Silicon Valley keeps top spot in real estate outlook

[dealmaker]

Silicon Valley keeps top spot in real estate outlook
Silicon Valley has the strongest momentum out of any other major metro in the country when it comes to its economy and commercial real estate, according to a new report by Jones Lang LaSalle. Silicon Valley has retained its top spot for three years straight, even asnearby San Francisco has fallen off.(Silicon Valley Business Journal)

 

[comagnum]

I remember what a ghost town SV was after the dot-com bust - in that time is was unimaginable thinking it would bounce back with so many vacant buildings.

 

[dealmaker]

• ON THE BLOCK

Berkeley median home price hits all-time record

http://blog.sfgate.com/ontheblock/2015/09/28/berkeley-median-home-price-hits-all-time-record/

 

[Sig]

I remember what a ghost town SV was after the dot-com bust - in that time is was unimaginable thinking it would bounce back with so many vacant buildings.

Commercial property maybe, but as someone trying (and failing) to buy a house from 1998-2002 I can tell you home prices didn't go down a bit on the lower end and the whole bidding war insanity was still going on for every sub-$1M house or condo that came on the market. Moved back in 2007 and thought for sure the housing market crash would bring down prices and it did way out in Concord and Antioch but the upward price pressure barely paused on the Peninsula.

 

[RRY16]

I remember what a ghost town SV was after the dot-com bust - in that time is was unimaginable thinking it would bounce back with so many vacant buildings.

SOMA and Down town Palo Alto is where many of the new post dot com startups set up shop.