September 29, 2007
What the?
It appears that, according to the cost of living index, that overall things have pretty much leveled out from 1990 to 2007. But looking at housing costs in our lovely Bay Area during that same time, something looks rotten in Denmark (I mean the Bay Area). Are we way overpriced or what?
Hayward
3484 Pinewood Dr. (4/2.5 – 2608 SF) went from $285,000 in 1989 to $820,000 in 2007.
Fremont
Looks like Fremont has an odd one here:
997 Hunter Ln. (4/3 – 3549 SF) went from $2,000,000 in 1990 to $1,721,000 in 2007.
Milpitas
31 Jacklin Cir. (3/3 – 1657 SF) went from $190,000 in 1995 to $665,000 in 2007.
Newark
36107 Bayonne Dr. (5/3 – 1763 SF) went from $205,500 in 1990 to $570,000 in 2007.
Real Estate Terminology:
Circuit Breaker - An electrical device that automatically interrupts an electric al circuit when an overload occurs. Circuit breakers can be reset and today are used instead of fuses.
