. Pralay Says:

    Those sign pollutions are pretty common everywhere in bay area now. Just drive anywhere in bay area on Sunday morning, you will notice that sidewalk in every intersection is clogged with “open home” signs. Sometimes they are so many that they become hazard for blind and disabled people.

  4. Kevin Says:

    San Jose in particular has gotten pretty bad as of late. Some friends of ours live in a nice little residential neighborhood (not a traditional subdivision — the houses actually look different), and at least 20% of the houses are on the market. Many of them have tall weeds and over grown bushes out front, so they’ve probably been empty for months.

    I see similar things in Milpitas.


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