Sound Real estate information for the mid-peninsula of San Francisco: the Silicon Valley.
Saturday, February 4, 2012
Facebook and the Silicon Valley Market....
Everyone is speaking of the effect of the Facebook IPO on the real estate market around here. This is an interesting article that I wanted to share: Coldwell Banker "Table Talk".
I have already experienced in all my activity in Palo Alto a definite "tightness" of the market. Several of the offers that I have placed recently met with many other offers, most of them very strong (like in: - cash! and very much over asking price).