First of all, I’m not talking about Lynbrook area. I just want to move my family around the west gate area. We like the vibe here and are actually happy to know that Costco is coming. Unfortunately, I made multiple biding offers but never accepted. Now, I just realized that some homes I bid, the final sold price is few hundreds thousands more than listing price!? Even the school zone is Prospect? (No offend but the overall rating is only 7/10) Any thoughts? Are we in another bubble? https://redf.in/rRnjAq https://redf.in/tClkyH https://redf.in/qBd4oC
It's our and Meta people bidding up the area. We have full remote option though, so you don't have to play if the ante is too high.
TC or GTFO MF
Yes, the AI stock mad rush has fucked us the Bay Area market royally.
Look into townhomes instead of sfh. Townhomes in that area are at least 500K lower(in many cases close to $1M lower) than similar sized sfh, are newer, have fairly low HOA and in many cases, a small yard or patio as well so you have some outdoor space. Unless you plan to tear down the sfh and rebuild, paying such a huge premium for sfh is not worth it.
These homes have a really good price. Can’t beat the commute. I am overbidding by 500k if needed.
You work for nvidia. You can pay cash and get the house
Damn I saw this market crashed from 2.4 to 1.9 during 2022. Glad I bought at that time
Prospect is fairly good school. Test score is 9. Neighborhood is great, prime location with lots of places and things to do.
What you see if the norm for Cupertino/west San Jose house. If u don’t want to bid, look for other places like willow glenn, Berryessa and etc.
There is bidding war everywhere
200K and under I don’t consider as bidding. 300k above listing price is bidding