Posted by: Don Diltz | May 22, 2011

Good News for Realtors, Sellers; Good News & Take Heed for Buyers

The Sacramento Bee reported further job gains in our state and, particularly, in San Francisco and Silicon Valley.  Linked-In had the most successful internet IPO since Google.  This is what we’re looking for folks – improvement in the local economy.  Remember, real estate transactions ride on the back of this economy and things are looking sweet.

The Palo Alto real estate market is still reported as “on fire”, which is not surprising considering the cash available in the valley.  Linked-In will add fuel to that fire.  And there is always a Santa Ana wind blowing north to SF.  Moreover, SF’s mini silicon valley in South Beach is alive and well and growing.

Don’t get too excited, there will be a dismal report in tomorrow or the next day’s news to dampen the flame, but it looks like we are on a somewhat consistent ride into our next market.

Check out the Sacramento Bee by clicking here.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Categories

%d bloggers like this: