Bay Area Real Estate Market

Quote from Maverick74:

What is the Santa Rosa area like as far as prices. Also the Healdsburg area. How does this area compare to the immediate bay area and San Jose?

OK, back to this question. Aside from prices, what do you guys think of this area as far as a place to live. It seems to a be a nice quiet area away from the city. Pros? Cons?
 
There are many "nice and quiet" areas away from the City, some of which aren't even that far away from the City.

The questions is, do you see yourself working in the City?
Is there a need to be close to the City at all?
 
Quote from waggie945:

There are many "nice and quiet" areas away from the City, some of which aren't even that far away from the City.

The questions is, do you see yourself working in the City?
Is there a need to be close to the City at all?

I'm a self employed man Waggie. No need to be in the city.
 
Quote from onewaypockets:

Greenspan has created quite a monster (real estate included) it seems....



I live in Mill Valley and have a wonderful little apartment (600 sf)that costs me $1000 a month. I've thought very long and hard about purchasing a place (even put in a couple bids) because everyone around me is making tons of money.


Here's my biggest issue: A condo the same size as my apartment would sell for about $420,000 in Mill Valley. If you add in the HOA's, Taxes and Ins and take out the tax effects that would mean that my apartment would cost about $1900-2000 a month (maybe a little more)

In essence what I'm saying is that the Price to Earnings ratio for the Bay Area real estate market is completely out of whack. There is no relationship between Price and Earnings.


I would much rather buy 2 respectable houses in Fresno for $180,000- $220,000 rent it out for a price much closer to the monthly mortgage cost (if not over) and keep my Mill Valley apartment.


This thing is a house of cards
 
Don't forget about quake insurance if you choose to buy a house in the Bay Area...

I don't believe there is any major fault line in coastal San Diego and Orange County. Correct me if I am wrong.

Quote from Maverick74:

Wonderful. There's always a catch.
 
Quote from Maverick74:

Waggie, I think you have to forgive CalTrader. He seems to be a very insecure person. He has probably suffered from insecurity his whole life. Guys like him feel the need to bring attention to themselves as a desperate cry for help. Maybe his mother didn't love him enough, maybe his wife complains too much about his 3" cock, who knows, it could be any multitude of things. The only joy that he has in life is to come on an anonymous message board and tell people how many companies he owns, although he won't name one of them, and talk about his quant shop, which also doesn't have a name, and talk about his trading prowess.

How this guy finds time to run a quant fund and several other tech shops and at the same time daytrade TASR is beyond me. You know the old rule, the more they have to talk about it, the less they probably have.

or maybe you are such an impotent ass that you need to call other people names to get your point across.

Maybe some day you will get that sex change operation that you are saving up for witrh your pennies from daytrading ....
 
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