Low mortgage rates fell still more this week – to the lowest level ever in four decades of tracking. Also, the number of pending home sales posted a rise for the month of July.A home for sale is posted at a reduced price in Palo Alto, California, in this June 24 file photo. Low mortgage rates fell still lower this week, and the number of pending home sales posted a rise for the month of July.Paul Sakuma/AP/File
Now, granted, this photo was from June 24 – which is like 2 years ago in Palo Alto/Silicon Valley time.
But seriously? Aren’t “Price Reduced” signs banned within the city limits of Palo Alto? Did this really ever exist?
OR is this the work on the clueless “Main Street Media” (MSM), based out of NY, that is intent on destroying the famed Real Bay Area?
You have this long weekend to figure it out.