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raptorduck
ParticipantInteresting historical recollections. My first wife worked at Silicon Graphics during the Jurrasic Park days and lunch there was always a blast.
In terms of old property prices, my dad bought just over 1.5 acres of land in Palo Alto (Barron Park) not far from El Camino in 1972 for $70,000. He sold it in 1982 for more than ten times that and today on that same piece of land there are 8 two story cul-de-sac homes. According to Zillow, they range in value from $1.7-$2.3 million at 2,100-3,500 sf on around 6k sf size lots, roughly $16 million worth of homes on 1.5 acres if you believe Zillow!
ParticipantInteresting historical recollections. My first wife worked at Silicon Graphics during the Jurrasic Park days and lunch there was always a blast.
In terms of old property prices, my dad bought just over 1.5 acres of land in Palo Alto (Barron Park) not far from El Camino in 1972 for $70,000. He sold it in 1982 for more than ten times that and today on that same piece of land there are 8 two story cul-de-sac homes. According to Zillow, they range in value from $1.7-$2.3 million at 2,100-3,500 sf on around 6k sf size lots, roughly $16 million worth of homes on 1.5 acres if you believe Zillow!
ParticipantInteresting historical recollections. My first wife worked at Silicon Graphics during the Jurrasic Park days and lunch there was always a blast.
In terms of old property prices, my dad bought just over 1.5 acres of land in Palo Alto (Barron Park) not far from El Camino in 1972 for $70,000. He sold it in 1982 for more than ten times that and today on that same piece of land there are 8 two story cul-de-sac homes. According to Zillow, they range in value from $1.7-$2.3 million at 2,100-3,500 sf on around 6k sf size lots, roughly $16 million worth of homes on 1.5 acres if you believe Zillow!
ParticipantInteresting historical recollections. My first wife worked at Silicon Graphics during the Jurrasic Park days and lunch there was always a blast.
In terms of old property prices, my dad bought just over 1.5 acres of land in Palo Alto (Barron Park) not far from El Camino in 1972 for $70,000. He sold it in 1982 for more than ten times that and today on that same piece of land there are 8 two story cul-de-sac homes. According to Zillow, they range in value from $1.7-$2.3 million at 2,100-3,500 sf on around 6k sf size lots, roughly $16 million worth of homes on 1.5 acres if you believe Zillow!
ParticipantInteresting historical recollections. My first wife worked at Silicon Graphics during the Jurrasic Park days and lunch there was always a blast.
In terms of old property prices, my dad bought just over 1.5 acres of land in Palo Alto (Barron Park) not far from El Camino in 1972 for $70,000. He sold it in 1982 for more than ten times that and today on that same piece of land there are 8 two story cul-de-sac homes. According to Zillow, they range in value from $1.7-$2.3 million at 2,100-3,500 sf on around 6k sf size lots, roughly $16 million worth of homes on 1.5 acres if you believe Zillow!
ParticipantLooking to buy in both markets has certainly helped me appreciate the differences. Night and day really. Very little inventory of any kind, let alone nice houses, in LA/LAH/PA and lots of high quality inventory in RSF. I know people here make more income and have Google/Apple $$ etc and there are gobs and gobs of 7 figure income folks in Silicon Valley, but SD is so much nicer to live in, that I feel like I am living in a dream with the prices down there, and they are still dropping!
This is just a different world up here. I used to have a Ferrari and and Aston Martin and I had them serviced at what used to be called Ferrari of Los Gatos (now SV Auto Group) and they once told me that there were 6,000 registered Ferrari’s in Silicon Valley. Lots of money up here indeed. But in most cases, you can’t tell by looking at the person’s house. It is probably a 1,300 sf shack in MV with a Ferrari in it.
People want MV, LA, PA for the schools and commute, but an entry level home is over $1 million in MV and over $2 million in LA/PA and as mentioned, lots of buyers for those.
ParticipantLooking to buy in both markets has certainly helped me appreciate the differences. Night and day really. Very little inventory of any kind, let alone nice houses, in LA/LAH/PA and lots of high quality inventory in RSF. I know people here make more income and have Google/Apple $$ etc and there are gobs and gobs of 7 figure income folks in Silicon Valley, but SD is so much nicer to live in, that I feel like I am living in a dream with the prices down there, and they are still dropping!
This is just a different world up here. I used to have a Ferrari and and Aston Martin and I had them serviced at what used to be called Ferrari of Los Gatos (now SV Auto Group) and they once told me that there were 6,000 registered Ferrari’s in Silicon Valley. Lots of money up here indeed. But in most cases, you can’t tell by looking at the person’s house. It is probably a 1,300 sf shack in MV with a Ferrari in it.
People want MV, LA, PA for the schools and commute, but an entry level home is over $1 million in MV and over $2 million in LA/PA and as mentioned, lots of buyers for those.
ParticipantLooking to buy in both markets has certainly helped me appreciate the differences. Night and day really. Very little inventory of any kind, let alone nice houses, in LA/LAH/PA and lots of high quality inventory in RSF. I know people here make more income and have Google/Apple $$ etc and there are gobs and gobs of 7 figure income folks in Silicon Valley, but SD is so much nicer to live in, that I feel like I am living in a dream with the prices down there, and they are still dropping!
This is just a different world up here. I used to have a Ferrari and and Aston Martin and I had them serviced at what used to be called Ferrari of Los Gatos (now SV Auto Group) and they once told me that there were 6,000 registered Ferrari’s in Silicon Valley. Lots of money up here indeed. But in most cases, you can’t tell by looking at the person’s house. It is probably a 1,300 sf shack in MV with a Ferrari in it.
People want MV, LA, PA for the schools and commute, but an entry level home is over $1 million in MV and over $2 million in LA/PA and as mentioned, lots of buyers for those.
ParticipantLooking to buy in both markets has certainly helped me appreciate the differences. Night and day really. Very little inventory of any kind, let alone nice houses, in LA/LAH/PA and lots of high quality inventory in RSF. I know people here make more income and have Google/Apple $$ etc and there are gobs and gobs of 7 figure income folks in Silicon Valley, but SD is so much nicer to live in, that I feel like I am living in a dream with the prices down there, and they are still dropping!
This is just a different world up here. I used to have a Ferrari and and Aston Martin and I had them serviced at what used to be called Ferrari of Los Gatos (now SV Auto Group) and they once told me that there were 6,000 registered Ferrari’s in Silicon Valley. Lots of money up here indeed. But in most cases, you can’t tell by looking at the person’s house. It is probably a 1,300 sf shack in MV with a Ferrari in it.
People want MV, LA, PA for the schools and commute, but an entry level home is over $1 million in MV and over $2 million in LA/PA and as mentioned, lots of buyers for those.
ParticipantLooking to buy in both markets has certainly helped me appreciate the differences. Night and day really. Very little inventory of any kind, let alone nice houses, in LA/LAH/PA and lots of high quality inventory in RSF. I know people here make more income and have Google/Apple $$ etc and there are gobs and gobs of 7 figure income folks in Silicon Valley, but SD is so much nicer to live in, that I feel like I am living in a dream with the prices down there, and they are still dropping!
This is just a different world up here. I used to have a Ferrari and and Aston Martin and I had them serviced at what used to be called Ferrari of Los Gatos (now SV Auto Group) and they once told me that there were 6,000 registered Ferrari’s in Silicon Valley. Lots of money up here indeed. But in most cases, you can’t tell by looking at the person’s house. It is probably a 1,300 sf shack in MV with a Ferrari in it.
People want MV, LA, PA for the schools and commute, but an entry level home is over $1 million in MV and over $2 million in LA/PA and as mentioned, lots of buyers for those.
ParticipantI am with folks here who say wait longer. I am trying to keep my wife at bay to wait until about this time next year to buy, but I may loose and buy this year.
BUT I am being very agressive with “low ball” offers. Don’t worry about insulting or pissing off the seller. Make your low ball offer. If they don’t counter, move on. It is like fishing in a fish farm, eventually somebody will be hungry enough to bite.
ParticipantI am with folks here who say wait longer. I am trying to keep my wife at bay to wait until about this time next year to buy, but I may loose and buy this year.
BUT I am being very agressive with “low ball” offers. Don’t worry about insulting or pissing off the seller. Make your low ball offer. If they don’t counter, move on. It is like fishing in a fish farm, eventually somebody will be hungry enough to bite.
ParticipantI am with folks here who say wait longer. I am trying to keep my wife at bay to wait until about this time next year to buy, but I may loose and buy this year.
BUT I am being very agressive with “low ball” offers. Don’t worry about insulting or pissing off the seller. Make your low ball offer. If they don’t counter, move on. It is like fishing in a fish farm, eventually somebody will be hungry enough to bite.
ParticipantI am with folks here who say wait longer. I am trying to keep my wife at bay to wait until about this time next year to buy, but I may loose and buy this year.
BUT I am being very agressive with “low ball” offers. Don’t worry about insulting or pissing off the seller. Make your low ball offer. If they don’t counter, move on. It is like fishing in a fish farm, eventually somebody will be hungry enough to bite.
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