Real estate: What are you seeing?

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<p>Some places in Mill Valley do have great views. Not quite like Tiburon though. Mill Valley has great hiking. You can get lost in the woods if you want. </p>

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<p>I am seeing slow downs in RE prices and Days On Market. Multiple offers are no longer, price changes are rampant. Some REOs and Short Sales are still there. But I am not qualified for Tiburon by a long shot. :)</p>

<p>I thought the homes at Belveder starts with 20M, I could not dream of owning one there, even if I can, I cannot afford the taxes.</p>

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<p>You can buy a place in Belvedere in the 2+ million range. You can pay a lot more too.</p>

<p>I dont think I can afford Belvedere or Tiburon anymore. I’m retired. :slight_smile:
That’s ok. There are plenty of places to live that are nice all over the country. Besides, when we lived in Tiburon, my wife said she was the only woman who lived there that did not have plastic surgery or used botox. That is only a slight exaggeration. :)</p>

<p>I think I originally brought up Tiburon because of the views. And as busdriver11, noted, they are spectacular.</p>

<p>So back to the real world…
Artloversplus, are you seeing actual home prices declining? </p>

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<p>One of my re friend told me he sold a house in San Jose for 100k less than a similar house in the same neighborhood. That maybe an extreme example but things been cool down a lot. </p>

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<p>I also prefer the top floor so I can have the best views and avoid hearing people walk above me. </p>

<p>Only disadvantages I found is how the top floor tends to get really hot in the summer due to greenhouse effect and/or warm air rising from below and leaks in ceiling after heavy rains on occasion. </p>

<p>As an aside, is it just my friend’s condo unit or are many modern condos in the Seattle area built with exceedingly thin walls/floor/ceilings? </p>

<p>While visiting his place, I noticed how loud all footsteps were in his apartment as well as some of his neighbors, even if they themselves stated their upstairs neighbors aren’t heavy footed and it was due to the extreme thin construction of the floor/ceilings between floors. </p>

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<p>“As an aside, is it just my friend’s condo unit or are many modern condos in the Seattle area built with exceedingly thin walls/floor/ceilings?”</p>

<p>I suspect it is not Seattle in particular, but an aspect of newer construction is that it is built based on cost, not quality. I doubt it is regional in any way. Look at how poorly many new homes are built compared to the older ones, built to last.</p>

<p>We have a couple other units that are relatively new. One of them, there is so much street noise that I can’t believe we always manage to rent it, and another one on a bottom floor, that when the kids above us were running around, I thought someone was teaching an exercise class to obese people. So loud. But our oldest unit is very quiet, even though it’s the one that’s probably worth the least.</p>

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<p>dstark, I know you are looking for you son. If you are buying - The Breakfast at Tiffany’s brownstone is for sale. You could own a piece of movie history for only $8 million. :smiley: </p>

<p><a href=“'Breakfast at Tiffany's' brownstone for sale”>http://www.timesunion.com/realestate/article/Breakfast-at-Tiffany-s-brownstone-for-sale-5853708.php&lt;/a&gt;&lt;/p&gt;

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<p>Emilybee, lol. Thanks for the link. </p>

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<p>Well, for you bargain hunters, I found this for you. I said earlier that I live in a pretty affordable area…<a href=“Dixon, IL - Old House Dreams”>http://www.oldhousedreams.com/2014/08/13/dixon-il/&lt;/a&gt;
One never knows when one will need two auditoriums.</p>

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<p>Onward, that is one heck of a place. </p>

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<p>OMG onward. $160K? And just needs a little TLC…</p>

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<p>I was thinking they left out a zero in the price. However, I did notice that it is 150 years old, and they had a note about verifying zoning. There may be something going on that is unattractive to buyers, like having to spend hundreds of thousands of dollars on repairs, or getting it up to code, or something. It always turns out that if a property is WAY too good a deal to be true, there’s something seriously wrong with it.</p>

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<p>Maybe haunted, sorry it’s close to Halloween.</p>

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<p><a href=“211 E Everett St, Dixon, IL 61021 | realtor.com®”>http://www.realtor.com/realestateandhomes-detail/211-E-Everett-St_Dixon_IL_61021_M74221-04273&lt;/a&gt;&lt;/p&gt;

<p>nope- no typo. Who ya gonna call??? Ghostbusters!</p>

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<p>Haunted makes sense. Otherwise, why grossly underprice something that large?</p>

<p>But I’ll bet you’d have to pay a lot of dough for those Ghostbusters, their prices have gone up.</p>

<p>I really liked those movies.</p>

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<p>It probably need serious work. There was a sale pending that either fell through or was cancelled.</p>

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<p>Wow! That could be a really fun project. I wonder if there are issues with asbestos, lead paint, mold, or ? Otherwise, that’s a crazy low price.</p>

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<p>THIS is what’s happening in my neighborhood. I had sworn that I would never leave my house…but with valuations leaping from 300 per sq foot two years ago to 700 per sq foot now…anything is possible.</p>

<p><a href=“Bloomberg - Are you a robot?”>www.businessweek.com/articles/2014-10-15/chinese-home-buying-binge-transforms-california-suburb-arcadia</a></p>

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<p>Musicamusica, wow!</p>

<p>Good thing there is prop 13 or your assessment would go through the roof.</p>

<p>Had no idea that was happening down there. Those price increases are larger than what is happening in SF.</p>

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<p>Dixon is a small city of about 15,000 and probably not too many people there need this large of a house. It is in foreclosure. I have never heard that it is haunted. I think what hurts it as far as using it for events is parking. I looked at the satellite view and the parking lot is not big and it is surrounded by residential lots. Housing out here is affordable. You can get a nice home with acerage for under $300,000.</p>