What a breath of fresh air to wake up reading the front page of the San Mateo Times on Sunday while drinking a cup of coffee and seeing in bold, “Housing values inch back up” by Pete Carey.
Still on Sunday, another strong sign was the front page of the SF Chronicle regarding the Technology sector. ” New boom is no echo of 1999″. From Casey Newton to James Temple. James writes that the restaurants are filling up by the tech workers and Casey points out that San Francisco will have 28% more tech positions by the end of the year.
My question is, where are they going to live? Both housing sectors are doing well. Whether you are looking for a home to purchase or rent, you have strong competition.
I’ve known this for months because when you are in the trenches each and every day with your peers, you know when things are on the move.
Yes, I know things are still rough out there, from Stockton to Detroit, but here in the Bay Area, homes are flying off the market. Granted, if they are priced correctly.