Housing

House prices still not going down in Bay Area?

Apple bbavsgsh
Jan 6

Title says it all!

234 VOTESSELECT ONLY ONE ANSWER
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  • Amazon / Eng
    UTukMyJerb

    AmazonEng

    PRE
    Electronic Arts
    UTukMyJerbmore
    Sorry to disappoint but with all the unicorns IPO'ing next year all these new millionaires will keep the price up or stable for the coming few years.
    Jan 62
    • Oath / MgmtAtinlay
      Not if they’re getting taxed at 70%
      Jan 6
    • Facebook public2
      Atinlay, many years have you made over 10m?
      Jan 6
  • Oracle
    IRS

    Oracle

    PRE
    Google, Facebook, Instacart, Twitter, Uber, Air Asia, IBM, Cisco
    IRSmore
    Zestimates are going down for the last several month.
    Jan 60
  • Rates have gone up which has softened pricing of the market.
    Jan 61
    • Facebook public2
      And caused a buying rush
      Jan 6
  • Facebook public2
    They flattened in some area's, that's the best you can hope for in an area where demand wildly exceeds supply and there is no hope of additional supply until we start making islands in the bay.
    Jan 60
  • Last month, most houses in my South Bay neighborhood sold below listing, about 5-10%. Contrast to 6 months ago when houses sold above listing 5-10%. Not in a good school district though.
    Jan 60

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