Housing Prices Go Through Roof In Silicon Valley
<< Silicon Valley was mostly orchards when Ronald and Ruth Moore moved here in the 1950s. Their cozy three-bedroom ranch house, which they bought for $22,500 in 1962, was one of the first on a tract located not much of anywhere. Now, Apple Computer is less than a mile away, the Moores live in tech central, and their property is a gold mine.
In a real estate world so surreally hot that buyers bid millions for small houses, the Moores no longer pick up the phone when it rings. Most calls, after all, are from hungry real estate agents, asking them, please, please, to sell.
"They say, 'If in the future or if now you're thinking of selling, we'd like an opportunity to talk to you,' " said Ruth Moore, 68. "Or they say, 'We have someone who is desperately looking for a house just like yours.' " >>
... cont'd at ...
sightings.com
Inflation ... Can't be ... the Government would lie to us, would they?
< g >
|
