Market

Salesforce pmyz88
Feb 9 17 Comments

Market seems to be slowing down quite a bit with a lot of reductions even in Palo Alto.

Looks like the impact of mortgage changes is starting to feel.

Do you guys think downturn finally has arrived?

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TOP 17 Comments
  • F5 Networks Op64em
    No. Just a reversion to nominal insanity from extreme insanity.
    Feb 91
  • Amazon Hoobastank
    Just when you start investing (or not) you'll realize you made a mistake and how the market is manipulated yet again so that rich can become richer.
    Sorry, was reading about some bitcoin bullshit. Ignore me.
    Feb 94
    • Amazon Sanchezos
      +1 for the username 😂
      Feb 9
    • Amazon Hoobastank
      Finally a fan! ❤️
      But it's time to change it again. I've been going with two months with it already 😢
      Feb 9
    • Amazon Sanchezos
      Well you’d be crawling in the dark looking for a new username 🙌
      Feb 9
    • Amazon Hoobastank
      You just made my day! If you weren't in USA, I'd buy you a lunch 😎
      Feb 9
  • Apple Dlmsq7
    I went to a couple of open houses in santa clara last weekend. It was more crowded than in september and october. The agent told me there were about 50 groups visited the house over the weekend. I think that prices will go up but at a lower rate.
    Feb 92
    • VMware BobbleHat
      Sorry the agent forgot to tell you, 49 of the groups were hired friends.
      Feb 9
    • F5 Networks Op64em
      Never, ever trust the agent. Any agent. Even your agent.
      Feb 9
  • Facebook public2
    Slower appreciation is not a downturn, unfortunately.
    Feb 90
  • New / Product
    cipher

    NewProduct

    PRE
    Splunk
    ciphermore
    Did you see how many places are pending on Redfin in Palo Alto? It’s a lagging signal of buyer demand given that prices are moderating. But things are still selling over asking.
    Feb 140
  • Salesforce pmyz88
    OP
    Actually lots of price reductions in Palo Alto .. so very unusual ..
    Feb 130
  • New / Product
    cipher

    NewProduct

    PRE
    Splunk
    ciphermore
    Markets back and it’s not looking good for buyers. If you can, snag a place, before the IPO money hits.
    Feb 120
  • Apple Dlmsq7
    Oh no I was hoping the opposite...
    Feb 100
  • New / R&Dzorkan
    I'm out of the loop, what were the changes?
    Feb 90

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