Teacher:In this task, you are given a text of many news articles seperated by special token "|||||". Your task is to summarize them.
Teacher: Now, understand the problem? Solve this instance: SAN JOSE — What can $800,000 get you in the Bay Area’s red-hot housing market? 
  
 In San Jose’s desirable Willow Glen neighborhood, that sum will land you a tiny, burned-out shell of a home. Unless, of course, the property follows the current trend by selling for over the listing price. 
  
 The owner of the 1,066 square-foot home on Bird Avenue, which was all but destroyed in a fire two years ago, listed the property for sale at midnight Thursday for $799,000. For some, the price tag has come to symbolize the runaway property values that are making it increasingly difficult for Silicon Valley renters and new arrivals to afford a home here. But local real estate agents say in this market, there’s nothing extraordinary about the price. 
  
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 Tom Steyer’s rally call for President Trump’s impeachment, teaching workers to stay safe in active-shooter situations, and San Jose’s unlikely hockey star are all featured in today’s Current. 
  
 “It’s a great location,” said Holly Barr of the Sereno Group, the realtor who is selling the property. “It’s an easy commute. There’s a great downtown, walkability, people with kids and their dogs and tree-lined streets. It’s where people want to be.” 
  
 Several houses on that street have sold for $1.6 million, and Zillow estimates the home’s worth as more than $1 million. The home is about a mile from the area where Google plans to build a new campus. 
  
 “As crazy as it sounds, I’m not surprised by it,” realtor John Espinosa of Morgan Hill-based Heritage Realty Group said of the price tag. “It’s probably what I would do as well if I was listing that property.” 
  
 Barr posted a photo of the burned house and its price on the Willow Glen Charm Facebook page Monday night, sparking a quick response from shocked observers. The post has been shared nearly 1,000 times, and Barr says about 20 people have contacted her so far to express interest in the property. She called the response “overwhelming.” 
  
 The value is in the 5,850-square-foot lot, Barr said, where the buyer could tear down the damaged building and build his or her dream house. 
  
 A look back in time using Google Street View, which shows the home before it caught fire, reveals its potential. The image shows a small cottage shaded by trees and bordered by a white picket fence. 
  
 Despite the ruined condition of the house, the property presents a great opportunity, Espinosa said. A developer likely can save money by taking advantage of existing sewer, water and power hookups to the burned house, he said. 
  
 Rick Smith, former president of the Santa Clara County Association of Realtors, agrees. 
  
 “It’s not an issue of if it will sell,” he said, “it’s a matter of how much over the asking price.” 
  
 A developer might spend $500,000 building a new house on that lot, plus an extra $15,000 or $20,000 demolishing the old house and hauling away the pieces, Smith said. If the rebuilt house sells for $1.6 million, that’s about a $300,000 profit. 
  
 Smith recently listed a similar uninhabitable property in San Francisco for $399,000 — the plumbing didn’t work, and visitors risked plunging through the floor if they stepped on a certain spot in the bathroom. That home received 23 all-cash offers, and ultimately sold for $565,000, Smith said. 
  
 The Bird Avenue home likely will see cash offers as well, he said, because many lenders won’t put money up for such severely damaged homes. 
  
 But just because paying $800,000 or more for the remains of a home has become the new normal in Silicon Valley, doesn’t mean it’s not a jaw-dropping sum elsewhere, Espinosa said. 
  
 “Anybody who is coming from another state and sees what we here in the Bay Area are paying for homes,” he said, “it’s just insane.” ||||| A condemned home is seen Wednesday, April 18, 2018, in Fremont, Calif. The condemned Northern California house with holes in the roof and mildew in the pipes sold last month for $1.23 million. (AP Photo/Ben... (Associated Press) 
  
 A condemned home is seen Wednesday, April 18, 2018, in Fremont, Calif. The condemned Northern California house with holes in the roof and mildew in the pipes sold last month for $1.23 million. (AP Photo/Ben Margot) (Associated Press) 
  
 A condemned home is seen Wednesday, April 18, 2018, in Fremont, Calif. The condemned Northern California house with holes in the roof and mildew in the pipes sold last month for $1.23 million. (AP Photo/Ben Margot) (Associated Press) A condemned home is seen Wednesday, April 18, 2018, in Fremont, Calif. The condemned Northern California house with holes in the roof and mildew in the pipes sold last month for $1.23 million. (AP Photo/Ben... (Associated Press) 
  
 FREMONT, Calif. (AP) — A condemned Northern California house with holes in the roof and mildew in the pipes sold last month for $1.23 million, a price tag that highlights how a housing shortage is fueling skyrocketing home prices in the San Francisco Bay Area. 
  
 Listing agent Larry Gallegos said Wednesday he received three cash offers after listing the Fremont home in January for $1 million. The three-bedroom, two-bath house home closed $230,000 over the asking price on March 30, said Gallegos, of Better Homes and Gardens, Reliance Partners. 
  
 "There are so many 20-year-old millionaires in the area that it really didn't surprise me," said Gallegos. 
  
 Two investors bought the house and plan to tear it down and build a 4,000 square-foot, "completely green" home they hope to put in the market within five months, Gallegos said. 
  
 He said the buyers didn't even enter the house because they had no interest in the actual building but on its location, which could offer a view of the bay from a second story. Online property records show its assessment is years out of date — its taxable value is listed as $90,000. 
  
 Gallegos, 64, said his father bought a home in Fremont, 35 miles (56 kilometers) south of San Francisco in the late 1950s for $13,000. "Times have changed but real estate is still a good investment," he said. 
  
 The median home price in Fremont, which connects to Silicon Valley through several highways and with easy access to San Francisco and Oakland by train, is $1 million as of late February, according to Zillow.com, compared to $1.3 million in San Francisco and $1.28 million in Berkeley. 
  
 The owner of a burned-out house in nearby San Jose last week listed the property for $800,000. Holly Barr, the real estate agent selling that house, told the Mercury News in San Jose that the price is standard for the desirable location. |||||
Student:
A condemned Northern California house with holes in the roof and mildew in the pipes sold last month for $1.23 million, a price tag that highlights how a housing shortage is fueling skyrocketing home prices in the San Francisco Bay Area. Listing agent Larry Gallegos said Wednesday he received three cash offers after listing the Fremont home in January for $1 million, the AP reports. The three-bedroom, two-bath home closed $230,000 over the asking price on March 30, said Gallegos, of Better Homes and Gardens, Reliance Partners. "There are so many 20-year-old millionaires in the area that it really didn't surprise me," said Gallegos. Two investors bought the house and plan to tear it down and build a 4,000-square-foot, "completely green" home they hope to put on the market within five months, Gallegos said. He said the buyers didn't even enter the house because they had no interest in the actual building but in its location, which could offer a view of the bay from a second story. Online property records show its assessment is years out of date—its taxable value is listed as $90,000. The median home price in Fremont, which connects to Silicon Valley through several highways and with easy access to San Francisco and Oakland by train, is $1 million as of late February, according to Zillow.com, compared to $1.3 million in San Francisco and $1.28 million in Berkeley. The owner of a burned-out house in nearby San Jose last week listed the property for $800,000. Holly Barr, the real estate agent selling that house, told the Mercury News in San Jose that the price is standard for the desirable location.