Comments on: Where Americans Pay Most To Live – San Jose! San Francisco!

By: Pralay

Pralay — Fri, 13 Nov 2009 00:20:37 +0000

More proof of what said in #21. McDonald's: 1,000 new restaurants in 2010 Restaurant business is indeed booming. Just think about the guy who is taking your order in drive-thru. He is going to be millionaire soon and will be buying properties in RBA. Those who are eating out of same bowls as Indians will be losers.

By: Pralay

Pralay — Thu, 12 Nov 2009 00:44:51 +0000

Tons of sales in Sunnyvale last month as well. People are paying full price on the average. The recovery is well under way.
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On the top of the list (#1): 294 Hiddenlake Dr. 2004 sale price $542K. Current sale price $250K. Ouch!
Bottom of the list (#68): 1383 Devona Te. Initial listed price $1498K. Sale price $1250K.

Yes, there are signs of recovery – from top to bottom. If this goes on like this, 973 Harney Way at Sunnyvale “fully recovered” neighborhood is going to be sold pretty soon – over asking price.

By: Pralay

Pralay — Thu, 12 Nov 2009 00:12:19 +0000

Overbidding is still common in Palo Alto. ----- Aha, overbidding in PA is in RealEstater's radar again. November 1, 2008 was the last time when PA was detected in his radar. And this year on Nov 10th. Keep the radar running, RealEstater. You will definitely catch it again in 2010 November.

By: Real Estater

Real Estater — Wed, 11 Nov 2009 07:24:46 +0000

Tons of sales in Sunnyvale last month as well. People are paying full price on the average. The recovery is well under way.

By: Real Estater

Real Estater — Wed, 11 Nov 2009 07:21:50 +0000

Overbidding is still common in Palo Alto. Look at all the closed sales. Plenty of people are buying and getting financing.

By: R

Wed, 11 Nov 2009 07:04:39 +0000

“As we speak, there are plenty of jobs going unfilled. If you are eating out of the same bowl as Indians, then you will not have anything to eat. It’s all about your skill set.”

Given that the local unemployment rate is above the national average, apparently the bay area isn’t that special after all then.

I’m sure the new round of layoffs at EA (all deadwood without appropriate skill sets of course) will clear the local real estate market for take-off.

By: Pralay

Pralay — Wed, 11 Nov 2009 04:21:30 +0000

Plenty of job unfilled. For example, 680 position unfilled in resort business. 1500 unfilled positions in restaurant business. After all, resort and restaurant businesses are doing quite good. Those who are eating out of the same bowl as Indians will suffer badly. They deserve it.

By: Top Dog

Top Dog — Wed, 11 Nov 2009 03:57:10 +0000

As we speak, there are plenty of jobs going unfilled. If you are eating out of the same bowl as Indians, then you will not have anything to eat. It’s all about your skill set.

By: Pralay

Pralay — Wed, 11 Nov 2009 01:29:02 +0000

The economy is raging right now. ----- And unemployment is "on the way down, not up".

By: Pralay

Pralay — Wed, 11 Nov 2009 00:16:13 +0000

#22 – too bad the pwners paid $2k more than their listing price 3.5 years ago.
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Must be generous person who is trying to help a move-up buyer. He just didn’t want to wait seven more years to see his home value doubled. Instead he is giving away this property in $2K discount. Talk about generosity.