This house in my neighborhood sold for 700K+ more than what the sellers originally bought less than 3 years ago! Thoughts? Overpriced or justified? https://www.redfin.com/CA/Fremont/33482-Bronco-Loop-94555/home/95474190?utm_source=ios_share&utm_medium=share&utm_nooverride=1&utm_content=link
Welcome to bay are real estate
Is it in the same school district as Mission San Jose HS?
1.Too many it folks who dunno better way to put money in a good use. Wasteful demand == crazy supply 2. Ca government keeps ruining the state with building and land restrictions. Look around, massive mess in LA, SF, here, everywhere they govern.
There is a reason they do that. Otherwise you will build up whole California in 10 years. Not what they want
Because reasons. Better make people pay or leave on the streets. Typical progressive do-good-ers
My friend in Marin bought a house in 2001 for 800k. Sold two weeks ago for over 2.1 mil
Holy crap houses in marin were 800k in 2001...!?
Yup, housing prices in certain areas like Fremont and San Jose have exploded in the past 3 years due to FB/G expanding their offices in those areas.
Watch “The Big Short” and short the property market.
Damn, this is just a 5400 sqft lot ! Is the supply too less - why would a seller pay such high premium ? To compare, For this price (or even much lesser) I can get a 20000-30000+++ sqft grand house with pool in Short Hills, which is 30-40 mins train ride from NYC. One of the best school districts, and was I believe recently the 6th most expensive real estate area in the country
“Too less”? 🤦🏼♂️
FON BOZO<GO>
I am so tired of this Bay Area real estate bullshit.
East bay is still affordable. The next place to get gentrified (although Fremont, dublin, pleasanton, newark, uc, berkeley, and alameda has already begun to exclude people and is 1m+)
10 minute commute to FaceBook
Wow !!