HousingFeb 9, 2019

Market

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?

Add a comment
F5 Networks Op64em Feb 9, 2019

No. Just a reversion to nominal insanity from extreme insanity.

New
inmann Feb 9, 2019

This :)

This comment was deleted by the original commenter.
Amazon Sanchezos Feb 9, 2019

+1 for the username 😂

Amazon Sanchezos Feb 9, 2019

Well you’d be crawling in the dark looking for a new username 🙌

Apple Dlmsq7 Feb 9, 2019

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.

VMware BobbleHat Feb 9, 2019

Sorry the agent forgot to tell you, 49 of the groups were hired friends.

F5 Networks Op64em Feb 9, 2019

Never, ever trust the agent. Any agent. Even your agent.

New
zorkan Feb 9, 2019

I'm out of the loop, what were the changes?

Facebook public2 Feb 9, 2019

Slower appreciation is not a downturn, unfortunately.

Apple Dlmsq7 Feb 10, 2019

Oh no I was hoping the opposite...

New
cipher Feb 12, 2019

Markets back and it’s not looking good for buyers. If you can, snag a place, before the IPO money hits.

Salesforce pmyz88 OP Feb 13, 2019

Actually lots of price reductions in Palo Alto .. so very unusual ..

New
cipher Feb 14, 2019

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.