People sometime ask me, “How is the real estate market in Silicon Valley?”
Well, let’s look at this e-mail I got recently:
Townhouses across the street from train tracks, light rail, a high way, and a major road – starting at $624 per square foot?
If you ask me, the market is doing pretty darn well. Everything is back on track, just as nature intended. Finally the Real Bay Area is back on track to eventually overtaking lesser places like Manhattan, London, and Tokyo for most expensive real estate.
The real question is: will you be lining up for 3 days or 3 weeks on the street to get one of these units?