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evolusd
6 years ago

Thanks for keeping the chart
Thanks for keeping the chart updates coming, Rich!

Escoguy
6 years ago
Reply to  evolusd

The homes I’ve looked at are
The homes I’ve looked at are just priced too aggressively. 3BR 1300 sf in 92127 for $675K.

As an investor, hard to see adding at these prices.

Out of curiosity, notable that DOM is very high for houses above 2M.

When you compare the property taxes current owners pay vs the new assessment (assuming sale), not sure many can actually carry the burden at that level.

An extreme example: Viterbi’s house still for sale in spite of 15M price cut. Just shy of two years on the market.

http://www.businessinsider.com/inside-andrew-viterbi-60-million-home-2015-12