Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: megazoo who wrote (100588)	1/17/2008 1:01:25 AM
From: Lizzie Tudor	Respond to of 306849

its probably a good deal, but what you want is a 95125 zipcode.

To: megazoo who wrote (100588)	1/17/2008 2:14:12 AM
From: Live2Sail	Respond to of 306849

You should be careful. IIRC, there are two Willow Glens if you know what I mean. Lizzie followed up with a post about the zip code you want.

To: megazoo who wrote (100588)	1/17/2008 5:34:51 PM
From: Lizzie Tudor	Respond to of 306849

this is that area............santa clara county very dependent on local economy Existing home prices rise in Santa Clara County, but fall in rest of Bay Area By Sue McAllister Mercury News Article Launched: 01/17/2008 02:08:55 PM PST As concerns over the national economy mounted, Bay Area home sales dropped dramatically in last month, falling to the lowest level of any December in at least 20 years, a real estate information firm reported today. Just 5,065 new and resale houses and condos changed hands in the nine-county area in December, down 39.5 percent from a year earlier, according to DataQuick Information Systems. It was a new low in the company's records for the month - the previous low was in December 1990, when 5,458 homes sold. Sales prices for single family homes fell last month in every Bay Area county except Santa Clara, where the median price of homes sold rose 4.6 percent from December 2006 to $739,000. In San Mateo County, the median house price declined 2.7 percent, to $765,000, and Alameda County house prices dropped 10.9 percent from a year earlier, to $552,500. Figures are based on sales that became final in December, meaning most deals began in November or October - both months in which the effects of the unraveling credit markets were coming to light. Consumer confidence took a hit, prompting many people to shelve their home-buying plans at least for a while. "Anybody that can hold off is doing that right now," said DataQuick analyst John Karevoll.