Date: 22 Mar 2012 0 Comment Market Research Posted by: TD Thornton Group
The Silicon Valley real estate market has been heating up for the last 8 weeks since Facebook announced its IPO. The multiple offers started in Palo Alto and have begun to work their way outward. Buyers who got priced out of the market in Palo Alto, looked towards Mountain View as an alternative. Multiple offers are now commonplace in Mountain View as the wave has continued to surge and pushed...
Check out this San Francisco Bay Area Fourth Quarter 2011 Apartment Market Report via Cassidy Turley.
Keep in mind that 12% rent growth for Santa Clara County is an average over the whole county. We have seen stronger rent growth in parts of Upper Silicon Valley.
Date: 14 Jul 2011 0 Comment Market Research Posted by: TD Thornton Group
Job creation is a leading indicator for increasing real estate prices in all sectors, including residential real estate. As residents gain employment, they also become qualified home buyers and renters. Nationwide, unemployment rates are down relative to the last two years (see chart below). Unemployment rates are also trending downward in Santa Clara County. Bay Area tech companies like Google,...