Town Square

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!!!

Report Objectionable Content

Email Town Square Moderator

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.

Report Objectionable Content

Email Town Square Moderator

Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.

Town Square

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

Stay informed.

Index