Sunday, May 22, 2022

bay area housing market reddit

I grew up in the Bay and moved to Utah in my 20s. Jan 27 10 4.


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Previous properties are also in bay area prime locations The thing that shocked me was new one is 48 million house.

. All the best things to do to see and discuss in the San Francisco Bay Area. The Surging Real Estate Market Continues to Climb. The Tucson AZ housing market is.

However the housing market is driving me crazy according to the California realtors association 93 of houses in Alameda county paid on average 12 above the asking price and the median home prices are in the upper 800k. A new report from online real estate. What the heck is going on with the market since the beginning of April.

I want to get back to CA eventually but the real estate really holds me back. Or wait and see if the market changes. Bay Area Housing Market Trends 2022.

Go to company page Amazon. 448k members in the bayarea community. Fresh and trending news about Real Estate industry business finance employment product technology and top companies in Real Estate industry posted by news bot power by AI.

If you bought a home in December and financed it with a 500000 mortgage loan at 311 your monthly spend on principal and interest would be 2138 versus 2584 if you got the same loan in March 2022 at 467. Despite a global pandemic 2020 is expected to outpace 2019 when it. Silicon Valley is out of control on fire.

Remember PatrickNet anyoneRewind to 2000. Bond-tapering and Fed rate hikes started on March 16 2022. If like properties are going for 250K over list you need to readjust your expected target price by 250K by offering market price or changing the city neighborhood or property type youre looking at.

My budget is between 1200-1800 per person but thats flexible. Ill be moving to the east bay most likely DublinPleasanton area for work and am looking for a place to live and roommates to lease a 2-3 bedroom apartmenthouse. The property can rent for 2500 - 3000.

I put offers on homes literally everywhere in the East Bay basically a triangle bounded by Richmond Antioch and Milpitas from mid 2020 til March 2021 and while prices were crazy they were the expected amount of crazy. This post is part question part rant. All nine counties in the Bay Area reported double-digit price growth year-over-year.

The Bay Area housing market remains tilted heavily toward sellers. Not sure if this information would help but Im the sole bread-winner with a full-time job married with 2 elementary aged kids. You can get a beautiful mansion in Utah for 500k but then youd also commute from hell if you dont like HOAs and judgy Mormons.

Google UWOM24 Jan 27. Im so glad Microsoft is in Seattle. Instead I think home prices will rise by closer to 8 in 2022 not 16 like it did in 2021.

Meanwhile house prices are high. 10-15 over list w no contingencies with. Hey everybody Ill be graduating from the University of Wisconsin-Madison this May.

A record-low shortage of Bay Area homes for sale booming demand for more suburban work and family space and a strong local economy have pushed home prices up nearly 20 year-over-year. SAN FRANCISCO KGO -- Coming as a surprise to perhaps no one housing prices in the Bay Area are becoming increasingly out of reach for more and more people. But I have many ties to the Bae Area lolol and have always looked upon the housing situation there with ravenous passion.

Actual prices are a moving target based on the recent historical market and supply and demand. Below is the latest tabulated housing market report for the entire Bay Area released by the California Association of RealtorsThe tabulated report shows the sales and prices of the Bay Area counties for March 2022Much of the Bay Area real estate market remains firmly in sellers market territory with months of supply. But theres a chance the housing market is too hot.

On average Denver-area homes sold for 33464 above the list price in April up from 27045 in March and 11916 at this time last year according to the Austin-based real estate technology company. Peter Yang a 37-year-old product lead at Reddit described the Bay Area housing market as crazy He and his wife were looking for a three- or four-bedroom home near a high performing public. The average 30-year mortgage rate was 311 in December 2021 rising to 467 by the end of Q1 2022.

Feb 9 184 Comments. This pace of double-digit price appreciation in the housing market is unsustainable. Peter Yang a 37-year-old product lead at Reddit described the Bay Area housing market as crazy.

Even in 20082009 market crash real estate went down slightly a bit and picked up even more after 2011. I was happy to leave the Bay then and Im working to afford getting back. Facebook twitter reddit hacker news link.

The fear is that I dont have experience with being a landlord but also looking for possible passive income and for the home to continue rising in value. In the Bay Areas housing market bidding wars are back with a vengeance. I am moving to the Bay Area in a couple of months and my general belief is buying a home is better than renting.

Looking for a decent 2-3 bedroom 2 bath home for rent price range 2800-3700 looking to move in April. Affordability is becoming an issue. Friends bought their third house in bay area without selling any of the old house which is good.

Welcome to join and share your ideas and opinions. San Jose SacramentoSilicon Valley even the country. This is bay area it only goes up.

Bay Area housing market crash. 33 votes 16 comments. The median price for a resale home in Santa.


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