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The East Bay is on Fire


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2012 May 3, 7:13am   45,716 views  153 comments

by gregpfielding   ➕follow (2)   💰tip   ignore  

It's not that sales are through-the-roof, but they certainly are very high compared with the number of properties for sale. The Supply/Demand balance is looking like 2005.

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150   SiO2   2012 May 7, 2:26am  

bmwman91 says

Anyway, I have been looking at stuff up in the Fremont & Hayward hills. It would be great to have easy access to the trails, and maybe some additional peace & quiet. For those that live up there, how's the commute to the SV? I dread going near 880, but some have said that traffic has improved or something. 237 looks nasty! Shit, it seems like I should just stash a power boat somewhere down there & shoot over to Stevens Creek. Hell, I could ride up that, stash it and walk 100ft to my office!


Prices up in the hills are a little high for my liking. Maybe sometime next year they will have fallen a little more, assuming inventories recover.

BMWman,
i reverse commute on 237 (go east in the AM). That's smooth, but the west in AM, east in PM looks ugly. West in the AM, and S on 880 in AM seems bad as late as 10 am. East 237 in PM is bad past 7 pm.
There is the express lane from 880S to 237W and vice versa, so you could get a BMW motorcycle! or carpool, or pay the toll.
Google Maps now shows the time for a given route, based on current traffic conditions. I tried it a couple times and it was accurate, so you could fiddle around with that. I'm not sure how it handles roads with carpool lanes though. Imagine 237 W in AM; on average the traffic speed may be 30 mph, but it's like that by the 2 right lanes being 20 mph and the carpool lane being 55 mph.

Parts of Fremont are pretty nice, but, it varies widely. Mission San Jose area is nicest, but it's expensive, Cupertino-level. While most of Fremont is the same school district, there's a wide variance, so the part that goes to Mission SJ pays a premium for that. It's risky though; a few years ago they changed the borders so people on the edge, who had paid a premium for MSJ, then lost it.

the eastern part of Milpitas is not bad, actually in the hills there's some nice houses, and the commute is a bit shorter.

151   freak80   2012 May 7, 2:29am  

Whoa whoa wait...this is a housing thread? I thought it was about...oh wait nevermind. It does say "East Bay is On Fire" so I guess it is about real estate. My bad. ;-)

At first I thought the thread was about another wildfire.

152   bmwman91   2012 May 7, 4:02am  

SiO2 says

Parts of Fremont are pretty nice, but, it varies widely. Mission San Jose area is nicest, but it's expensive, Cupertino-level. While most of Fremont is the same school district, there's a wide variance, so the part that goes to Mission SJ pays a premium for that. It's risky though; a few years ago they changed the borders so people on the edge, who had paid a premium for MSJ, then lost it.

the eastern part of Milpitas is not bad, actually in the hills there's some nice houses, and the commute is a bit shorter.

Thanks. What you mention about 237 is sort of what I was expecting. Yeah, I'd rather chock up the bridge toll than pay that much of my time. Then again, 101 to/from Willow Road sucks ass too lol. Maybe that is why rents are shooting up around Mountain View...without wild housing price appreciation, people don't think the commute is worth it. Then again, if traffic so so bad, people obviously live over there!

School districts are not really a concern of mine. My plans only really include 1 kid (3-5 years from now), and I am a big believer that parenting matters more than the school. That, and I can probably just send them to parochial school if the public ones are THAT bad.

So, for now anyway, I think I'll just keep enjoying my "renting for less than buying" setup & my 5 minute bike ride to work...while I still can!

153   RealEstateIsBetterThanStocks   2012 May 7, 7:01am  

well if you look at the bums living under the freeway underpass every morning on the way to work, most are white. so maybe those asians' mouths were open because they were looking at those...

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