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Started By
Message
re: Check out this Sunnyvale, Ca. beauty that sold for $2m
Posted on 3/3/18 at 9:24 pm to RogerTheShrubber
Posted on 3/3/18 at 9:24 pm to RogerTheShrubber
quote:
Going to be a bitch when the bubble bursts.
Yep, the value of this house will drop like a stone to around 1.85 million.
2
Posted on 3/3/18 at 9:45 pm to LSUfanatic
quote:
Serious question: What do the homes of poor people look like?
In another thread living in a box.
Posted on 3/3/18 at 9:47 pm to EA6B
If I could afford a home where the average temperature in July 77° I would do it so fast. It's almost as if people want to live in California more so than Louisiana. Strange.
Posted on 3/3/18 at 10:09 pm to EA6B
quote:
Yep, the value of this house will drop like a stone to around 1.85 million.
Buyer paid $550,000 above asking price. A crash like 08 could surely send it to 1.2 mil.
Posted on 3/3/18 at 10:12 pm to GetBackToWork
I would love to know how bad the buyer wanted to live in that town, that they were willing to buy that house for that price.
I’m literally laughing thinking about the crap that went through that persons head to talk themselves into that BS
I’m literally laughing thinking about the crap that went through that persons head to talk themselves into that BS
Posted on 3/3/18 at 10:27 pm to Tshiz
quote:
People are dumb. The buyer I mean....
No, this is what it costs there. I'm sure it would have gone cheaper if better were available. We were just talking price per sq.' and posted that a close friend paid about that for a house I described as generic, small, 1970's ranch style brick home...
Posted on 3/3/18 at 11:01 pm to Fat and Happy
quote:
would love to know how bad the buyer wanted to live in that town, that they were willing to buy that house for that price.
I’m literally laughing thinking about the crap that went through that persons head to talk themselves into that BS
It's possible that they were an international buyer that didn't even see the house. There has been a ton of Chinese buyers that "invest" in real estate here in the hot US markets. They basically pick an area where they like the long term prospects, then throw around cash with no regards to if they are getting a good deal currently or not. They don't care because they're usually just trying to hide their money over here. They trust US real estate more than the Chinese government. It's what made Vancouver, BC the most expensive real estate market in North America.
They did this in West Bellevue over the past couple of years and made the prices shoot through the roof. They buy homes sight unseen. The problem is they way overbid for places which destroy the comps of nearby properties and make everything around what they just purchased sell for much higher. I've seen it multiple times recently. Prices in West Bellevue went up 92.9% in one year. The median price went from $1.41 million in January 2017 to $2.72 million in January 2018.
This post was edited on 3/3/18 at 11:03 pm
Posted on 3/4/18 at 12:07 am to Fat and Happy
quote:
I’m literally laughing thinking about the crap that went through that persons head to talk themselves into that BS
Probably not much. Probably was extra cash sitting in an account.
Posted on 3/4/18 at 12:19 am to RedRifle
$2,000,000 in California. 2 bedroom, 2 bath, 848 sq/ft.
$1,995,000 in Lafayette, La. 5 bedroom, 5 bath, 5871 sq/ft, 1 acre lot.
People in Cali are fricking rrtarded.
$1,995,000 in Lafayette, La. 5 bedroom, 5 bath, 5871 sq/ft, 1 acre lot.
People in Cali are fricking rrtarded.
Posted on 3/4/18 at 12:25 am to bhtigerfan
I'm selling my house in SF...currenty the smallest house on the market in SF.
It's been all over the news. Hopefully that means $$ for me.
LOL real estate is ridiculous
It's been all over the news. Hopefully that means $$ for me.
LOL real estate is ridiculous
Posted on 3/4/18 at 1:23 am to bhtigerfan
quote:
$2,000,000 in California. 2 bedroom, 2 bath, 848 sq/ft.
quote:
$1,995,000 in Lafayette, La. 5 bedroom, 5 bath, 5871 sq/ft, 1 acre lot.
quote:
People in Cali are fricking rrtarded.
Why is such a great house only 1.995 million?
Its in Lafayette.
What are the 3 rules of real estate?
1. Location, 2. Location, 3. Location
If I could spend 2 million on a house it would be California here I come.
This post was edited on 3/4/18 at 1:27 am
Posted on 3/4/18 at 4:26 am to fightin tigers
California is such a shithole now. Crime and illegals are the number one import
Posted on 3/4/18 at 5:11 am to RedRifle
Funny thing is most of these people driving up prices and making everything insanely expensive there are leftists who will preach to everyone else about "sustainability"
Posted on 3/4/18 at 5:40 am to RogerTheShrubber
quote:Tigerdroppings has been talking about this bubble since 2008....
Going to be a bitch when the bubble bursts.
So, a lot of posters have sat not buying in a lot of places for EIGHT years as prices still go up, missing great investments
Posted on 3/4/18 at 6:30 am to RedRifle
The staging in this room put it over the top for me. $2 million seems like a bargain.
Posted on 3/4/18 at 6:37 am to Bham Bammer
LINK
California has the worst quality of life in the 50 US states
Go west young man.
Send me a postcard.
California has the worst quality of life in the 50 US states
Go west young man.
Send me a postcard.
This post was edited on 3/4/18 at 6:38 am
Posted on 3/9/18 at 12:57 pm to 632627
Posted on 3/9/18 at 12:58 pm to RedRifle
That'd be like $400-500k in Dallas. I thought that was high.
Posted on 3/9/18 at 1:20 pm to RedRifle
did the area just get rezoned or somethign like that?
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