Read the full story here Web Link posted Monday, December 18, 2017, 8:28 AM
https://n2v.almanacnews.com/square/print/2017/12/18/bidding-wars-midpeninsula-homes-sell-for-1m-over-asking-prices
Town Square
Bidding wars: Midpeninsula homes sell for $1M over asking prices
Original post made on Dec 18, 2017
Read the full story here Web Link posted Monday, December 18, 2017, 8:28 AM
Comments
Posted by Kent
a resident of another community
on Dec 18, 2017 at 2:08 pm
a resident of another community
on Dec 18, 2017 at 2:08 pm
Better watch out for new Trump's taxes plan.
Posted by Marvin Kovacek
a resident of Menlo Park: other
on Dec 18, 2017 at 9:17 pm
a resident of Menlo Park: other
on Dec 18, 2017 at 9:17 pm
This is why the Peninsula never produces enough new housing to meet the supply/demand levels of the past -- the new "landed gentry" is doing everything it can to maximize its windfall profit. Sure, orchards and Ohlone land were paved over for suburban sprawl, but building apartments? That'd destroy NEIGHBORHOOD CHARACTER!!!
Posted by Resident
a resident of Menlo Park: Belle Haven
on Dec 25, 2017 at 10:59 pm
a resident of Menlo Park: Belle Haven
on Dec 25, 2017 at 10:59 pm
My wife and I tried to buy a starter house in Bell Haven back in 2011. We had a 812 FICO. And $30,000 for a.down. the house was $279,000. We got out bid by people who were not residents of the U.S. where did there money come from? Our government, and banks looked at our records under a microscope. I guess if you are from another country, and pay the government 15%, they will turn a blind eye. They U.S is the biggest money launderer in the world. I wish We could buy in Mexico or China, but there are rules against U.S. citizens buying in those countries... Thanks a lot U.S. for screwing over your own people.. Here is another clincher. If you are undocumented, you get free medical.
Merry Christmas.
