Right. Because the guy that delivers your mail (not that you know his name) should either move his family into an efficiency in a tenement or move out of California, entirely.

Well, he could also maybe just sit it out in a tiny place for a bit while the idiots who bought in 2005-2006 and the realtors who rode the wave go bankrupt, then walk in and buy (or rent) from the people that pick up the pieces.

I mean, either way would probably work. My guess your preference is the former.

Data does not lie. RealEstater does.

And why don’t you look at those data and tell me if they are better than 2007 or not? I already saw them.

>>The change is nothing but seasonal.

(Jeez…is the poet taking note?)

>>The real facts are in the data/statistics (not in Realtor’s description).

No more excuses. The site has every kind of data for every county, with links neatly organized and graphs plotted! The analysis is based on the data given.

Well, if you remove all the interesting phrases used (like “dramatic improvements”, “improved significantly”) , it does not tell much. After all, this description is coming from a Realtor who would like to tell us homes are “flying through windows”.

The real facts are in the data/statistics (not in Realtor’s description). The change is nothing but seasonal. And it is worse than 2007 year to year data.

http://www.creeksiderealty.com/bay_area_real_estate/2008/summary/4apr.htm

Here are some notable quotes:

>>SCC (Santa Clara County) & SMC (San Mateo County) are both off their record highs but have rebound the past two months. SCC & SMC are back to their March 2007 price levels.

>>The expensive communities (Palo Altos, Los Altos, Mt View, Sunnyvale, Cupertino, Saratoga, Los Gatos and Almaden Valley) are doing well and are at or near their record high prices
(Note: We’re talking about “Real Bay Area” here)

>>Although the volume of SFR transactions improved significantly since mid-January, with SCC improving from 50% to 65% of the normal volume. Despite this significant improvement, only 2001 had fewer transactions initiated. Because of the length of escrows, the volume of closings in March still set new record lows.
(Now we know why sales appears to be down)

>>The demand for housing close to the SMC/SCC border remains strong causing that area to appreciate. The San Mateo – Santa Clara County border tends to lead local real estate market trends.

>>There has been pretty dramatic improvements (reductions) in DUI (days of unsold inventory). Many SCC market areas have seen DUI cut in half.

>>The Mt View, Los Altos and Palo Alto area has only 60 DUI. Los Gatos and Saratoga with 128 DUI. We would consider both of these regions to be a Seller’s market.

>>The hottest price range remains between $1.000,000 and $2,500,000 with only 118 DUI.

IS THERE ANY DOUBT THE REAL BAY AREA MARKET IS EXTREMELY HEALTHY?

If anyone has content they think I should feature, please feel free to let me know!

Come on “me”! Asking me is justified, but you are asking a guy like RealEstater, who was FEATURED many times in Bribed.com, to find better place! Fortunately this topic is not HIS feature. Otherwise you would have to “go elsewhere”.

————
I live 30 min from SF and my rent in a great condo with pool, jacuzzi, etc. hasn’t changed in 30 months.
————

That’s called “out of whack”. Wait for “the rug be pulled under you”.

I live 30 min from SF and my rent in a great condo with pool, jacuzzi, etc. hasn’t changed in 30 months.

And did I tell you that home ownership can kill you too?

http://www.theindychannel.com/news/14357407/detail.html
http://ezinearticles.com/?Are-You-Committing-Foreclosure-Suicide?&id=996450

OMG, I thought it would be harmless! Just get a NINJA loan FOR FEW YEARS. As “Home Price Always Goes Up”, you can always refinance. Pretty soon you will be wealthy.

Be a macho like Marlboro Man and enjoy “Pride Of Homeownership”.

Your adaptation of the Middle Path and the later tale were both excellent.

Please keep the feed flowing. After all, everything about real estate in the Bay Area seems to be about myths anyway.

Exactly.

- Home ownership in an inflated price seems to be the only way out and “harmless”. But it’s more of a liability in this current housing market condition.

- Don’t be a victim of Tobacco industry. Don’t be a victim of NAR/real estate industry. They are same.

Another NAR propaganda. There is only one salesman in this room who tries to sound too serious and pretends to know everything. And trashes others as “amateur types”.

RE, try to be more creative.

I see you have insufficiently meditated on the koans assigned, and have instead created some false ones that lead to additional suffering. Here are some correct koans to help return you to the 160-fold path.

– In order to practice Zen Realty, you must purchase the house, not purchase the house, and neither purchase nor not purchase the house.

– A monk asked Tozan, “How can we escape the cold and heat?” Tozan replied, “Why not go where there is no cold and heat?” “Is there such a place?” the monk asked. Tozan commented, “When cold, live thoroughly cold in winter; when hot, water your own lawn.

– A monk asked Kegon, “How does an enlightened one return to the ordinary world?” Kegon replied, “A broken mirror never reflects again; fallen flowers never go back to the old branches, and an interest-only ARM will reset in three years.”

– One day Banzan was walking through a market. He overheard a customer say to the real estate broker, “Sell me the best house you have.” “Everything in the MLS is the best,” replied the broker. “You can not find any place that is not the best.” At these words, Banzan was enlightened.

– One day as Manjusri stood outside homeownership, the Buddha called to him, “Manjusri, Manjusri, why do you not enter into a contract? You will remain priced out forever.” Manjusri replied, “I do not see myself as outside. Why enter?”

Sekiso lived and taught in South Sunnyvale, and Kankei lived and taught on Northern Palo Alto. One day, a monk came from 94301 to 94087 in search of teaching. Sekiso said to him, “My Southern Monastery is no better than the Monastery in the North.” The monk did not know what reply to make. When he returned to Kankei and told him the story, Kankei said, “You should have told him that I am ready to enter Nirvana any day.”