Why I'm moving out of the SF bay area...

[Nathan A.]

Not that I am planning on moving to Oklahoma...but I think this is crazy.

Oklahoma City, OK home:

Price: $2,950,000

6 bed, 6.5 bath, 12,186 sq. ft.

$242 per sq. ft.

Lot size: 2.28 acres

Palo Alto, CA Home:

Price: $2,895,000

3 bed, 2 bath, 1,357 sq. ft.

$2,133 per sq. ft.

Lot size: 6,873 sq. ft.

*(BTW, this has been on redfin for 13 days, and is pending as I write this; the OK home has been on the market almost half a year)

Put the pictures really tell the story:

https://www.redfin.com/CA/Palo-Alto/1879-Hamilton-...

https://www.redfin.com/OK/Oklahoma-City/2204-E-Ove...

**Please note: I have lived in the bay area for the last 10 years, and have managed 100+ properties on the peninsula, so I get it. But I still think it's crazy.

[Jay Hinrichs]

one thing to keep in mind ultra high end in the mid west is some of the softest real estate in the market today.. there is only so many  Blake Sheldons in the world that want to live in some of these areas.. LOL.

but of course there are plenty of very wealthy oil folks in those areas as well.

I grew up in Cupertino and bought my second home not far from this one in Palo Alto for 185k.. in the mid 80s.. I guess I should have kept it as a rental.. but it would not cash flow it would have cost me 300 a month to keep it at the time.. you know that thought process.. that is so popular on BP.. :(