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Article #129

Re: Will Bay Area pricing ever drop?

#129
From: Pjtg0707
Date: Mon, 20 Mar 2000 00:00
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On Mon, 20 Mar 2000 08:23:18 GMT, usenet201@hotmail.com <usenet201@hotmail.com>
 wrote:

Not very likely in the near future.

My sister, who bought a house in Saratoga 4 years go, now finds her house
literally quadruple in price during last 18 months alone.

She happends to be a real estate agent in the area as well. According to her,
there is actually a shortage of 3b houses in the area, and she actually has 
lots
of people from local hi-tech companies calling her and bid on houses 
that goes on the market at 1 million+. 

It's kind of hard to imagine anyone having that kind of money for a house,
but there are people like that out there.

Saratoga is probably not a good example, but people have to live near where
they work, and lots of people want to live near pretty much the same 
places.
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From: Pjtg0707@Netscape.net (Pjtg0707)
Subject: Re: Will Bay Area pricing ever drop?
Date: 2000/03/20
Message-ID: <slrn8dck53.5lm.Pjtg0707@doc.frogsfanny.com>
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