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Is the Peninsula's real estate market on the road to recovery?

Original post made on Apr 16, 2023

After a drop in sales activity at the end of 2022, homebuyers made a comeback early this spring. Whether the market will remain on track for a healthy recovery, however, remains unclear following the collapse of Silicon Valley Bank.

Read the full story here Web Link posted Sunday, April 16, 2023, 9:16 AM

Comments (2)

Posted by Steven Goldstein
a resident of Old Mountain View
on Apr 16, 2023 at 6:44 pm

Steven Goldstein is a registered user.

OMG,

This is a Sales Ad impersonating as news. Using Fear of Missing Out or You Only Live Once as a closing strategy.

Properties are going down in value, IT'S A TRAP!!!


Posted by Joe Redmond
a resident of Another Mountain View Neighborhood
on Apr 18, 2023 at 4:19 pm

Joe Redmond is a registered user.

I don't think housing prices going up constitutes a "recovery" to me! Housing is a zero-sum game here, and to those of us stuck with renting, a "recovery" is when prices go down, not up.


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