Housing

Market

Salesforce pmyz88
7d

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?

comments

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  • F5 Networks Op64em
    No. Just a reversion to nominal insanity from extreme insanity.
    7d1
  • 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.
    7d4
    • Amazon Sanchezos
      +1 for the username 😂
      7d
    • Amazon Hoobastank
      Finally a fan! ❤️
      But it's time to change it again. I've been going with two months with it already 😢
      7d
    • Amazon Sanchezos
      Well you’d be crawling in the dark looking for a new username 🙌
      7d
    • Amazon Hoobastank
      You just made my day! If you weren't in USA, I'd buy you a lunch 😎
      7d
  • 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.
    7d2
    • VMware BobbleHat
      Sorry the agent forgot to tell you, 49 of the groups were hired friends.
      7d
    • F5 Networks Op64em
      Never, ever trust the agent. Any agent. Even your agent.
      7d
  • Facebook public2
    Slower appreciation is not a downturn, unfortunately.
    7d0
  • New
    cipher

    New

    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.
    2d0
  • Salesforce pmyz88
    OP
    Actually lots of price reductions in Palo Alto .. so very unusual ..
    3d0
  • New
    cipher

    New

    PRE
    Splunk
    ciphermore
    Markets back and it’s not looking good for buyers. If you can, snag a place, before the IPO money hits.
    5d0
  • Apple Dlmsq7
    Oh no I was hoping the opposite...
    6d0
  • New / R&Dzorkan
    I'm out of the loop, what were the changes?
    7d0

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