Bay Area to have the best census takers in the world!
A wealth of qualified census-takers
by Chris Kenrick
Palo Alto Online StaffShare
The U.S. Census-taker who knocks on your door this spring just might have an M.B.A., or even a Ph.D.Silicon Valley’s high jobless rate has created a wealth of talent to staff the 2010 Census, which is now on final countdown to Census Day April 1.
By that date, every U.S. resident should have returned the 10-question form they’ll receive sometime in mid-March. If one hasn’t mailed back the form, one of those ultra-qualified census workers will be knocking on the door.
Jim Kamenelis, a longtime Silicon Valley IT director, is one of those with ample qualifications. An experienced IT manager who was looking for work after a failed startup, Kamenelis was hired by the Census Bureau in the summer of 2008 to help ramp-up to the big count. He expects his job to end this September, he said.
Kamenelis said he has tested about 15,000 local applicants for census jobs, which are on-again-off-again depending on tasks at hand. He has also managed a variety of preparations, such as updating addresses and maps, required for the upcoming count.
"There’s an incredible pool of capable people available right now," Kamenelis said.
"It’s amazing how many talented people we hire — we have lawyers, business executives, a lot of retired military, and one lady here is a Ph.D. in computer science.
"These are a lot of accomplished folks who, for whatever reason, are unemployed and this is the best thing available to them."
You heard it here first folks. Another reason why the Bay Area is special? Another reason why the next decade is going to rock for this fine valley?
We’ve got the best census takers and workers in the WORLD! Just think of all the innovation these PhD’s, JDs, MBAs, and military folks will be able to add to the census process. I bet all the other cities in America are just drooling with envy as to how lucky we have it.
Without a doubt, we are surely going to have the best counted census in the world right here in the Valley. Congrats!
March 28th, 2010 at 9:10 am
All those unemployed High School Graduates are going to be envious…
March 28th, 2010 at 12:24 pm
Now *that’s* inflationary.
March 28th, 2010 at 12:57 pm
SF Chronicle: Now is a good time to buy a house
Timing a home purchase to get the best price at the best rate is a bit of a gamble. While many analysts believe that now is a sensible time to engage in a real estate purchase, six months from now might be a better time. It’s like trying to pick when the stock market will turn: you can only make a well-educated guess and hope that your research pays off. What we do know is that the Federal tax credits will soon end, interest rates will rise and home prices may begin to climb. Now just may be a good time to get into a new home.
March 28th, 2010 at 1:14 pm
Right time to buy? ALWAYS
Great time to buy? ALWAYS
Perfect time to buy? ALWAYS
Fabulous time to buy? ALWAYS
March 28th, 2010 at 1:50 pm
>>Right time to buy? ALWAYS
This proves one thing: It’s not just me saying it. In the above case, it was the SF Chronicle article. In other cases, it may be Dave Ramsey or some other financial guru.
March 28th, 2010 at 2:01 pm
Do you really believe that Dave Ramsey is a “financial guru?”
March 28th, 2010 at 2:05 pm
>>Do you really believe that Dave Ramsey is a “financial guru?”
That’s for you to decide. I shared info from various sources that all basically say the same thing. If you want to challenge that, then please share your thought. Don’t be a Pralay, who only attacks without offering any counter-argument.
March 28th, 2010 at 2:07 pm
I never made any claim that Dave Ramsey was a “financial guru.” You made that claim.
Then when I ask for some sort of support for the claim, you suggest I need to prove he not a financial guru.
WoW!
March 28th, 2010 at 2:10 pm
SEA,
I don’t think that’s what we’re debating. Read #7 again.
March 28th, 2010 at 2:21 pm
Let me try again:
Do you really believe that Dave Ramsey is a “financial guru?”
I expect either yes or no, but maybe you can support that neither yes nor no is the best answer.
March 28th, 2010 at 2:22 pm
lol real estater is an idiot…
March 28th, 2010 at 2:23 pm
Great quote:
“What we do know is that the Federal tax credits will soon end, interest rates will rise and home prices may begin to climb. Now just may be a good time to get into a new home.”
What kind of utter moron believes that. Tax credits will be removed, interest rates will rise and that implies that home values will go up? Boy are you easily manipulated, real estater.
March 28th, 2010 at 2:36 pm
>>I expect either yes or no, but maybe you can support that neither yes nor no is the best answer.
I already told you the answer: you decide. It’s a matter of personal opinion, and not the point of the debate.
Ramsey is a single data point, whether he’s a guru or not. The topic of decision is whether or not it’s a good time to buy. The way you reach an educated answer is by looking at multiple data points, which is what I’ve shown you.
Why are you wasting time trying to figure out the status of Ramsey?
March 28th, 2010 at 2:40 pm
>>Tax credits will be removed
Save this link. You’ll be proven wrong in less than a week.
>>interest rates will rise and that implies that home values will go up?
It means (not just imply) you get a great deal, since your borrowing cost is at a historical low.
March 28th, 2010 at 2:41 pm
Clarification:
>>Tax credits will be removed
I’m assuming you’re saying Tax credits will continue?
March 28th, 2010 at 2:44 pm
“lol real estater is an idiot…”
I guess we are to guess whether he considers Dave Ramsey to be a financial guru. Given your basic claim, I am going to guess that Real Estater does believe that Dave Ramsey is a financial guru.
lol
March 28th, 2010 at 3:19 pm
This proves one thing: It’s not just me saying it. In the above case, it was the SF Chronicle article. In other cases, it may be Dave Ramsey or some other financial guru.
——
LOL! So if someone else is saying it IT MUST BE TRUE. Is that all you are trying to say, Faux Estater? Well, NAR is saying good time to buy all the time. See, it’s not just Faux Estater, but NAR is saying that it is right time to buy. GOT TE BE TRUE!
March 28th, 2010 at 3:25 pm
The way you reach an educated answer is by looking at multiple data points, which is what I’ve shown you.
—–
“Multiple data points”.
So let’s see what are those multiple data points.
Data point 1: Dave Ramsey said it’s great time to buy.
Data point 2: Faux Estater said it’s great time to buy (he even quoted Dave Ramsey to support his point).
That makes multiple data points.
March 28th, 2010 at 4:12 pm
Another self-contradiction. You mean, based on all the links you posted, there are only 2 data points? Math is hard, I suppose
?
March 28th, 2010 at 4:28 pm
Real Estater- I still find it amazing that we are supposed to guess what you think…
Math might be hard for you, at least that’s my guess.
March 28th, 2010 at 4:28 pm
You mean, based on all the links you posted, there are only 2 data points?
——-
One time you quoted Dave Ramsey. Rest are all your own right/great/perfect/awesome time to buy bullshits.
Yes, there are two data points.
March 28th, 2010 at 4:34 pm
Really? The SF Chronicle article is not a data point?
What’s 2+1?
Did you read the links you posted? You couldn’t find any more data points?
March 28th, 2010 at 4:44 pm
Pralay and SEA,
I take it your view is that now is a bad time to buy a house? What’s the basis for that argument (if you have one)?
March 28th, 2010 at 4:52 pm
Real Estater-
Could you point out where I suggested that now is a bad time to buy a house?
Maybe this is part of your guessing game?
March 28th, 2010 at 5:13 pm
SEA,
If that’s not your point, then you agree it’s a good time to buy a house?
To take the guessing game out of the equation, will you clarify?
March 28th, 2010 at 5:35 pm
“To take the guessing game out of the equation, will you clarify?”
This is exactly what I asked of you! When I asked for your opinion of Dave Ramsey, you replied, “That’s for you to decide.”
A guessing game.
My guess is in #16.
For the record, I doubt you can show where I suggested it was a good time to buy.
Have a nice day.
March 28th, 2010 at 5:47 pm
SEA,
So far, you’ve only created confusion (mostly for yourself), and supplied no answer. Probably just Pralay under a different alias.
March 28th, 2010 at 6:18 pm
>I take it your view is that now is a bad time to buy a house? What’s the basis for that argument (if you have one)?
yet you haven’t bought anything in the last 2 years.
i guess it’s only a great time to buy for everyone else.
March 28th, 2010 at 6:54 pm
I realize that arguing logically with RE is the equivalent of pissing into a gale force wind, but, for the love of all that’s decent in the world, how can someone not understand that rising interest rates and a removal of tax credits will lower prices? And yes, RE, rates are low, but a lot of good that will do you if you decide you need to sell in the future, when rates are, say, 7-8% and the nominal price of your house has declined.
March 28th, 2010 at 7:42 pm
“how can someone not understand that rising interest rates and a removal of tax credits will lower prices? And yes, RE, rates are low, but a lot of good that will do you if you decide you need to sell in the future, when rates are, say, 7-8% and the nominal price of your house has declined.”
I am always amazed this simple concept escapes so many people. The only thing buying when rates are low assures is that you will quickly be underwater and stuck in your home if rates rise. Fence sitters should hope rates rise, at least some amount. As it stands now, they are at historical lows and can only go up.
March 28th, 2010 at 7:47 pm
>>yet you haven’t bought anything in the last 2 years.
Old topic. Discussed a million times already. Use Google.
March 28th, 2010 at 7:51 pm
Lionel, McFly,
Reading too much patrick.net lately?
Interest rate will impact prices if it goes above 8%. Very unlikely that’s going to happen. Fed would’ve stepped in long before that.
March 28th, 2010 at 8:06 pm
So a mere 5% to 6% jump won’t make a difference?
That’ll knock approximately 50k off a 750k house. That’s a lot of plasmas. It is even more money if you were to invest the 50k savings. In 20 years at 7%, that 50k is worth almost 200k. If you manage to get 10%, you’re getting close to 400k.
March 28th, 2010 at 8:50 pm
What you’re saying is pure conjecture. I’d rather take a good deal that’s right in front of me today than a deal that may or may not materialize in the future.
To answer your question, the consensus I’ve read is that 5 to 6% won’t make a difference.
March 28th, 2010 at 9:07 pm
It is not conjecture, it is simple math, which I know makes smoke come out your ears.
When rates rise, people can afford less house. Even you know this.
March 28th, 2010 at 9:51 pm
#31 – not an old topic. You’ve given myriad excuses for not buying while telling everyone else it’s a GREAT time to buy.
Hypocrite.
March 28th, 2010 at 10:16 pm
McFly,
It’s simple math to the simple minded. A market like the Bay Area can easily absorb a 1% difference. You may be priced out, but a lot of people aren’t. As of now, overbidding is still common. At the end of the day, even if price adjusts, your payment will not not be lower when interest rate goes up.
March 28th, 2010 at 10:31 pm
nomadic,
You are getting mixed up. As I’ve said repeatedly, buying an investment property is a different ball game than buying a primary residence. I have little time pressure, as it does not affect my personal living situation. For the majority of renters here, now is indeed a good time to buy a home.
March 29th, 2010 at 7:32 am
“It’s simple math to the simple minded. A market like the Bay Area can easily absorb a 1% difference.”
A jump from 5 – 6% reduces your purchasing power by 16%, meaning your monthly payment would rise accordingly, thus reducing price. Not complicated.
March 29th, 2010 at 8:10 am
RE is right, I’m afraid. Fewer people will sell. Buyers will adapt to paying more, and some will be priced out.
March 29th, 2010 at 10:43 am
Now that liar loans are gone, and Alt-A, how can people adjust to higher house prices, other than not eating? Higher interest rates will bring buying prices down. it works that way with property taxes in other states; you can buy houses in parts of NJ for cheap, but then the property taxes are horrendous.
March 29th, 2010 at 10:56 am
You are mistaken Tuno, people in the “Real Bay Area” never used liar loans, Alt-A, or Option ARMS. In fact, most have never heard of those terms. Only in people in areas like East Palo Alto used those. Thus, they have no impact in the “RBA.” It’s up, up, and away. Buy now or be priced out forever. Ask our expert.
March 29th, 2010 at 11:29 am
When interest rates went down, did buyers pay any less?
March 29th, 2010 at 11:33 am
Faux Estater,
you’re so damn dense, it’s impossible to reason with you.
I should rename you the Village Ijeeeot.
March 29th, 2010 at 11:45 am
“When interest rates went down, did buyers pay any less?”
Of course not, because bay area buyers are so flush with cash they used the savings to pay down their mortgage. That’s of course why the “under-water” phenomenon that we hear about doesn’t exist here. After all, it’s special. Prices can’t go down and being under-water is an impossibility.
March 29th, 2010 at 12:18 pm
“Prices can’t go down and being under-water is an impossibility.”
–>The right buyer has not seen the place yet… It’s just a matter of finding the right buyer.
Just wait more time.
No need to worry.
Just keep paying those mortgage payments, taxes, etc.
March 29th, 2010 at 3:49 pm
Well, I have no problem saying it:
Now is a BAD time to buy a house.
March 29th, 2010 at 3:55 pm
As I’ve said repeatedly, buying an investment property is a different ball game than buying a primary residence. I have little time pressure, as it does not affect my personal living situation.
—-
Translation:
I never invested in real estate and don’t intend to do so. I made that casual remark about buying investment property two years back just to create an aura of successful investor who knows how the real market works. I even made up my “investment model” (as I don’t have any real estate investment, I have to lie about my “model I follow” anyway). You know when you create an aura of success around your head, people listen even if you speak bullshit (and I speak bullshit all the time anyway). I want people listen to me. I even called myself savior of economy who is going to “save the eoconomy by buying houses”.
But, but, but I never imagined that these amateurs, especially Pralay from a third world county and Nomadick, are going to follow up in regular basis. These guys are so annoying. Whenever these guys brought this topic, I used to give some excuses for not buying. For example:
- Waiting for govt to list jumbo loan ceiling
- Holiday season
- Waiting for dust to settle.
I know these excuses sound ridiculous, but what else can I do when these annoying guys annoy me repetitively?
But I am learning and getting smarter. Nowadays when they bring this topic, I no longer give those ridiculous holiday reason kind of excuses. No more specificity like “looking to acquire another RBA property by year end“. Instead I remain as vague as possible – like “within the next couple of years”. In addition, I am going to tell that I don’t have time pressure and that’s why I am taking it slowly. Hopefully “within the next couple of years” Pralay will get laid off ( and my wish will become true) and will go back to his third world country. And Nomadick, probably he will get bored of Burbed and will no longer post. Once they stop posting and stop annoying me within couple of years, I may not own any investment properties in RBA (those were lies anyway), but I will be the King of Burbedland. And my message will be “RIGHT TIME TO BUY”.
March 29th, 2010 at 3:58 pm
Some great flaws in that SF article.
One is the suggestion that we are at the peak of inventory for sale, and this has prices at their bottom (supply and demand!).
Well, we’re not at the peak of inventory. In fact, in all of the high-end East Bay cities that I follow religiously, we have some of the lowest inventory on record. Some are at mere 10 year lows in inventory.
This means that extremely tight supply is in fact driving prices up. But up to what? Or should I say up from what? The answer is: from much lower prices. Because prices have been stagnant-to-mildly-declining for about 18 months in the very best neighborhoods. With some occasional scary foreclosures and short sales at very low prices. The debt-holders around these tragedies like to think those prices are special and not comps for their home. Depends on the condition…but the location is the same, and we know about location, right?
So this tight supply, along with the trivial $8k tax credit (who cares about that $8k on a $500k or $1.5M home?), and low interest rates is just BARELY keeping selling prices near recent highs. In the very best neighborhoods whose public schools haven’t yet failed (though they are in the process – trust me, I attend School Board meetings and have seen the 2010 budget numbers).
Good luck on keeping the supply tight.
March 29th, 2010 at 4:06 pm
Oh, and the other important part of the equation: demand.
Now people still want to live in the nicest houses in the best neighborhoods. But does 12% unemployment and stagnant wages and a crushing economic background mean people can afford as much as in 2007? What about the stricter lending requirements? Don’t wait, I’ll answer for you: yes, demand is down a lot from the peak. Forecast: stagnant employment and wages will keep demand near current levels.
Now there are still some rich folks who believe in 10%/yr appreciating RBA property forever, and a few sales go through. But is the supply of these rich folks going up or down? Answer: down. Forecast: less.
March 29th, 2010 at 4:17 pm
Now there are still some rich folks who believe in 10%/yr appreciating RBA property forever, and a few sales go through.
—–
But our “helper” said that unemployment among affluent is only 3%. I know you would say that it probably increased from 0% or less than 1%, but it means that 97% affluent people are stll employed. They will continue to buy RBA properties.
March 29th, 2010 at 5:19 pm
#51: Yes. Sales close (most) days somewhere in RBA-land. But relative demand is going down, not up, in this economy. It’s not going to zero anytime soon. I mean, I think those rich folks ought to smarten up and not waste their money and over-priced boring ass small SFH, but there’s plenty of stupid people I can’t convince.
March 29th, 2010 at 6:02 pm
#48. epic post.
March 29th, 2010 at 6:40 pm
Alright. Which numbnut is going by “Faux Estater?” You’re screwing up my moniker for Real Estater, the Village Ijeeeeot.
March 29th, 2010 at 6:55 pm
Don’t you recognize Pralay, Alex?
aka Nomadick
March 29th, 2010 at 9:27 pm
FauxEstater is actually Pralay? Now you’re going to tell me burbed is the Easter Bunny. No wonder you’re such a Nomadick. Or NoEstater. Or something.
As to the 3% unemployment among the affluent, that’s just crap. Us truly affluent live off our dividends and rental income. Meanwhile you “little people” (you know, wage-slaves like RE) go to work because they didn’t have the forethought to choose their parents better.
March 29th, 2010 at 9:59 pm
au contraire, MadEstataire… RE works for pay stubs (not sure why they’re so damn valuable) and frequent flyer miles! lol
aka No Estater
March 29th, 2010 at 10:05 pm
Paystubs and airline miles? How déclassé!
Besides, why would I work when I can collect welfare^H^H^H^H^H^H^Htax credits and Senators?
March 29th, 2010 at 10:12 pm
I recognized Faux Estater as being Pralay by the writing style.
But why be such a frigging numbnut, Pralay? You’re screwing up my moniker for Real Exc-ret-er (stop censoring me, burbed, you communist!).
March 29th, 2010 at 10:13 pm
Because you forgot to patent it.
March 29th, 2010 at 10:15 pm
Stop your whining, Alex, or all the redheaded chicks will add you to their list of “turn-offs.”
March 29th, 2010 at 10:22 pm
RE works for pay stubs (not sure why they’re so damn valuable) and frequent flyer miles! lol
—–
Well, as he said, he needs paystubs to buy real estate. And you guys know well how many real estates he buys every day. Hint: he buys real estates like grocery.
And frequent flyer miles? He uses those miles for vacation for “at least twice a year”. Do you guys remember when Faux Estater went to vacation last time? Well, Burbedland is his favorite vacation destination nowadays and he is vacationing everyday – not just twice a year.
March 29th, 2010 at 10:23 pm
How come the “gorgeous redhead” site is full of blondes? Couldn’t they find any (gorgeous redheads)?
… or maybe the blondes were too dumb to realize they had the wrong site.
March 29th, 2010 at 10:24 pm
Pralay, aren’t those “international” or “foreign” vacations to aid in making sure his kids are well-rounded?
March 29th, 2010 at 11:11 pm
Well, just being well rounded is piece of cake. His kids are being trained for other things too.
Leadership Skill: Pretending to be a helper in Burbedland and being ridiculed for that.
Widely Traveled: Spending weekend in Burbedland while kids play video game and watch TV all day.
Well Rounded: What do you expect when kids play video game and watch TV all day? They become well rounded due to lack of physical activity.
March 29th, 2010 at 11:39 pm
Amazing. I can’t believe you guys spent the whole evening talking about me. I’m not sure why people take real estate so personally. People actually get upset over the fact that I haven’t found my investment property. Does this even make sense? After all, it’s my own business. Look at all the personal attacks coming from Pralay. What’s he fuming about? So what if we have a different opinion about real estate? Is this cause for attacking someone? I’d say if he uses the time spent on writing up these attacks on something more productive, he might even be able to afford a mortgage.
March 29th, 2010 at 11:41 pm
A. Lewis says,
>>Well, I have no problem saying it:
>>Now is a BAD time to buy a house.
But you gave no reason.
March 29th, 2010 at 11:49 pm
I’ll be taking a vacation shortly, to coincide with Palo Alto School District’s Spring Break.
March 29th, 2010 at 11:51 pm
We’ll be sure to talk about you while you’re gone. We know it pleases you.
March 29th, 2010 at 11:51 pm
A. Lewis says,
>>Well, I have no problem saying it:
>>Now is a BAD time to buy a house.
But you gave no reason.
He gave reasons. Your reading comprehension sucks.
March 29th, 2010 at 11:53 pm
Great! As for me, I’m planning to have a Raclette shortly, followed by a trip to Carmel, to coincide with Santa Clara’s weather patterns.
March 29th, 2010 at 11:59 pm
Alex,
Forget about his reasons. What is your reason?
March 30th, 2010 at 12:28 am
My reason:
housing is still overpriced
the mortgage crisis isn’t over. Lots of pending foreclosures once the shadow inventory is released. Unemployment is high. Cheaper to rent.
I’ll buy in a few years once either prices fall or get eroded by inflation. In the meantime, I’ll spend my money on drugs and hookers. Eliot Spitzer is my hero.
March 30th, 2010 at 8:26 am
Overpriced is a relative term. Another way to say it is you are priced out. Thing could be different if you work for at Apple.
March 30th, 2010 at 8:29 am
Madhaus,
Welcome back. Remember your projections from a couple of years ago? The last I checked your “shack” in 94087 is still worth a million dollars. No downturn here.
March 30th, 2010 at 9:10 am
Rel Estater- Simply put, “Overpriced” is when the price is higher than one is willing to pay.
Even the lowest priced home can be overpriced, notwithstanding if I have plenty of cash to buy it.
March 30th, 2010 at 9:21 am
“Rel Estater- Simply put, “Overpriced” is when the price is higher than one is willing to pay.”
Overpriced is when something is priced higher than a comparable substitute (ie. renting or buying the next town over) or higher than its underlying fundamentals suggest it should be (namely, comparable rents and area income levels).
March 30th, 2010 at 9:34 am
R-
Are we not saying essentially the same thing? You are using a substitute as an example, but ultimately you are not willing, even if able, to pay the price.
March 30th, 2010 at 10:01 am
SEA & R: Maybe you’re talking about the difference between one person feeling something is overpriced vs. an objective measure of overprice-edness.
I think an economist would say overpriced goods don’t sell. And the free market will get that signal and lower the price.
2008 was maybe the worst time to buy, and the best time to sell. March 2010 is not quite at the bottom of the worst prices. But consider this: some of the worst buying decisions in 06-08 have been rewarded with modifications or even principal writedowns. This moral hazard is terrible, but does encourage people to overpay – b/c there is a small chance you’ll be bailed out by your lender/the American taxpayer. The odds aren’t very good though. The vast majority of those bad decisions are not getting a mod, and are either foreclosed, going to foreclose, and just going to live underwater for 20 years, and have to accept they overpaid and wasted tons of their family’s money.
It could be worse to buy now because there’s no chance you’ll get bailed out if the market really collapses a 2nd time.
If you can get the house for around the 2000 price, that might be OK. Otherwise – keep waiting!
March 30th, 2010 at 10:48 am
A. Lewis- If no one is willing to pay (as described in my definition), then the item will not sell.
Of course we can be specific with items and individuals. If you are willing to pay more for a specific item, then you are more likely to buy the item, as you exceeded what others are willing to pay. Of course you must be both willing and able, and the seller must agree, and so on and so forth. All this said, if the item sells, it’s not overpriced.
March 30th, 2010 at 3:34 pm
The last I checked your “shack” in 94087 is still worth a million dollars. No downturn here.
—-
I thought you said there was a downturn and then it recovered. Yes, 973 Harney Way is still million dollar, except that it is not selling in million dollar. It’s like Japan. There was a time in Japan when every homeowner was millionaire. There was only one problem – a homeowner couldn’t sell, because there wasn’t any buyer.
March 30th, 2010 at 3:36 pm
Maybe that was an offer to buy madhaus’ shack for $1M?
March 30th, 2010 at 5:02 pm
If a home won’t sell in a reasonable time for $1M, then it’s not a $1M home.
Otherwise my car is worth $1M, but it might take a million years to sell it.
March 30th, 2010 at 9:17 pm
$1M home is not a rarity in 94087. These sales closed last month:
1473 Knowlton Dr, $1,084,000
1498 Valcartier St, $1,090,000
918 Azure Ave, $1,200,000
1325 Los Arboles Ave, $$1,450,000
April 1st, 2010 at 10:20 am
They may have the same school district as my shack, but not one is a comp. And a real estate professional such as yourself would know the dangers of meaningless anecdotal data.
Knowlton is a B&K; they command a premium of about 15%. The others aren’t Homestead High, so there’s no point discussing them. Homestead is Special and Fremont is not.
Hmmm… Is Valcartier the TWO MILLION DOLLAR house? That would be a good illustration of supply and no demand.
April 1st, 2010 at 10:35 am
Alas, it’s a tale of two Valcartiers; dreams of selling your $2M house have been abandoned for the time being:
http://www.burbed.com/2008/12/05/the-bottom-has-been-reached-in-redwood-city-1923-middlefield-rd/#comment-33664
http://www.redfin.com/CA/Sunnyvale/1474-VALCARTIER-St-94087/home/1154825
April 1st, 2010 at 10:38 am
“$1M home is not a rarity in 94087. These sales closed last month: [exactly 4 sales listed]”
What was the quantity (count) of sales under $1M?
April 1st, 2010 at 10:46 am
There appears to be 5 over $1M and 14 sales under $1M – SFH only.
April 2nd, 2010 at 12:05 am
Weren’t we just talking about how a two million dollar house isn’t a two million dollar house if…. NOBODY EVER OFFERS $2 MILLION FOR IT?
House was taken off the market a year ago (April ’09).
Wow, that thread was a trip down memory lane. Not only did it have my snarky notes on my touring the place, but it also featured the burbed thanksgiving dinner!
Wow, I just amaze myself.