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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (77901)	5/20/2007 8:23:50 PM
From: Lizzie Tudor	Respond to of 306849

Considering I am a UC Berkeley alumnus and lived in what 99.9999999999999% of humans consider is the Bay Area for most of my life, I would think I know the area quite well, thanks. well then why on earth would you exclude silicon valley from a real estate query on the bay area? Since you know the bay area so well. By the way, here's the link for San Jose: Doesn't look too great. I have no idea what "housingprices.net" is or what their index of list prices means. Its an interesting metric that nobody tracks which probably means they made it up to make their case. As far as REAL NEWS on real estate prices here, here are some: Housing Bubble and Real Estate Market Tracker The median price paid for a Bay Area home increased last month to $659,000, a new peak. That was up 3.1% from $639,000 for March, and up 3.8% from $635,000 for April 2006… Prices have increased the last three months. DataQuick: "With sales this slow, prices would decline if there were a huge number of motivated sellers listing their homes. That doesn't appear to be the case. It's likely that potential buyers are biding their time, as are sellers." usmarket.seekingalpha.com Marin median home price hits $1 million mark Gary Klien Article Launched: 05/16/2007 11:18:43 PM PDT marinij.com