Comments on: Silicon Valley Unemployment may be high http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/ SF Bay Area Real Estate, Home Price and Mortgage Insanity Blog - Burbed.com Thu, 09 Sep 2010 08:36:09 -0700 hourly 1 http://wordpress.org/?v=3.0.1 By: Pralay http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53412 Pralay Tue, 24 Nov 2009 06:46:43 +0000 http://www.burbed.com/?p=4495#comment-53412 <i>he said he could go up to $1M before.</i> ----- What are you saying? You are underestimating him. He could go up to <a href="http://www.burbed.com/2009/07/31/more-affordable-housing-in-san-jose/#comment-49433" rel="nofollow">$1.5M</a>. He is ready to pay up to $700K downpayment. he said he could go up to $1M before.
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What are you saying? You are underestimating him. He could go up to $1.5M.

He is ready to pay up to $700K downpayment.

]]> By: Pralay http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53410 Pralay Tue, 24 Nov 2009 06:37:11 +0000 http://www.burbed.com/?p=4495#comment-53410 <i>With a “modest” down payment of $259k the place is yours! If it’s been on the market awhile he could probably get it for close to $1M – he said he could go up to $1M before.</i> ----- But again, there is "TOTALLY no inventory". Therefore this property at LG does not exist. When 1 or 2 (not more) properties show(s) up in market once in a blue moon - he <a href="http://www.burbed.com/2009/09/27/guide-to-neighborhoods-in-the-real-bay-area/#comment-51694" rel="nofollow">bids 5% below listed price</a> and loses (even though his "professional realtor" keeps telling him that next year price is going to be higher). - he <a href="http://www.burbed.com/2009/07/31/more-affordable-housing-in-san-jose/#comment-49433" rel="nofollow">bids 10% below listed price</a> and loses again (even though his "professional realtor" keeps telling him that demand in $1-1.5 range in good district is going to very high in future). - Next week he is going to bid 20% less than listed price (even though his "professional realtor" keeps telling him that there is TOTALLY no inventory and next year is going to tougher). With a “modest” down payment of $259k the place is yours! If it’s been on the market awhile he could probably get it for close to $1M – he said he could go up to $1M before.
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But again, there is “TOTALLY no inventory”. Therefore this property at LG does not exist. When 1 or 2 (not more) properties show(s) up in market once in a blue moon
- he bids 5% below listed price and loses (even though his “professional realtor” keeps telling him that next year price is going to be higher).
- he bids 10% below listed price and loses again (even though his “professional realtor” keeps telling him that demand in $1-1.5 range in good district is going to very high in future).
- Next week he is going to bid 20% less than listed price (even though his “professional realtor” keeps telling him that there is TOTALLY no inventory and next year is going to tougher).

]]> By: Herve Estater http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53406 Herve Estater Tue, 24 Nov 2009 06:02:31 +0000 http://www.burbed.com/?p=4495#comment-53406 <i>> He’s approved for an $800k loan.</i> You have to understand, I'm only an amateur here ;-) > He’s approved for an $800k loan.

You have to understand, I’m only an amateur here ;-)

]]> By: no estater http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53404 no estater Tue, 24 Nov 2009 05:53:46 +0000 http://www.burbed.com/?p=4495#comment-53404 He's approved for an $800k <i>loan</i>. With a "modest" down payment of $259k the place is yours! If it's been on the market awhile he could probably get it for close to $1M - he said he could go up to $1M before. He’s approved for an $800k loan. With a “modest” down payment of $259k the place is yours! If it’s been on the market awhile he could probably get it for close to $1M – he said he could go up to $1M before.

]]> By: Pralay http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53401 Pralay Tue, 24 Nov 2009 04:59:20 +0000 http://www.burbed.com/?p=4495#comment-53401 And don't forget <i>next year</i> is going to be tougher. Price will be higher. Don't get priced out forever. Hurry up! Buy! Predicted by <a href="http://www.burbed.com/2009/11/13/this-2-million-dollar-house-is-great-for-ants/#comment-53121" rel="nofollow">"professional realtor"</a>. Stay tuned for SV Shopper's next weekend update saying that <i>next year</i> is going to be real real real tough -- with negative inventory. And he is going to lose another bid (and RealEstater another too). And don’t forget next year is going to be tougher. Price will be higher. Don’t get priced out forever. Hurry up! Buy!

Predicted by “professional realtor”.

Stay tuned for SV Shopper’s next weekend update saying that next year is going to be real real real tough — with negative inventory. And he is going to lose another bid (and RealEstater another too).

]]> By: Pralay http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53400 Pralay Tue, 24 Nov 2009 04:45:08 +0000 http://www.burbed.com/?p=4495#comment-53400 But again, SiO2 effort is waste of time. Alias SV Shopper comes to Burbed every weekend and tells us that there is no inventory (and he just lost another bid). But again, SiO2 effort is waste of time. Alias SV Shopper comes to Burbed every weekend and tells us that there is no inventory (and he just lost another bid).

]]> By: Pralay http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53399 Pralay Tue, 24 Nov 2009 04:43:16 +0000 http://www.burbed.com/?p=4495#comment-53399 I don't see any problem. Home price always go up in RBA. Higher the price you pay, bigger the profit. I don’t see any problem. Home price always go up in RBA. Higher the price you pay, bigger the profit.

]]> By: Herve Estater http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53398 Herve Estater Tue, 24 Nov 2009 04:26:20 +0000 http://www.burbed.com/?p=4495#comment-53398 The guy is pre-approved for $800K and you're already pushing a $1,059,000 property... You would make a great realtor! :-) The guy is pre-approved for $800K and you’re already pushing a $1,059,000 property… You would make a great realtor! :-)

]]> By: SiO2 http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53397 SiO2 Tue, 24 Nov 2009 02:05:01 +0000 http://www.burbed.com/?p=4495#comment-53397 SV Shopper, check out 16627 Camellia Terrace in LG. $1.059 for 1800 sqft 3/2. That's a nice neighborhood with LG schools. Very convenient location too, walking distance to shopping. Probably you will know if you prefer LG or Cupertino schools. They are both well regarded, but they are certainly different. The other angle to check out is Mtn View with Los Altos school district. Cheaper than Los Altos but still nice. Probably more expensive than Cupertino or West San Jose however. SV Shopper, check out 16627 Camellia Terrace in LG. $1.059 for 1800 sqft 3/2. That’s a nice neighborhood with LG schools. Very convenient location too, walking distance to shopping.

Probably you will know if you prefer LG or Cupertino schools. They are both well regarded, but they are certainly different.

The other angle to check out is Mtn View with Los Altos school district. Cheaper than Los Altos but still nice. Probably more expensive than Cupertino or West San Jose however.

]]> By: Pralay http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53383 Pralay Mon, 23 Nov 2009 18:47:41 +0000 http://www.burbed.com/?p=4495#comment-53383 <i>You can help a lot by not helping.</i> ---- Don't be so heartless RealEstater. You are the role model of helping those who <a href="http://www.burbed.com/2008/06/26/rear-unit-not-included-in-sqft-campbell/#comment-20344" rel="nofollow">"need most help"</a>. You can help a lot by not helping.
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Don’t be so heartless RealEstater. You are the role model of helping those who “need most help”.

]]> By: Real Estater http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53373 Real Estater Mon, 23 Nov 2009 12:42:58 +0000 http://www.burbed.com/?p=4495#comment-53373 Pralay, You can help a lot by not helping. Pralay,

You can help a lot by not helping.

]]> By: Pralay http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53370 Pralay Mon, 23 Nov 2009 06:42:33 +0000 http://www.burbed.com/?p=4495#comment-53370 I am just trying to follow the footsteps of our <a href="http://www.burbed.com/2008/06/26/rear-unit-not-included-in-sqft-campbell/#comment-20344" rel="nofollow">GREAT HELPER</a>. . . . . With Bay Area spirit. I am just trying to follow the footsteps of our GREAT HELPER.
.
.
.
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With Bay Area spirit.

]]> By: Real Estater http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53369 Real Estater Mon, 23 Nov 2009 06:27:03 +0000 http://www.burbed.com/?p=4495#comment-53369 I don't know. I think you can use some help yourself, Pralay. I don’t know. I think you can use some help yourself, Pralay.

]]> By: Pralay http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53367 Pralay Mon, 23 Nov 2009 05:22:55 +0000 http://www.burbed.com/?p=4495#comment-53367 <i>Did SV Shopper offend your mother in any way?</i> ----- Definitely not. That's why I am trying to help him. :) Did SV Shopper offend your mother in any way?
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Definitely not. That’s why I am trying to help him. :)

]]> By: sv_newbie http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53365 sv_newbie Mon, 23 Nov 2009 03:31:51 +0000 http://www.burbed.com/?p=4495#comment-53365 sv shopper, do look around west san jose and campbell. there you can find really nice houses for $800k with great schools (api > 900) sv shopper, do look around west san jose and campbell.
there you can find really nice houses for $800k with great schools (api > 900)

]]> By: SiO2 http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53364 SiO2 Sun, 22 Nov 2009 19:23:08 +0000 http://www.burbed.com/?p=4495#comment-53364 sv shopper - the area I mentioned is los gatos schools. But, I dont think you could get a livable SFH for $1m there now. Maybe in the future, maybe not. for $1m you can get CUSD in sunnyvale, cupertino, or west san jose. West SJ is probably the cheapest of the three. sv shopper – the area I mentioned is los gatos schools. But, I dont think you could get a livable SFH for $1m there now. Maybe in the future, maybe not. for $1m you can get CUSD in sunnyvale, cupertino, or west san jose. West SJ is probably the cheapest of the three.

]]> By: Top Dog http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53361 Top Dog Sun, 22 Nov 2009 19:08:48 +0000 http://www.burbed.com/?p=4495#comment-53361 Pralay: Don't forget about me. I'm also "just like RealEstater", right? :-) Seriously, get a grip, man. Did SV Shopper offend your mother in any way? Pralay:

Don’t forget about me. I’m also “just like RealEstater”, right? :-)

Seriously, get a grip, man. Did SV Shopper offend your mother in any way?

]]> By: Herve Estater http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53354 Herve Estater Sun, 22 Nov 2009 05:22:25 +0000 http://www.burbed.com/?p=4495#comment-53354 <I>> Where’s the Bay Area holiday spirit?</I> It moved to Tennessee. > Where’s the Bay Area holiday spirit?

It moved to Tennessee.

]]> By: Pralay http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53353 Pralay Sun, 22 Nov 2009 03:01:22 +0000 http://www.burbed.com/?p=4495#comment-53353 <i>Poor SV Shopper, getting pounded by Pralay for wanting to buy house.</i> ----- I am just trying to help SV Shopper with some straight talk. I am here to help those who "need the most help" - <a href="http://www.burbed.com/2008/06/26/rear-unit-not-included-in-sqft-campbell/#comment-20344" rel="nofollow">just like RealEstater</a>. And I mean it. I am not pretentious - just like RealEstater. Poor SV Shopper, getting pounded by Pralay for wanting to buy house.
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I am just trying to help SV Shopper with some straight talk. I am here to help those who “need the most help” – just like RealEstater.

And I mean it. I am not pretentious – just like RealEstater.

]]> By: Pralay http://www.burbed.com/2009/11/20/silicon-valley-unemployment-may-be-high/#comment-53352 Pralay Sun, 22 Nov 2009 02:56:46 +0000 http://www.burbed.com/?p=4495#comment-53352 LOL! Now RealEstater is in the rescue mode of his own alias. What are the similarities between these two guys (or two aliases). 1. Both <a href="http://www.burbed.com/2009/07/24/san-jose-avoided-the-housing-bubble/#comment-49099" rel="nofollow">spell <i>humour</i></a>. 2. Both are losing bids <a href="http://www.burbed.com/2009/11/20/bank-owned-property-at-attractive-price/#comment-53268" rel="nofollow">left</a> and <a href="http://www.burbed.com/2009/09/27/guide-to-neighborhoods-in-the-real-bay-area/#comment-51694" rel="nofollow">right</a>. :) LOL! Now RealEstater is in the rescue mode of his own alias. What are the similarities between these two guys (or two aliases).

1. Both spell humour.

2. Both are losing bids left and right.

:)

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