Will the Facebook IPO have an effect on the luxury home market? It’s already been happening. Shares of Facebook and other non-public companies have been traded in the secondary market – so we have already seen buyers trading their Facebook shares (and employee/shareholders of other private companies) and buying real estate. After a company goes [...]
Posts Tagged ‘Bay area Estates’
Facebook effect on Real Estate
Posted in Los Altos Luxury Estate, Luxury Estate, Palo Alto Real Estate, Real Estate, tagged atherton, atherton luxury homes, Bay area Estates, David Bergman, fine estates, Intero Real estate, Los Altos, Los Altos Hills Luxury Estates, Luxury, Luxury Estates, luxury homes, Menlo Park, Palo Alto, Silicon Valley Luxury Real estate on February 3, 2012 | Leave a Comment »
Another sold Estate in Los Gatos, CA
Posted in Luxury Estate, Real Estate, tagged atherton luxury homes, Bay area Estates, Bay Area Luxury Estates, Bay Area Luxury Homes, David Bergman, fine estates, Intero Real estate, Luxury, Luxury Estates, luxury homes, Silicon Valley Luxury Real estate on February 3, 2012 |
Another sold estate in Los Gatos. This one sold for $11.5 million. Good sign for the luxury market. Main House was about 13,000 square feet and has great views.
IPO’s and luxury home sales
Posted in Los Altos Luxury Estate, Luxury Estate, Real Estate, tagged atherton, atherton luxury homes, Bay area Estates, Bay Area Luxury Estates, Bay Area Luxury Homes, David Bergman, Intero Real estate, Los Altos Hills, Los Altos Hills Luxury Estates, Luxury Estates, Palo Alto, Silicon Valley Luxury Real estate on November 21, 2011 | Leave a Comment »
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 [...]
Los Altos Hills Median price – last 30 days as of August 15, 2011
Posted in Los Altos Estate, Los Altos Luxury Estate, tagged Bay area Estates, Bay Area Luxury Estates, Bay Area Luxury Homes, David Bergman, fine estates, house, Intero Real Estate Services, Los Altos Hills, Los Altos Hills Luxury Estates, Real estate Statistics, santa clara county real estate on August 15, 2011 |
7 homes closed escrow in the last 30 days in Los Altos Hills, California. The median sale price was $2,575,000. The average home size was 3,369 square feet on 1.25 acres. This is information from the MLS – non MLS sales are not reflected in this data.
Households with $30 million or higher wealth
Posted in Los Altos Estate, Luxury Estate, tagged atherton luxury homes, Bay area Estates, Bay Area Luxury Estates, Bay Area Luxury Homes, David Bergman, Estate, fine estates, Intero Real estate, Los Altos Hills Luxury Estates, Luxury Estates, Silicon Valley Luxury Real estate on May 25, 2011 |
China, Brazil and India will likely all be in the top 10 in total households with wealth over $30 million per household within the next decade.
Sinapore – wealthy in 2020
Posted in Los Altos Luxury Estate, Luxury Estate, tagged atherton luxury homes, Bay area Estates, Bay Area Luxury Estates, Bay Area Luxury Homes, David Bergman, Estate, fine estates, Intero Real Estate Services, Los Altos Hills Luxury Estates, Luxury, Luxury Estates, luxury homes, Silicon Valley Luxury Real estate on May 23, 2011 |
Singapore is likely by 2020 to have the highest percentage of households with a net worth of $30 million US dollars. The percentage of households in Singapore with $30 million or more net worth is expected to be 1.82% of the total households. This percentage is well above other leading countries including Switzerland, Hong Kong and [...]
Los Altos Hills Real Estate Update 5/17/11
Posted in Los Altos Estate, Luxury Estate, Real Estate, tagged Bay area Estates, Bay Area Luxury Estates, David Bergman, Intero, Los Altos, Los Altos homes for sale, Silicon Valley Home on May 17, 2011 |
Good morning – it is Tuesday morning (May 17th). There are 56 homes for sale in Los Altos Hills on the multiple listing service. Prices range from $1.3 million to just over $20 million dollars. There are 12 properties currently pending (under contract). 9 properties have closed escrow in the last 30 days. Sale prices ranged [...]
Wealthy in California
Posted in Los Altos Estate, Los Altos Luxury Estate, Luxury Estate, tagged Bay area Estates, Bay Area Luxury Estates, David Bergman, Estate, fine estates, Intero Real Estate Services, Los Altos Hills Luxury Estates, Luxury, Luxury Estates, luxury homes, Silicon Valley Luxury Real estate on May 16, 2011 |
By 2020 43% of the world’s wealth among millionaire households will be in the US – California will likely have the highest numbers.
Personal Wealth growth in China
Posted in Los Altos Luxury Estate, Luxury Estate, tagged atherton luxury homes, Bay area Estates, Bay Area Luxury Estates, Bay Area Luxury Homes, David Bergman, Estate, fine estates, Intero, Intero Real estate, Intero Real Estate Services, Los Altos Hills Luxury Estates, Luxury, Luxury Estates, luxury homes, Silicon Valley Luxury Real estate on May 13, 2011 |
China will continue to be the driving force in rate of growth of the wealthy followed by Brazil (emerging market) and Russia (emerging market). The US and Europe will continue to be the centers of wealth in the next decade.
Wealth will grow in the next decade
Posted in Los Altos Estate, Los Altos Luxury Estate, Luxury Estate, tagged atherton luxury homes, Bay area Estates, Bay Area Luxury Estates, Bay Area Luxury Homes, David Bergman, Intero, Intero Real estate, Intero Real Estate Services, Los Altos Hills Luxury Estates, Luxury, Luxury Estates, luxury homes, Silicon Valley Luxury Real estate on May 10, 2011 |
The next decade is going to show a marked increase in total wealth of millionaire households- it will grow from $92 trillion this year to $202 trillion in 2020.