Real Estate Insanity

Living in ‘Silicon Valley’ is interesting for many reasons, not the least of which is the zaniness of the housing market. Having grown up here in the 60’s and 70’s, I was oblivious to this phenomenon, thinking that it was normal. That is until I moved to Arizona for more than a decade and returned.

When we returned in 2014, we knew that we were in for a shock. When I moved away in 2003, the condo I bought in 1999 for $249K, sold easily for $350K, an amazing return on my investment. Continue reading →