I start seeing price drop now in Palo Alto. This one sold for 400k under Redfin estimate.
https://www.redfin.com/CA/Palo-Alto/912-El-Cajon-Way-94303/home/1307453 $3M
But Sunnyvale is still going strong.
https://www.redfin.com/CA/Sunnyvale/948-Olympus-Ct-94087/home/1776079 $3.8M
I can't believe it but there will be a day where people on Blind complain they are priced out of Sunnyvale and have to move to Palo Alto instead.
#housing #paloalto #sunnyvale #bayarea
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Tc - 775k
I think safety/risk is a personal preference. You should do what keeps you sleeping well at night.