Bubble burst already?

Aug 19, 2018 16 Comments

Look at the price history of this home in a great school district

https://www.zillow.com/homedetails/43967-S-Moray-St-Fremont-CA-94539/25024332_zpid/

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 TOP 16 Comments
  • Lol. Guess why its not selling? Hint: look at the lawn pics or use a street view
    Aug 19, 2018 8
  • Pandora
    dipthong

    Go to company page Pandora

    dipthong
    Lol. In every market you will have unrealistic sellers as in this case. Calling this one example as evidence of a bubble bursting is ridiculous.
    Aug 19, 2018 3
    • Pandora
      dipthong

      Go to company page Pandora

      dipthong
      Yes. Also seller was probably unrealistic at first and then became desperate - over indexed other way.
      Aug 19, 2018
    • Buyers back out of deals all the time. The fact that another buyer didn’t step in to fill the void left behind may be indicative of perceptions. One data point is meaningless....this would need to become a trend in order for it to be meaningful.
      Aug 19, 2018
  • Salesforce / Mgmt
    heybooboo

    Go to company page Salesforce Mgmt

     heybooboo
    Fuck this. I’m outta here.
    Aug 19, 2018 0
  • Lero Labs / Mktg
    lyVd32

    Lero Labs Mktg

    BIO
    Marketing
    lyVd32
    Not necessarily bubble bursting, but more of the fact that higher end homes in the $1.5 million range are going to sit on the market for longer. Those that can afford those homes are probably already in one, or would only pay that amount (or more) if it was in a better location, like Peninsula
    Aug 19, 2018 0
  • Uber
    Pihfdygddj

    Go to company page Uber

    Pihfdygddj
    Also mission san jose despite being a great school lagged the market due to long commute over last 3 years in terms of appreciation.
    Aug 19, 2018 0