Posted on 04/26/2021 5:21:08 PM PDT by nickcarraway
The hopeful homeowners showed up in droves, queuing on the sidewalk in front of Santa Clara real estate development Nuevo Homes and settling into their makeshift campsites for the night. Then, they waited.
The scene resembled some sort of bizarre Black Friday sale with a line of people stretching down the block, many of them lingering there for hours.
The doorbuster deal in question? The chance to buy a newly built townhouse, 18 of which were listed for sale on Saturday morning at a fixed price of $1.2 million, reports NBC Bay Area. The properties were constructed by SummerHill Homes, which has completed more than 70 developments in the last 40 years, according to its website. Nuevo is among its most recent projects, debuting 331 homes as well as 20,000 square feet of retail and restaurant space in Sept. 2019.
“It’s really hard to get a house in Silicon Valley,” real estate agent Nancy Reynolds told NBC Bay Area, adding that she took turns waiting in the line overnight with her clients. “And probably most people in line know which lot they want.”
Another realtor, Jeremy Naval, said he had been at the development since Wednesday. The general consensus among those vying for one of the townhouses was that it was easier to wait in line for hours than to engage in a bidding war.
“My client just really, really wanted to be the first one, so I promised him. I said, ‘Whatever I have to do to get you the first one, I’ll do it,’” Naval told NBC Bay Area.
As of Sunday morning, over 240 homes at Nuevo have been sold, encompassing more than 70% of the development.
WTF wants to buy in THE TOILET BOWL???? SICKOS.
Santa Clara is decidedly not a toilet bowl.
It’s a fine little city.
And one that makes it possible for you to demonstrate your emotionally driven lack of knowledge online.
It;s in California...a TOILET BOEWL of a STATE! I used to live in SF.....now a SEWER!
1.2 for a sh*t box starter box. Good luck with that. This will not end well.
Ah, is this not the same bunch that decides what is allowed 'online'? Fine little city you have there... where some animals are above than the rest ...
uh oh....sorry about saying something bad about your lovely place you got there....please stay.
Nuevo Homes
population replacement
Stupid is as stupid does.
But it's still controlled by the leftist in Sacramento, SF and LA. The freedoms I have now would get me thrown in a cage in CA, and unlike CA, we don't welcome in and encourage millions of illegals to enter.
Yeah there are some nice looking areas in Santa Clara, but you better be very well off to even think of buying any property. Middle class folk need not apply.
It’s apparent the only time you ever left SF was to go to LA.
Your insular life has led to ignorance.
“Ah, is this not the same bunch that decides what is allowed ‘online’?”
They only control what’s on FB and Twit.
Stupid people get their information there.
We are “online” now, and nobody has influence over what we say.
Are they all tech people? Wonder what will happen when CornPop and President Harris open up the floodgates of H1B visa recipients. There can’t be that many tech jobs.
And like CornPop has said, foreigners have every right to compete for jobs with US workers.
Capitalism says that if there that many people willing to pay full price, then your price is too low.
They’ll be worth half that soon
Suckers.
1.2 mil must be a chit hole
What I was thinking. 1.2 million for townhomes?
I’m thinking beachfront properties? Nope, not in this case.☺
A fool and their money are soon parted....
;-)
Freepers couldn't be that off base...
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