Today's Times/Mercury News has an intriguing article in the Business section about national real estate prices here. The piece uses PropertyShark's data and places B'game at 24th nationwide as a pricey zip code. Neither the charts nor the commentary (mostly from a Palo Alto realtor named Alex Wang) note that we share 94010 with Hillsborough. That is not a minor oversight. Here is the fun part of the article
Just look at Burlingame. The median price there was $2,215,000 for 415 sales, the most transactions among the top 25 ZIP codes. Total sales volume exceeded $1.1 billion.
"Burlingame has become like the Palo Alto of the north," Wang said. "It's that next place down (from San Francisco) -- beautiful downtown, very vibrant, has good schools and a lot of local amenities, a good option for families."
He overlooked the fact that we have two downtowns, but he is otherwise on target as we have noted here, here and here. The question is how do we keep from killing the Golden Goose?
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