Ok readers, it’s that time of the year – what are your predictions for some of the star cities of the Real Bay Area?
For reference, here are the current stats for some selected ones:
Palo Alto 2009 Market Trends
Mountain View Market Trends
Sunnyvale Market Trends
Cupertino Market Trends
Atherton Market Trends
Ok, now these are just a few of Burbed’s favorite cities, but you can feel free to pick your own cities to make predictions foru.
Burbed is going to predict that… this time in 2010, both the list and sold price will be 10% higher than they are in these pictures.
2010 is going to be big. As we all know, real estate is on a 5 year cycle. The downturn started 5 years ago and so of course now is the time for it to soar. (BTW, this is actually a real quote I sort of heard. Really? The downturn started in 2004/2005? Hm.)
Also, it’s clear that the economy is roaring back to life. Look at the stock market. Cha-ching! Everyone has money to buy tons of houses. And where do you buy tons of houses? In the Bay Area – of course. It’s the best investment known to man… in history… ever!