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> My point being that the houses are being listed and sold in a short time frame. That suggests that the housing market is pricing appropriately for the buyers.
by mrexroad 10y ago
> My point being that the houses are being listed and sold in a short time frame. That suggests that the housing market is pricing appropriately for the buyers.
i live in sunnyvale. along the ~0.6mi route between my house and the kids' school, 3 houses in past month or two come to market and each sold after just a single weekend of open house. i've actually been surprised at the speed of sales in recent weeks.
> Sunnyvale has a ballot measure (https://sunnyvalepubliclandsact.com/ https://sunnyvalepubliclandsact.com/) that is seeking to limit how the city can transfer park land to developers to turn into houses (or hotels, or office parks). That measure is an artifact of all the building that is going on.
kinda. this is more about what happened w/ raynor park after selling the adjacent school, but there are a few other deals in sunnyvale (e.g. city buildings). i spend a lot of time over at raynor with our little league, and my biggest issue is that a private school now has priority use of the fields during specific hours. oh, that and they paved over one of the baseball fields (well, backstop + grass) after the city gave away the small strip of land along the school. over in santa clara there's been some f'd up tactics around Levi's stadium to get park land (using term loosely) developed. BMX track and soccer fields will be missed.