<p>Maybe it is better to buy a nice home with acreage instead of dealing with that huge place . Many people must think so considering the price of that huge place .</p>
<p>I know I wouldn’t want to deal with it. I hope someone comes in though. It is cool looking.</p>
<p>Musicamusica – Arcadia, home of the world’s greatest Shanghai soup dumplings at Din Tai Fung! Yum! Have you ever been there? </p>
<p>A new house on our street, almost 4,000 square feet on 3 acres of land, has been on the market for over a month. The initial asking price was $650,000. That is ridiculously high. They’ve lowered it to $625,000, but they’re still dreaming. I would think $500,000 is more appropriate. We are not in a ritzy area! Rural and pretty, but no oceanfront property near us.</p>
<p>A couple of months later, the price has now been lowered to $599,000. Still too high.</p>
<p>Wow, to those of us in So Cal, $599k seems ridiculously low for three acres with a decent-sized house! Then again, i get hives when temps drop below 50 degrees or so.</p>
<p>" Din Tai Fung"</p>
<p>^^We had three meals while in Seattle this summer… Two stores there.</p>
<p>Din Tai Fung is great. Worth the long wait outside. The stretch from Arcadia to Monterey Park is choc full of extraordinary Asian restaurants and grocery stores. Yet another reason why so many wealthy mainland Chinese are attracted to living here. Okay by me!</p>
<p>btw—this is the sort of listing that is blowing my mind:</p>
<p><a href=“http://www.zillow.com/homedetails/1121-El-Monte-Ave-Arcadia-CA-91007/20894659_zpid/”>Real Estate & Homes For Sale - 18656 Homes For Sale | Zillow;
<p>My acupuncturist who is from China use Arcadia as an example when she told me to buy our current home. She said Chinese people will drive up the price in our area. Some people doesn’t look like they even speak English.</p>
<p>Wow, Musicamusica, that’s completely crazy. Time to cash in! </p>
<p>Not everything in CA is golden, you can still buy Single Family home for $70K in “the Greater Bay Area”</p>
<p>Do we really think Modesto is in “the Greater Bay Area”…I think that’s quite a stretch. Thad said 70K is definitely a deal. </p>
<p>I have a friend from Modesto who is doing business in San Francisco. Obviously he is not a commuter. </p>
<p>Real estate is still slow where we live. The house next door to me has been empty for just over a year. It is bank owned and on the market for quite a bit less than what we bought our place for back in 2007. It’s a steal really and some of the neighbors are pretty upset over it, since they wanted to list their homes.</p>
<p>Artlovers,
whatever happened to the renters with the pony??</p>
<p>Jym
He got rid of it. Thanks</p>
<p>I have a good real estate problem. Received an offer for our vacation home that is 45% more than we paid for it. People who had looked at our place before we bought it, called to find out who bought it and then when they learned we had upgraded asked to see it. Agent called and asked if she could show it, we said fine and thought nothing of it. Now we have an offer. H is ready to retire and wants to take the offer and buy another (smaller) vacation home in the same place. I love this house and really don’t want to go to another. R.E. agent sent us listings for lesser properties but none seem as nice as our property. Going over Thanksgiving to see other properties.</p>
<p>DS and fiancée still looking at housing possibilities in a specific area of SF. Prices are ridiculous and they still get outbid. </p>
<p>^^Job prospects lead the housing prices, you have to think out of the box. There are less desirable areas in SF that is affordable and up coming…</p>
<p>Because of where they each work, they have identified this particular neighborhood (its actually a little teeny less expensive than the other neighborhood they considered). They are not in a rush, so are looking around.</p>
<p>According to this article, prime real estate in Manhattan is running $3,000 per sq. ft.</p>
<p><a href=“No end in sight for New York's multimillion dollar housing boom”>No end in sight for New York's multimillion dollar housing boom;