Saturday, October 14, 2006

Dreary Day

Oddly it's cloudy here. That doesn't happen much. So infrequently in fact that it's quite noticeable. Usually it's a bit foggy in the morning BTU it burns off by 10am.

Anyways - today we'll just take it easy. I need to dig up more yard for planting vegetables for the second season - they SAY things will grow again... and we're going to look at neighboring towns away from the "sprawl" for houses we might be able to afford. It's almost a joke how much houses cost out here. They aren't built any better, there are just too many people who want a home. Seems it's a buyer's market now because people aren't trying to out-bid each other. Meaning houses are starting to go for less than $1 million. No joke - two blocks down a house went for $950k. Three blocks down one went for $1.25 million. The reason the median is as low as it is in that chart is because of tea "sketchy" areas where houses go for $400k-$500k. "Get out of town!" takes on new meaning...

2 comments:

Anonymous said...

http://www.realestatejournal.com/buysell/realestateindex/20060613-elite.html

Median Menlo Park house sale down nearly 23% over last year.

The high end will feel the hit first, then middle, then lower prices.

If you choose to buy, start to look in about a year's time.

Now is still the time to rent.

Hang on in there and keep your powder dry.

Robyn Diaz said...

holy crap! If you dont find your perfect house, at least you are still living in paradise :)