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Old 03-03-2018, 01:39 PM   #40937
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So much for the Great Recession...

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The last home sale in the news a few weeks ago was about a guy paying about $800,000 over asking price. The guy had a few million in Apple stock so he didn't care, he just wanted to be close to work. It is crazy. How high can things go? I certainly couldn't afford my house now.
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Old 03-03-2018, 02:15 PM   #40938
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The last home sale in the news a few weeks ago was about a guy paying about $800,000 over asking price. The guy had a few million in Apple stock so he didn't care, he just wanted to be close to work. It is crazy. How high can things go? I certainly couldn't afford my house now.
Funny, when we sold our tiny 2 bed 1 bath house and moved out of the bay area, my wife said "maybe we'll move back when we retire and the kids are out of college".

I laughed at her face...
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Old 03-03-2018, 02:49 PM   #40939
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The last home sale in the news a few weeks ago was about a guy paying about $800,000 over asking price. The guy had a few million in Apple stock so he didn't care, he just wanted to be close to work. It is crazy. How high can things go? I certainly couldn't afford my house now.
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Old 03-03-2018, 04:21 PM   #40940
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Funny, when we sold our tiny 2 bed 1 bath house and moved out of the bay area, my wife said "maybe we'll move back when we retire and the kids are out of college".

I laughed at her face...
Nope, "you can't go back" ....... not to buy a house in the Bay area at least.....


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Old 03-03-2018, 04:25 PM   #40941
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The last home sale in the news a few weeks ago was about a guy paying about $800,000 over asking price. The guy had a few million in Apple stock so he didn't care, he just wanted to be close to work. It is crazy. How high can things go? I certainly couldn't afford my house now.
And here I am considering the possibility of buying a condo so I won't be throwing away money on renting an apartment..and yet I think a coworker just bought one for like 700 or 800k.. in San Jose.. because everywhere else is more expensive.. 800k for a condo?? lol.
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It sounds to me like the delicate, metallic sounds of piston skirts slapping against the cylinder walls
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Now, if it was three feet long and you were using all that leverage
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Old 03-03-2018, 04:30 PM   #40942
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800k for a condo?? lol.
In Venezuela it costs $700 bucks to buy a pack of condoms.
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Old 03-03-2018, 04:33 PM   #40943
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Ok, the top story in yesterday's paper here. A 848 sqft 1 car garage home in Sunnyvale just sold for $2,000,000 cash. Insane.
Yep, it all started when the railroad came to town ......


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Old 03-03-2018, 04:40 PM   #40944
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Ok, the top story in yesterday's paper here. A 848 sqft 1 car garage home in Sunnyvale just sold for $2,000,000 cash. Insane.
Well, you didn't mention the elegant landscaping and the fact that the two lawn chairs on the front patio were included .....


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Old 03-03-2018, 04:51 PM   #40945
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And here I am considering the possibility of buying a condo so I won't be throwing away money on renting an apartment..and yet I think a coworker just bought one for like 700 or 800k.. in San Jose.. because everywhere else is more expensive.. 800k for a condo?? lol.
Here is what a million will get you here. The price is actually dropping since they were asking way to much



https://www.point2homes.com/CA/Home-.../53098630.html
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Old 03-03-2018, 05:13 PM   #40946
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And here I am considering the possibility of buying a condo so I won't be throwing away money on renting an apartment..and yet I think a coworker just bought one for like 700 or 800k.. in San Jose.. because everywhere else is more expensive.. 800k for a condo?? lol.
Unfortunately, I suggest you go to any mortgage site and get a prequalification amount estimate, for a home loan. Then go on Zillow and plug in that amount to their search criteria and see what you can buy in the Bay Area.

It's really sad ..... for most folks. ......


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Old 03-03-2018, 05:14 PM   #40947
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And here I am considering the possibility of buying a condo so I won't be throwing away money on renting an apartment..and yet I think a coworker just bought one for like 700 or 800k.. in San Jose.. because everywhere else is more expensive.. 800k for a condo?? lol.
If you can do it, probably a good idea.
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Old 03-03-2018, 05:14 PM   #40948
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Unfortunately, I suggest you go to any mortgage site and get a prequalification amount estimate, for a home loan. Then go on Zillow and plug in that amount to their search criteria and see what you can buy in the Bay Area.

It's really sad ..... for most folks. ......


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Yeah, eventually. I'm probably still a year or two out from being able to. Thankfully, somewhat, my career means I can eventually afford it better than most. But still need to save for a while longer.
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It sounds to me like the delicate, metallic sounds of piston skirts slapping against the cylinder walls
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Now, if it was three feet long and you were using all that leverage
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Old 03-03-2018, 05:15 PM   #40949
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Here is what a million will get you here. ..........
Looks about like Seattle/King County prices .....


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Old 03-03-2018, 05:16 PM   #40950
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Well, you didn't mention the elegant landscaping and the fact that the two lawn chairs on the front patio were included .....


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Yep, that's the house. Like I said, crazy. And you are correct, you cash out and leave you can never come back.
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