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Old 03-24-2005, 06:19 PM   #1743
lookingformarket
I am beyond a rank!
 
Join Date: Mar 2003
Posts: 301
Peninula Real Estate

Quote:
Originally posted by OscarCrease
It seems like quite a few of the regulars on this board are from the SF Bay Area. Any advice on the state of the housing market in the South Bay? Understood that it's expensive as hell; I'm looking for feedback on how much inventory is out there, whether it still takes bidding over the ask to get a place, etc. Also, any insight on specifics regarding Mt. View neighborhoods would be great. We've already decided to go the private school route so at least for now we're not bound by school district requirements. As such, we're not even looking at PA, Los Altos, Menlo, and some of the other truly stratospherically expensive areas but hoping that in the "slums" of Mt. View you can still find a hovel for less than $1MM (ideally, at least 1500 sq. feet in order to squeeze in the 5 of us).

Thanks in advance.
the wall street journal and economist have both recently said that you'd have to be an asshat to but in the SF area these days because of the relative values of renting v. buying. See March 23 WSJ and March 5 economist
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