Call Us
650.644.3474
728 Emerson Street, Palo Alto, CA 94301
![]() | Michael Dreyfus
| |
As we approach the golden IPO moment, I though I'd take the time to address the “Facebook Effect” on our local market. Despite the breathless proclamations by real estate agents and hopeful sellers about dramatic price increases due to Facebook buyers with money falling out of the...
Finally 2012. The year everyone in local real estate has been waiting for. Facebook is going public, the tech sector is chugging along and multiple offers are back. 2011 saw a big rebound in Palo Alto prices and the early goings of January have been hot, hot, hot. Every real estate agent in town ...
Palo Alto rang in the New Year with a big bump in prices. The median price rose 7% and the average price went up 22% from the previous December.
Real estate agents have their seat belts on and their tray tables locked as they wait to see how the much the heralded “Facebook Effect&rdquo...