Sign of desperation in the sf bay housing market?

Citibank Qt7l
Feb 6 7 Comments

Or just an idiotic pricing strategy?

Sign of desperation in the sf bay housing market?

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TOP 7 Comments
  • New DuQvV7x
    Bought for .6 in 2002, Listed for 1.55 in 2018, sold in 4 months for 1.25.

    What exactly is the issue?
    Feb 6 0
  • New / Product
    cipher

    New Product

    PRE
    Splunk
    ciphermore
    It sold, so maybe it worked.

    I’m looking to buy right now and don’t see sellers willing to sell at/ below asking, especially for good properties. I’ve seen counters at 5-8% over asking and I’m scratching my head because the market was supposed to be favorable for buyers. Perhaps they’re waiting for the IPO money to hit.
    Feb 6 1
    • New DuQvV7x
      That tiny window closed.

      The Fed shifted to an accommodative stance.

      If we don’t manage to punch ourself (hard) in the nutsack with a tariff war, then it’s off to the growth races again.
      Feb 6
  • Microsoft pJcW86
    Anyone here from pre-08 housing days?
    Feb 6 2
    • New DuQvV7x
      I sure hope they’re a lot of us here considering that’s just a decade ago
      Feb 6
    • Microsoft pJcW86
      Apparently not if people think a house on the market for 2-3 months is bad (2-3 months is the avg selling period in a healthy market for an accurately priced house).
      Feb 6
  • Facebook public2
    If 80 days on the market is desperate...
    Feb 6 0