I personally think once the housing market calms down, these things will be slaughtered by at-least.(Tracy is not a part of Bay Area)๐ ๐
Definitely a decent price if itโs livermore.
Tracy so trash though. Cost per square foot is good but like Iโd pay 3x per square foot to live in not a shitthole town
Itโs not crazy. The size of the house is 2800 sq ft. That square footage within the Bay Area would cost WAY more. For Tracy, this is an okay price.
If u go to stockton, u will get 5600sq in same price.๐
I wouldnโt live in any of these areas. Others can have their opinion and I respect that. I prefer living within the Bay Area.
The housing market is impossible to predict. Who knows? Maybe this market frenzy is pushing so many potential buyers to buy in the ex-urbs that it will tumble future demand in the bay as so many people would be already out of the market.
New people will be coming in also right?
Yes but you need to quantify. A significant number of buyers have already bought in the ex-urbs which should obviously reduce demand
Tracy, Mountain House are dry and hot AF.
I live on the East Coast and have a 3600 sq ft house and my mortgage is 2100 bucks a month. This is insane.
If it's in sf, it'll cost at least 5-10 millions depends on the area. Tracy is pretty cheap ๐ง
LOL California is a such a delusional place for people who have not explored rest of US. There are so many beautiful places out here and people still want to purchase a shit like house for more than a 1M ๐๐๐
High paying jobs are nearby
That house wonโt be worth that much in 3 years when covid is over. All these people buying in the exurbs are gonna get hosed.
On the logic that Tracy is an irrelevant location too far away and people are purchasing emotionally to fulfill short term needs for space rather than long term.
Mountain house is marginally closer. Still an irrelevant location with awful awful commute given normal traffic
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Cheap
Itโs not cheap for Tracy.