[Allan from Fallbrook]

raptor: You want a scream? My folks bought their house in Los Altos Hills (before it was Los Altos Hills, it was just Los Altos back then) in 1966 for $22,000. My dad moaned for years about how expensive that house was, but my mom had to have it, so he bought it for her. Comparable homes in Mountain View at the time were going for about half that. It was in the hills above Foothill Expressway, and sold for over $800k when my dad retired in ’89. Same house went for over $1.8MM three years ago. Gotta love Silicon Valley.

Speaking of Ferraris: A girl I went to high school with got one for her 18th birthday. Her dad, a former HP’er, had sold his company and made some twenty odd million. This was ’82 and, following the Apple IPO of a year or so earlier, really ushered in the Silicon Valley prosperity you see today. Interesting times, to say the least.

[Allan from Fallbrook]

raptor: You want a scream? My folks bought their house in Los Altos Hills (before it was Los Altos Hills, it was just Los Altos back then) in 1966 for $22,000. My dad moaned for years about how expensive that house was, but my mom had to have it, so he bought it for her. Comparable homes in Mountain View at the time were going for about half that. It was in the hills above Foothill Expressway, and sold for over $800k when my dad retired in ’89. Same house went for over $1.8MM three years ago. Gotta love Silicon Valley.

Speaking of Ferraris: A girl I went to high school with got one for her 18th birthday. Her dad, a former HP’er, had sold his company and made some twenty odd million. This was ’82 and, following the Apple IPO of a year or so earlier, really ushered in the Silicon Valley prosperity you see today. Interesting times, to say the least.

[Allan from Fallbrook]

raptor: You want a scream? My folks bought their house in Los Altos Hills (before it was Los Altos Hills, it was just Los Altos back then) in 1966 for $22,000. My dad moaned for years about how expensive that house was, but my mom had to have it, so he bought it for her. Comparable homes in Mountain View at the time were going for about half that. It was in the hills above Foothill Expressway, and sold for over $800k when my dad retired in ’89. Same house went for over $1.8MM three years ago. Gotta love Silicon Valley.

Speaking of Ferraris: A girl I went to high school with got one for her 18th birthday. Her dad, a former HP’er, had sold his company and made some twenty odd million. This was ’82 and, following the Apple IPO of a year or so earlier, really ushered in the Silicon Valley prosperity you see today. Interesting times, to say the least.

[Allan from Fallbrook]

raptor: You want a scream? My folks bought their house in Los Altos Hills (before it was Los Altos Hills, it was just Los Altos back then) in 1966 for $22,000. My dad moaned for years about how expensive that house was, but my mom had to have it, so he bought it for her. Comparable homes in Mountain View at the time were going for about half that. It was in the hills above Foothill Expressway, and sold for over $800k when my dad retired in ’89. Same house went for over $1.8MM three years ago. Gotta love Silicon Valley.

Speaking of Ferraris: A girl I went to high school with got one for her 18th birthday. Her dad, a former HP’er, had sold his company and made some twenty odd million. This was ’82 and, following the Apple IPO of a year or so earlier, really ushered in the Silicon Valley prosperity you see today. Interesting times, to say the least.

[Allan from Fallbrook]

jabrwoki: I definitely get the sense that there are some developers that got overextended in the wine country. I am starting to see fairly decent size acreages (5, 10, 20+) opening up, and at affordable prices (around $20k per acre). All of them have been zoned and perc’d for multiple residences, and are now coming back onto the market as “developable land”.

These are right alongside the WTF asking prices of some of the larger, and newer, properties there. I saw a nice 3,000sf property on 5.5ac for the low, low price of $1.7MM. Nice area, but not that nice.

[Allan from Fallbrook]

jabrwoki: I definitely get the sense that there are some developers that got overextended in the wine country. I am starting to see fairly decent size acreages (5, 10, 20+) opening up, and at affordable prices (around $20k per acre). All of them have been zoned and perc’d for multiple residences, and are now coming back onto the market as “developable land”.

These are right alongside the WTF asking prices of some of the larger, and newer, properties there. I saw a nice 3,000sf property on 5.5ac for the low, low price of $1.7MM. Nice area, but not that nice.

[Allan from Fallbrook]

jabrwoki: I definitely get the sense that there are some developers that got overextended in the wine country. I am starting to see fairly decent size acreages (5, 10, 20+) opening up, and at affordable prices (around $20k per acre). All of them have been zoned and perc’d for multiple residences, and are now coming back onto the market as “developable land”.

These are right alongside the WTF asking prices of some of the larger, and newer, properties there. I saw a nice 3,000sf property on 5.5ac for the low, low price of $1.7MM. Nice area, but not that nice.

[Allan from Fallbrook]

jabrwoki: I definitely get the sense that there are some developers that got overextended in the wine country. I am starting to see fairly decent size acreages (5, 10, 20+) opening up, and at affordable prices (around $20k per acre). All of them have been zoned and perc’d for multiple residences, and are now coming back onto the market as “developable land”.

These are right alongside the WTF asking prices of some of the larger, and newer, properties there. I saw a nice 3,000sf property on 5.5ac for the low, low price of $1.7MM. Nice area, but not that nice.

[Allan from Fallbrook]

jabrwoki: I definitely get the sense that there are some developers that got overextended in the wine country. I am starting to see fairly decent size acreages (5, 10, 20+) opening up, and at affordable prices (around $20k per acre). All of them have been zoned and perc’d for multiple residences, and are now coming back onto the market as “developable land”.

These are right alongside the WTF asking prices of some of the larger, and newer, properties there. I saw a nice 3,000sf property on 5.5ac for the low, low price of $1.7MM. Nice area, but not that nice.

[Allan from Fallbrook]

jabrwoki: My buddy that lives in Los Altos works for Intel on their Sta. Clara campus and says that the buzz about Google stock is that it is in for a downturn. Given that its presently in nosebleed range ($700+ a share), that would make sense. I also hear that some of the steam is coming out of the Google machine, and their frenetic hiring pace is slowing somewhat. Based on what he said, Google was driving housing prices in areas ranging from Mountain View through Menlo/Atherton. He mentioned a senior program engineer buying a place in Palo Alto Hills near the country club for a cool two mil in cash. Must be nice.

I’d love to grab a couple of acres in either Sonoma or Napa and build. I missed a primo chance at the end of the dot.bomb bust when I could have picked up two acres in Healdsburg for $150k. Some dot.com genius was apparently also an aspiring vinter and lost the property when his company went bust. Waited a bit too long, and missed the opportunity. Plenty of nice places for sale in those areas, and the prices are getting competitive again.

[Allan from Fallbrook]

jabrwoki: My buddy that lives in Los Altos works for Intel on their Sta. Clara campus and says that the buzz about Google stock is that it is in for a downturn. Given that its presently in nosebleed range ($700+ a share), that would make sense. I also hear that some of the steam is coming out of the Google machine, and their frenetic hiring pace is slowing somewhat. Based on what he said, Google was driving housing prices in areas ranging from Mountain View through Menlo/Atherton. He mentioned a senior program engineer buying a place in Palo Alto Hills near the country club for a cool two mil in cash. Must be nice.

I’d love to grab a couple of acres in either Sonoma or Napa and build. I missed a primo chance at the end of the dot.bomb bust when I could have picked up two acres in Healdsburg for $150k. Some dot.com genius was apparently also an aspiring vinter and lost the property when his company went bust. Waited a bit too long, and missed the opportunity. Plenty of nice places for sale in those areas, and the prices are getting competitive again.

[Allan from Fallbrook]

jabrwoki: My buddy that lives in Los Altos works for Intel on their Sta. Clara campus and says that the buzz about Google stock is that it is in for a downturn. Given that its presently in nosebleed range ($700+ a share), that would make sense. I also hear that some of the steam is coming out of the Google machine, and their frenetic hiring pace is slowing somewhat. Based on what he said, Google was driving housing prices in areas ranging from Mountain View through Menlo/Atherton. He mentioned a senior program engineer buying a place in Palo Alto Hills near the country club for a cool two mil in cash. Must be nice.

I’d love to grab a couple of acres in either Sonoma or Napa and build. I missed a primo chance at the end of the dot.bomb bust when I could have picked up two acres in Healdsburg for $150k. Some dot.com genius was apparently also an aspiring vinter and lost the property when his company went bust. Waited a bit too long, and missed the opportunity. Plenty of nice places for sale in those areas, and the prices are getting competitive again.

[Allan from Fallbrook]

jabrwoki: My buddy that lives in Los Altos works for Intel on their Sta. Clara campus and says that the buzz about Google stock is that it is in for a downturn. Given that its presently in nosebleed range ($700+ a share), that would make sense. I also hear that some of the steam is coming out of the Google machine, and their frenetic hiring pace is slowing somewhat. Based on what he said, Google was driving housing prices in areas ranging from Mountain View through Menlo/Atherton. He mentioned a senior program engineer buying a place in Palo Alto Hills near the country club for a cool two mil in cash. Must be nice.

I’d love to grab a couple of acres in either Sonoma or Napa and build. I missed a primo chance at the end of the dot.bomb bust when I could have picked up two acres in Healdsburg for $150k. Some dot.com genius was apparently also an aspiring vinter and lost the property when his company went bust. Waited a bit too long, and missed the opportunity. Plenty of nice places for sale in those areas, and the prices are getting competitive again.

[Allan from Fallbrook]

jabrwoki: My buddy that lives in Los Altos works for Intel on their Sta. Clara campus and says that the buzz about Google stock is that it is in for a downturn. Given that its presently in nosebleed range ($700+ a share), that would make sense. I also hear that some of the steam is coming out of the Google machine, and their frenetic hiring pace is slowing somewhat. Based on what he said, Google was driving housing prices in areas ranging from Mountain View through Menlo/Atherton. He mentioned a senior program engineer buying a place in Palo Alto Hills near the country club for a cool two mil in cash. Must be nice.

I’d love to grab a couple of acres in either Sonoma or Napa and build. I missed a primo chance at the end of the dot.bomb bust when I could have picked up two acres in Healdsburg for $150k. Some dot.com genius was apparently also an aspiring vinter and lost the property when his company went bust. Waited a bit too long, and missed the opportunity. Plenty of nice places for sale in those areas, and the prices are getting competitive again.

[Allan from Fallbrook]

jabrwoki: The real interesting thing is the disconnect that Peninsula pricing has with areas like Napa and Sonoma counties, and other parts of the Bay Area (South San Francisco comes to mind). I have been keeping an eye on Napa and Sonoma, because I’d like to get some property up there, and Sta. Rosa, Sonoma, and parts of Napa are definitely dropping, and fast. Even San Francisco itself is starting to see a weakening in demand, and thusly pricing. But LAH, Palo Alto, Cupertino, Los Gatos et al keep right on accelerating.

I do remember after the dot.bomb that parts of Mountain View, Sunnyvale and Sta. Clara went into the tank, but they have rebounded strongly.

Is there where I put a shout out to Lewis Carroll?

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