Housing buyers market?

Google
rLko50

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rLko50
Feb 19, 2019 14 Comments

Housing seems to have slowed considerably in peninsula, East Bay, San Jose..... open houses I saw haven't sold for several weeks.....last time I saw this .... the bottom hit 4 years later(2007-2011).....

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TOP 14 Comments
  • Cadence
    System@

    Go to company page Cadence

    System@
    Based on your analysis, i think i should sell my house and move to rent.. and wait for 4 years to rebuy πŸ€” your deep analysis truly opened our eyes. Thank you!
    Feb 19, 2019 0
  • Apple
    Dlmsq7

    Go to company page Apple

    Dlmsq7
    I noticed market got busier in February again. Open houses are more crowded again and houses go faster than sep nov last year.
    Feb 19, 2019 0
  • Netflix
    Djejdicjsk

    Go to company page Netflix

    Djejdicjsk
    Market is nuts again. I’ve been outbid twice the last few weeks and we were offering ~15% over asking already
    Feb 19, 2019 2
  • Uber
    czWM20

    Go to company page Uber

    czWM20
    December 2018 was a dip to buy. Check $IYR for reference, but Bay Area does better than that index. From my experience, Bay Area housing market is still very hot. Recently had to give an all cash offer at 20% over ask to win a house
    Feb 24, 2019 1
  • You are about 9 months late. Housing started slowing down last May. It fell about 10-20% from the peak but that peak was formed due to drastic increase in 2017. So it came back down to where it was 2 years ago. Now that mortgage rate is down significantly and the market may become a littler hotter than now till Apr.
    Feb 19, 2019 0