Bleak outlook offered to most home buyers, as prices continue to swell
By Austin Walsh
County Realtors are sending a simple message to potential home buyers not a part of the local high-tech, life sciences or other lucrative local job markets — good luck.
“If you are an average Joe, it’s very difficult for you to buy a house,” said Realtor Jeff LaMont. “If you are a school teacher or an auto mechanic, you are kind of screwed. It’s really, really tough.”
The bleak sentiment is borne out through the most recent figures offered by the San Mateo County Association of Realtors, which shows the county’s median home sale price last month reached $1.8 million. – See more.