u/Better-Papaya5383

Hunting for a Peninsula SFH (good schools, doable SF commute). Found a new listing in the Belmont Heights: https://www.redfin.com/CA/Belmont/2741-Waltham-Cross-St-94002/home/1059086

Thinking about floating a $4M pre-emptive today to bypass the weekend open house madness. We're terrified of bidding against ourselves if belmont market is softening, but we really don't want to lose it to bidding war next week either.

Quick questions for the locals:

1. Does $4M actually make sense for this pocket, or are we being way too aggressive

2. Are sellers around here even entertaining pre-emptives right now

3. How bad is the morning traffic getting down the hill to the 280/101?