The average monthly rent in Santa Clara County “zoomed up $93″ in the first three months of 2015, zooming an even zoomier $108 in San Mateo County, according to the Silicon Valley edition of the Business Journal. For those of you keeping score at home, that’s increases of 12 and 13.6 percent respectively over the past twelve months.
The terribly earnest trackers of social trends are suggesting that today’s younger buyers want the convenience and walkability of the city, and that in the not-too-distant future aging boomers will be trying to sell their suburban ranchers to a market limited to other aging boomers. The bottom will fall out of the suburban rancher market, and those few of you still willing to buy (easily identifiable by your Ford station wagon with fake wood paneling) will snap up surplus ranchers for pennies on the dollar.
Yes, Customer Satisfaction is Key, or you wouldn’t get a nine-page customer survey in the mail every time you buy a stick of gum, but this infographic is more about how “customers” (donut shops have customers, real estate brokerages have clients) choose their agents.
Today’s moral, friends and fellow Casino Royale fans, is never to bet against Silicon Valley over the long term.
Back in the old days, back when Bill Gates was learning code, they talked about the Internet-Empowered Consumer.
What causes a red-hot seller’s market like we’ve seen here in the Bay Area, with well-heeled buyers bidding furiously on limited inventory, sending prices spiraling with every multiple offer?
Okay, this infographic should probably come with sub-titles, like the movies I watch on the local Chinese-language channel, although its sub-titles are also in Chinese, but there’s probably a good reason for this.
Palo Alto is having a Buzz Lightyear kind of year. In fact, it’s had a bunch of Buzz Lightyear years lately, going back to 2010 (“and beyond!”).