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EBGuy
2013 Sep 12, 7:47am
I'm not sure Blackhawk is really representational of the Bay Area market, but I must say, there are some sweet, glub, glub, glub, I'm-still-underwater listings.
http://www.redfin.com/CA/Danville/4436-Fleetwood-Rd-94506/home/1296575
http://www.redfin.com/CA/Danville/3004-Live-Oak-Ct-94506/home/1529423
These, however, are not the majority of listings. In fact, Ben's operation price supports did quite well around here.
Bay Area leads in underwater mortgage rebounds
I drove through Blackhawk today to visit a friend. I was floored by all the forsale signs. Normally, this place has hardly anything forsale, now it seems like every 3rd house is on the market. Guess the property tax and HOA is getting too much for many.
http://tinyurl.com/l6agxs7