by pkowen follow (0)
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I agree, prices on the peninsula are still much higher than they will eventually be. A tiny house for that much money is a symptom that the market around here is very dangerous for buyers.
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http://www.redfin.com/CA/San-Carlos/1223-Alameda-94070/home/1014643
See, this is why I think the peninsula still has a way to go: down. 890 sq ft crappy little house, lot is below the road, the road is VERY busy. SIX HUNDRED THOUSAND DOLLARS. But the weather is so nice, I guess. ;)
Seriously.