The Silicon Valley real estate market will be impacted by coming IPO’s. I keep a list on my desktop of the hottest ones – with Facebook rumored as coming soon – the luxury real estate market will see increased demand for estates in Silicon Valley. Demand is strong now in select markets – and there are only so many large estates in the Bay Area. We will likely see the areas with the highest market demand sell first – and that demand will leak over to other areas. There have recently been significant sales in the Bay Area of estates – both on and off market. Here is the article that primed this blog post:
http://www.cityam.com/news-and-analysis/investors-prepare-facebook-s-ipo
