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Once the housing market is at a standstill, houses like the one SFBB is bidding on will be ideal. Similar to buying from long time owners with high equity, with the added advantage that the heirs would like to get cash NOW.
SP,
But missing-pirate induced global warming could destroy BA's cool nights.
After all, have you seen a pirate lately? Outside of SF's gay pride parades?
Well, I think we're going to submit the lowball. The worst that happens is we don't get the house and piss off an heir/etc we'll never meet.
With Bay Area’s climate, a properly designed house will NOT have inside temperature above 75 degrees at 10pm.
When outside temperature is 82 degrees, it is difficult to keep cool inside. I would say that A/C is necessary anywhere in the world. I remember once being thankful for having A/C in an Oslo hotel room.
After all, have you seen a pirate lately? Outside of SF’s gay pride parades?
I saw many pirates in Mountain View. But that was inside a movie theater.
My builder here in Boise, Syringa Homes, is an Energy Star Certified builder (for whatever that's worth). My house is engineered for conservation up the yin-yang. During August, when it generally gets into the 90's and even a few days in the low 100's, my electric bill stays around $50 a month. I use the same method I did in San Jose (except I didn't have A/C there). I close up the house when I get up in the morning, and it passively stays cool until around 4PM when I turn on the A/C. Then around 9PM, when it's cooled off outside, I turn off the A/C and open the windows again. Having ceiling fans helps.
Winter is a little more extreme in Boise. January this year had typical highs from 10-20 deg. F. - that's cold. Natural gas bills got as high as $200 a month for January, but nowhere near that high in other months.
My house here in Boise has 1,980 square feet.
My San Jose house, built in 1959, was a bare cage of 2 x 4's nailed up with chicken wire and hey-presto a half-inch layer of stucco sprayed thereon. No wall insulation, and only about R19 in the attic added by a previous buyer.
My Boise house, built in 2005, has a cage of 2 x 4's but more often 2 x 6's, 2 x 8's, or better. A layer of 9/16 CDX is nailed up over the cage, a layer of Tyvek is applied, and then the final siding is added. The final siding is 3/8 manufactured siding, which is made up of wood fiber, glue, concrete, and who knows what. R19 insulation is added to all walls and the floor (I'm on a conventional foundation) with R38 in the ceiling. The garage is less-well insulated but the two roll-up garage doors (3 car garage) and man door are all insulated and weatherstripped. Bleed heat from the insulated water heater and furnace keep the garage above freezing all winter long.
The weatherstripping of the house is something to see. All wires and pipes have that spray-can expanding foam applied at all holes. All electrical outlets have the foam gaskets applied. When the double-pained windows are fit, the openings are multiple wrapped with Tyvek, foamed up, and then fitted a second time once the windows are nailed in.
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"It never goes down", "it's always a good time to buy", "you're just paying someone else's mortgage", "rich dad poor dad", "renters are loosers [sic]", "San Francisco median is up another 6%"...
This link is for you, the mentally challenged who cannot comprehend that the price of a house goes up, goes down, goes up, goes down. Since even the most slobbering imbecile has likely ridden a roller coaster at some point in his or her life, here:
Pretend you're riding this roller coaster, and the hills are the actual historical prices to-date. You tell me, what do you think is coming next?
---Randy H
#housing