Maybe this will make you feel better. Up here in the Bay Area, $1 million will get you 2,500 sf 4BR tract house on 4k sf lot in San Jose, or 1,200 sf 60 yr old ranch home on 6k sf lot in Mountain View, or nothing in Los Altos, not even a bare 4k sf vacant lot. And we are in a “down” market here as well.
