According to a recent CEO survey by Silicon Valley Leadership Group released today, 59% of 222 surveyed employers expect to add jobs in Silicon Valley, up from 46% in the beginning of 2013. High tech, biotech, med tech, cleantech and financial services are doing well.
This survey translates to more jobs, higher income and more wealth! The demand for Bay Area housing should increase accordingly. And, the housing market conditions in Silicon Valley are expected to improve in 2014 as more optimistic sellers are repurchasing. The high demand from eager buyers and improved housing market conditions would certainly keep the Bay Area/Silicon Valley real estate market hot. If you’re considering to buy a property, it’s advised that you buy sooner than later in the current market. Contact us to discuss your real estate needs.