Crazy Tech Money - Real Estate

[cawacko]

A 971 sq.ft. home in Palo Alto was on the market for $948k, got 12 offers, and sold for $1.35 million. Wow. There's a picture at the link. Kind of hard (at least for me) to wrap your mind around this one.


http://blog.sfgate.com/ontheblock/2012/05/11/real-tales-of-bay-area-bidding-wars/

 

[Cancel 2016.11]

Holy shit, on LI that kind of house is always located in areas not really considered good locations. And in bad school districts. That'd go for about 200 here I bet right now. Yeah, wow.

 

[Don Quixote]

Holy shit, on LI that kind of house is always located in areas not really considered good locations. And in bad school districts. That'd go for about 200 here I bet right now. Yeah, wow.

welcome to silicon valley, ca - the tech bubble has yet to burst again and may be leading the way out of the recession

 

[Cancel 2018. 3]

wow...that is amazing...and the house approx 20 minutes south in cupertino went for less and has 4/2...

is south palo alto that desirable?

 

[Don Quixote]

wow...that is amazing...and the house approx 20 minutes south in cupertino went for less and has 4/2...

is south palo alto that desirable?

it did not used to be