Seems outrageous. But it’s near work with great schools. We already purchased & live in a large 4bed 4bath house in a nice but cheaper neighborhood (still south/west of peninsula). Kid already in a private school. #housing #mortgage NW $6m
-Imagine having a household income in the top 1% in the country, closer to top 0.001% in the world -Imagine spending $4M on a house in order to raise a family not in 800 square foot cockroach conditions -Imagine living paycheck to paycheck to afford your mortgage, while “getting rich” on paper -I...Read more
I feel like the window to buy an acceptable, livable house is moving to the right (in terms of age). Given that and numerous other factors around affordability and wage growth, who can really afford to buy a 3 bedroom house that might potentially cost anywhere between 2 and 5 million. #housing #mort...Read more
I’m looking for 2B apartments somewhere between SF and South Bay. My office is in SF (2x a week) and social circle in south bay. Any good suggestions? TC: $400K YoE: 14 #housing #sanfrancisco
After visiting one of the agrihoods in GA, I feel the urge to get away from corporate work and move to the place where I can still leverage my IT skills and contribute to the community by farming and keeping food prices low and maintain high quality living via house modeling and design choices. As r...Read more
https://www.redfin.com/CA/Fremont/43577-Southerland-Way-94539/home/643830 Dec 2016: bought for $1.7M April 2024: sold for $3M That’s a gain of 1.35M in under 8 years. That’s not possible in the stock market because real estate gives you the crazy leverage with mortgages. Congrats to the seller, a...Read more
What are the most profitable house hustles you can do in Bay Area? Like buying a house and remodel it (build ADU) and then sell for profit, buy house for AirBnb or something else?
Hey! I’m moving from the Midwest to Westfield, just got an offer accepted too. Anyone here from the area or live in it, and how do they like it? We loved it when we visited, my commute would just be to Penn Station so not too far. I have my wife (SAHM, a kid, 2 dogs.
In the DC/VA/MD area a 1-2 bed condo or townhouse in the neighborhoods we’re interested in typically go for an average of $4k a month in rent, or $800k-$1.3M to buy comparable (so monthly cost of $7k-$10k for mortgage + other expenses to owning). That’s the cost for places that aren’t even that nice...Read more
Moving from Atlanta and New to Seattle. Which Eastside area SfH can I target to buy with budget of 1.3M 🥜? Down payment 400k, desi couple no kids. HHTC 400k
Current rate looks normal in most countries. Why not just keep it as long as possible?
https://redf.in/QgTx5p The area looks decent but the schools are just average. #housing #sanfrancisco #mortgage Blind tax: 460k
I know a lot of folks with half a million savings that want to buy a house. Some buying for family expansion or some just want an upgrade. Most of these money are saved during Covid sitting on asses. The minimum wage of nyc is already 16 and the toll is 20. Which are 8 and 11 from ten years ago. Has...Read more
My friend has a closing of his new home next week with Pulte. However, he has all his savings in Marcus account($90k). He tried to transfer the amount to checking as it did not allow him to transfer to external account. And the account got locked 🔒 He then reached out to customer support- they we...Read more
Without a pay rise on base salary at Amazon this year, it is a shame borrowable amount for a mortgage sucks as most lenders will not consider RSU scheduled to vest as income.
Which one is preferable for families? Commuting to Kirkland. 500k TC, 640k HH income
DINK couple. Not super keen on buying a home in the near future. Online calculators are crap and don’t control for lifestyle or even taxes.
530k over asking price 1M over 5 months ago Historically this area (Santa Teresa) is not this hot. https://www.zillow.com/homedetails/5742-Goldfield-Dr-San-Jose-CA-95123/19828781_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare
I locked rate with one lender today he gave me 7.125 for 30y fixed, chase gave me 7% today for 30y fixed, can I lock rate with chase as well? My credit score went down after hard inquiry with first lender, is it gonna show the lower score for chase? Or it’ll be original one? Also does score will go...Read more
Looking to move in towards the end of next month and could use some recs on the best areas to live in near San Jose. Hoping to be near the airport (< 25mins). 1 bedroom + den is ideal. Budget is $3500. Looking for something modern and not too quiet of an area. #bayarea #apartments