June 21, 2013

On the market for 13 days… or since 2012

2166 UNIVERSITY Ave, East Palo Alto, CA 94303

20130618university

Whoa, this has been on the market for 13 days already? And it hasn’t been snapped up despite the prestigious University Avenue address? What’s going on???

Wait a minute! I’m getting that déjà vu feeling all over again. Where have I seen this before?

Are you ready for 2012 – you know, end of the world and all that?

2166 UNIVERSITY Ave
East Palo Alto, CA 94303

$650,000

2166ua

Huh. Go figure. 1 year, 1 month later, this house is once again on the market.

Ok, so we all survived the apocalypse and brain eating undead zombies. But, how do we know that it wasn’t a simple off-by-one error and that the world won’t end this year? I bet you could spray paint some silver paint onto that fence and make it look all metal-y. (Of course, someone by then steal your faux metal fence and be sorely disappointed at the scrapper…)

Are you concerned about the end of the world? Are you concerned about privacy? If so, why aren’t you concerned that you don’t own this house already?

Comments (5) -- Posted by: burbed @ 5:35 am

5 Responses to “On the market for 13 days… or since 2012”

  1. nomadic Says:

    I guess when you’ve owned the place forever and pay almost nothing in taxes, there’s no hurry to sell.

    I do wonder about this rash of listings that claim houses were “completely rebuilt” but they still look dated.

  2. Real Estater Says:

    As of this week I believe additional forces will further stimulate the local real estate market, at least in the short term. With interest rate heading up, buyers are time limited to either buy now or face higher mortgage payment later.

    In addition, stocks are likely to enter a period of correction. As investors pull money out of the stock market, additional money will be available to invest in real estate. In other words, many investors will decide that now is the time to cash out on stocks and put the money into real estate.

  3. nomadic Says:

    I’m shocked. Are you saying “buy now or be priced out forever?” ;-)

  4. Alex Says:

    This is it. I’m buying now. No more waiting around and taking it.

  5. very amused Says:

    I’m shocked. Are you saying “buy now or be priced out forever?”

    He never said that before. That tears it, I’m buying another 2 houses.


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