湾区最近房价走势:

That day, a RE agent told me that housing market in the bayarea is like this:

1. in the Eastbay, the supply is greater than the demand, the housing price is going down.

2. in the north valley, the supply is equal to the demand, the price is flat.

3. in the good area such as cupertino,palo alto, saratoga, the supply is smaller than the demand, the price is still going up.

Recently, I noticed that there are more and more open-house in the Eastbay and the north valley. Sometimes, on the same street, 2 or 3 houses are put on sale.

In particular, I happened to find two houses on sale in the north valley, where the market was supposed to be flat, the cases are interesting:

1. house A in Milpitas

5bed, 2.5 bath, 1,769 Sq.Ft., Lot size 5227 sqft, built 1969

This house is put on sale now at $659,900

I checked the sale history, it has changed a lot of hands, and the lastest sale was only 3 months ago! What is the reason?

It was sold on 4/25/2007 at 650k, (seller lost $140k?)
It was sold on 6/01/2006 at 790k,
It was sold on 3/23/2005 at 500k,

(guess this house's original price was only $80k in 1970s.)

2. House B in north San Jose

4bed, 2.5bath, 1786 sqft, lot 5662 sqft, built 1969.

It is on sale now at $680k

the sale history is:

sold on 5/25/05 at $740k
sold on 9/8/03 at $470k
sold on 7/25/03 at $446k

3.Last week, saw another house on sale at $699k, this week, the agent changed the price on mlslisting as $680k.

Obviously, the peak price in the bay area for area 1 and 2 is between the mid of 2005 to mid of 2006. and now, the housing price is going down.

所有跟帖： 

• Fremont Mission San Jose High Walking Distance的房价比去年还是高不少 -比较中肯- ♂ (0 bytes) () 08/01/2007 postreply 11:34:07

• 除好学区没降，其他在卖的，大部分都降了。 -wonder1- ♀ (41 bytes) () 08/01/2007 postreply 11:38:08

• 又到下半年了，想买房的可以进场了。 -HouseSold- ♀ (0 bytes) () 08/01/2007 postreply 11:55:45

• 不仅是周期问题，次级房贷冰山开始在湾区消融。 -wonder1- ♀ (79 bytes) () 08/01/2007 postreply 12:06:44

• 还会跌的,要几年才缓过气来 -bayfamily- ♂ (0 bytes) () 08/01/2007 postreply 14:41:14

• 谢贝大师指点！你也注意到了湾区房价在跌？本来，８。９月份是房 -wonder1- ♀ (295 bytes) () 08/01/2007 postreply 15:36:22

• 2个月以前我就说在降，他们说我吓唬人。 -BayFamily- ♂ (0 bytes) () 08/01/2007 postreply 18:45:13

• 贝大师是先见洞察。我是最近一个月感觉到降势越来越明显 -wonder1- ♀ (44 bytes) () 08/01/2007 postreply 21:23:34

• 跟恋爱一样，到时候就知道了 -bayfamily- ♂ (0 bytes) () 08/01/2007 postreply 22:07:42

• haha,yeah, very subtle. -wonder1- ♀ (0 bytes) () 08/02/2007 postreply 00:19:48

• 现在只是刚开始跌而已 -相见不如怀念- ♀ (0 bytes) () 08/01/2007 postreply 19:35:51

• US house market affects CA, CA affects BayArea. BayArea -playforever- ♂ (232 bytes) () 08/01/2007 postreply 22:43:29

• 亲眼看到的东湾的几个实例 -冉冉- ♀ (866 bytes) () 08/02/2007 postreply 21:06:33

• The good area willd drop too when the time is up -m4f- ♀ (214 bytes) () 08/03/2007 postreply 16:37:08

• This describes exactly what is happening: -青花- ♀ (713 bytes) () 08/04/2007 postreply 11:50:30