A Perspective on Real Estate in La Honda
Below is an excerpt from sfgate.com about La Honda real estate.
Full article is at: http://sfgate.com/cgi-bin/article.cgi?file=/c/a/2005/04/17/REG3QC9NN81.DTL Article by Kelly Zito, Chronicle Staff Writer on Sunday, April 17, 2005 "I'm hoping that two people want it and might bid it up a little," said Robert Ewell, who put his one-bedroom La Honda cottage on the market for $459, 000 about six weeks ago. "…La Honda, a San Mateo County hamlet of about 2,600 tucked in the Santa Cruz Mountains, is about as far away from the real estate froth as one can get even though it's only minutes from Woodside and about a half hour from the hub cities of Silicon Valley. Ewell, 62, acknowledges the area is not for everyone. He jokes that he has crackers ready for visitors, many made queasy by twisty-turny route to town. Those rustic surroundings drew Ewell, a carpenter, to the area seven years ago. But with more homes selling in the $1 million range and an influx of yuppies, he hopes to move to a place where underpricing and multiple offers are even less common. "La Honda's gotten too busy for us," Ewell said. "We're thinking of going somewhere really inexpensive like the foothills of the Andes in Argentina." Still, for buyers like Hurwitz, the San Francisco shopper, a cabin in La Honda or Santa Rosa is out of the question. Hurwitz, who places proximity to cafes and shops at the top of his must-have list, may start shopping in Visitacion Valley or Sunnyside. He no longer wants to cross a bridge or sit in traffic on the way to his job as an accountant with state court in San Francisco. "I grew up in the Bay Area, and I always thought I'd live in San Francisco at some point," he said. Posted by Scott Hayes (message #7321)