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Real Estate prices in

Google Answers: Real Estate prices in San Francisco Bay Area - Los Altos, Cupertino, Saratoga .. Log in | Google Answers Home View Question Ask a Question Q: Real Estate prices in San Francisco Bay Area - Los Altos, Cupertino, Saratoga .. ( Answered , 4 Comments ) Question Subject: Real Estate prices in San Francisco Bay Area - Los Altos, Cupertino, Saratoga .. Category: Business and Money > Economics Asked by: realestatedoom-ga List Price: $10.00 Posted: 06 May 2002 14:46 PDT Expires: 05 Jun 2002 14:46 PDT Question ID: 13448 With everything in the economy setting new lows, the SF bay area realestate is growing up surprisingly. During the hey days of internetboom, the real estate hike was justified with the stock prices. Nowmost of those internet companies are bankrupted or trading at theirlows of a few pennies. Yet, the bay area real estate is HOT, sizzlingand I heard that the home prices are indeed going up. This has left meclueless as it defies all the gravity. I would like to know thereasons. Also, if the reasons indicate that there is a manipualtion ofthis market by vested parties, I would like some pointers as well. Andabove all, when does one see the real estate crash in this area andwhat could trigger the same. Thanks. Answer Subject: Re: Real Estate prices in San Francisco Bay Area - Los Altos, Cupertino, Saratoga .. Answered By: easterangel-ga on 19 May 2002 03:53 PDT Rated: Hi! Thanks for the question. I have collected the following assessments on why the Bay Area realestate market is being overpriced right now.According to these two articles by Broderick Perkins of the RealtyTimes he mentioned two underlying factors: (a and b).a. “The area's housing market is further influenced by the contractionof household wealth, largely due to the bust in the area'stechnology-based economy.”“When the market crashed, housing prices declined, and many newhomeowners, who found themselves with a mortgage they could no longerafford, put their homes on the market.”These statements are particularly trying to point out that a selectivefew are trying to squeeze the real estate market especially forhigh-end homes. http://realtytimes.com/rtnews/rtcpages/20020205_bayarea.htm b.) “The spotty-market syndrome” – “A record high "luxury" home price index that doesn't fully jibe withreports of lagging sales activity is a red flag indicating aspotty-market that warrants close scrutiny by both buyers and sellers.Spotty-Market syndrome or reporting is using data that does notadequately represent the targeted population in this case the sellersand buyers of homes in the Bay Area. ““Home shoppers may buy into bidding wars that don't exist and pay toomuch in a flat or depreciating market in a given neighborhood… couldbe trickling down to mid-priced homes which aren't appreciating asfast as even cheaper condos and townhomes.” http://realtytimes.com/rtnews/rtcpages/20010223_bayprices.htm Do these two statements subscribe to your suspicion as regards tosomeone or somebody trying to control the market? I think they do.c.) Supply and demand. There is such a demand for land/housing in theBay Area, and this drives the price of homes up. However, there areaffordable housing options. This was taken from Advantage Homeswebsite. This can be located at the lower part of the web page. http://216.239.33.100/search?q=cache:2eSmmIcxiNcC:www.bayarea.com/mld/bayarea/business/personal_finance/debt_management/mortgages/ask_expert_front.htm+%2BWhy+Bay+Area+homes+expensive&hl=en d.) The region's economy is so much more diverse than a decade ago.This reason is specifically a factor for the Sacramento area accordingto this article. http://www.sacbee.com/static/archive/home/realestate/2001/0520.html Some housing bargains in the Bay Area are mentioned this article.Housing Bargains: http://beta.kpix.com/news/5reports/Housing_Bargains.shtml As to your question as to when it would end? The second article ofBroderick Perkins which I cited said this near the end."Buyers and sellers are cautioned to keep tabs on sales and prices ofall homes. As spring approaches with its seasonally more activemarket, a clearer picture of the spotty market should emerge -- forbetter or for worse."The article continued that small changes in the Bay Area economy willchange the balance of supply and demand bringing pressure for high-endhome prices to go down. http://realtytimes.com/rtnews/rtcpages/20010223_bayprices.htm I pray that right now this is the case. Search Terms Used:+Why Bay Area homes expensivespotty marketI hope this would be of help. Thanks for being a part of GoogleAnswers.Regards,Easterangel-ga realestatedoom-ga rated this answer: provides good insight. of course, i am still puzzled on who and howpeople can so easily afford 1+ million homes in the bay area assumingnot much money is flowing from stock options?. i am also a littlepuzzled that the "demand" has not waned out significantly due to fallout of "tech" economy here!. in any case, thanks for the answer. Comments Log in to add a comment Subject: Re: Real Estate prices in San Francisco Bay Area - Los Altos, Cupertino, Saratoga .. From: delphina-ga on 06 May 2002 15:33 PDT prices are indeed going up. houses are still selling quickly withmultiple bids. why? not everyone was wiped out in the dot-com crash.those that made it, made it, and those that didn't are already gone. basically, it won't crash unless there is an earthquake.everything you need to know is in carol lloyd's Surreal Estate columnin the San Francisco Chronicle.see here: http://www.sfgate.com/columnists/lloyd/archive/ Subject: Re: Real Estate prices in San Francisco Bay Area - Los Altos, Cupertino, Saratoga .. From: realestatedoom-ga on 06 May 2002 16:43 PDT so, how does an earthquake impact the prices given that this region iseqrthquake prone. why is the buying herd not factoring this?. readingthrough lloyd's article, there is a sense of desperation amongstbuyers (so there are still buyers at this price left:), wonder whythey don't choose other greener pastures where they do not have tosacrifice their entire life paying huge mortgages in an uncertain andimploding tech and job market!.) to own the realty in the bay area. isthat desperation out of a need to be in this area or pyramid formationwhere you buy and get out of this in a few years selling the home fora huge profit. a.k.a like buying internet stocks at hyped up priceswith an idea of selling them to a bigger fool at higher prices. aslong as the pyramid continues, it all looks great. didn't we seeenough of that with internet stock bubble?. if so, when does the realestate bubble/pyramid come crashing? Subject: Re: Real Estate prices in San Francisco Bay Area - Los Altos, Cupertino, Saratoga .. From: claudietta-ga on 17 Jun 2002 01:19 PDT I think there were plenty of people with high incomes waiting for thehousing market to adjust, prior to the bubble bursting. Since therecontinues to be a large portion of high income earners in SiliconValley, say >$100k/person/yr; a $200k household could easilty afford a$1m-home. These could be earned by a single CEO or two professionalswith that sort of total income. In the high-end districts, Los AltosHills, Saratoga, Woodside, this is precisely the profile of the homeowners. There are plenty CEOs and professionals (lawyers, engineers,managers) who make that amount of money.I've also heard of many who've lost their $5m-homes, and have had to'settle' for a $2m-home.The very high-end, >$2.5m is where the real housing crisis is inSilicon Valley.claudietta-ga Subject: Re: Real Estate prices in San Francisco Bay Area - Los Altos, Cupertino, Saratoga .. From: krup-ga on 30 Oct 2002 01:38 PST I am baffled that the effect of low interest rates has not yet beenmentioned- people are able to afford more, so they do. It's theAmerican way.Check out Fortune's recent cover article with a pic of an SF domicileentitled, "Is this House worth $1.2 Million?" It sums up thesituation perfectly.http://www.fortune.com/indexw.jhtml?channel=artcol.jhtml&doc_id=209840 Important Disclaimer: Answers and comments provided on Google Answers are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Google does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. Please read carefully the Google Answers Terms of Service . If you feel that you have found inappropriate content, please let us know by emailing us at answers-editors@google.com with the question ID listed above. Thank you. Search Google Answers for all questions answered questions unanswered questions Google Home - Answers Help & Tips - Answers FAQ - Terms of Service - Privacy Policy ©2005 Google

Buy House

house garden book of essential addresses - Buy at the best price on Kelkoo Search all categories Books Cars & Accessories Christmas Gifts Computers & Software Digital Cameras DVD & Video Electronics Fashion & Lingerie Games, Consoles & Toys Gifts & Gadgets Health & Beauty Home & Garden Household Appliances January Sales Kelkoo For Business Mobiles, Phones & Faxes Money & Bills Music Sport & Fitness Travel Wine & Spirits Home > Searched for "house garden book of essential addresses" : Showing 1-20 of 977,794 results (from 725 shops) About the results There were no specific results matching all your keywords. Below you will find results containing at least one of your keywords. 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Real Estate Management, 15th

IREM Home MEMBER LOGIN SEARCH FIND A CPM ® / ARM ® / AMO ® FIND / POST A JOB FIND MY CHAPTER New IREM Course Line-Up for 2006 Featuring many enhancements, updates and additions, IREM’s 2006 education offerings are more relevant to your professional development than ever before. Explore our 2006 course offerings and register for a course – or encourage your employees to enroll in IREM education. View the 2006 course schedule and register today! IREM Foundation Grant Application The IREM Foundation has released a grant application to provide financial assistance for individuals and families affected by Hurricane Katrina. Download the application . Subhead of feature two. Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Mauris fringilla. Ut mattis fringilla turpis. Sed felis risus, faucibus vel, eleifend vitae, porttitor vitae, magna. Aenean a nisl id ante cursus blandit. Proin et justo. Etiam eget erat id quam eleifend tempor. Fusce laoreet eleifend justo. -- JOURNAL OF PROPERTY MANAGEMENT The Institute's award-winning publication. MEMBER SERVICES Online tools and services for IREM members. MEDIA CENTER IREM information for journalists. IREM FOUNDATION Enhances the industry through career development and community service initiatives. ETHICS Codes, compliance, enforcement, complaints. JOIN IREM Become an Associate Member Breaking Legislative News On December 22, President Bush signed the Terrorism Risk Insurance Extension Act of 2005 into law, extending the federal insurance backstop program for two years. Learn more. Principles of Real Estate Management, 15th Edition Updated and expanded, the 15th edition continues to provide comprehensive coverage of all property types. Order now! Get Real. Get Ready. IREM has many resources available for college students. To learn more about IREM and real estate management careers, visit GetRealGetReady.com . IREM.org | Join IREM | Education | Conferences | Public Policy | IREM Store | IREMFIRST | Member Services | JPM About IREM | Chapters | Chapter Services | IREM Foundation | Media Center | Site Map | Contact | © 2005 Institute of Real Estate Management. All rights reserved. IREM ® , the IREM logo, Certified Property Manager ® , CPM ® , the CPM key logo, Accredited Residential Manager ® , ARM ® , the ARM torch logo, Accredited Management Organization ® , AMO ® , the AMO circle logo, Income/Expense Analysis ® , Expense Analysis ® and JPM ® are registered marks of the Institute of Real Estate Management. In principle and practice, the Institute of Real Estate Management values and seeks a diverse membership. There are no barriers to full participation in the organization on the basis of gender, race, creed, age, sexual orientation, national origin, or disability. Moreover, the Institute of Real Estate Management encourages equal opportunity practices among its members. Privacy Policy Privacy Policy | Terms of Use --